10BR Home in Edinburg , TX

About This Property

5-UNIT MULTIFAMILY | EDINBURG, TX | SELLER FINANCING $490,000 PURCHASE PRICE | ONLY $35K CASH TO SELLER Edinburg, TX 78541 OWNER FINANCING OPPORTUNITY QUALIFIED BUYERS ONLY Secure a fully occupied 5-unit multifamily property in a strong Edinburg rental market with approximately 91% seller financing and favorable long-term terms. PROPERTY HIGHLIGHTS 5 Units 2 BD / 1 BA per unit Approximately 900 SF per unit Approximately 4,500 SF total ~0.80 Acres Built 1988/1989 100% Occupied Appliances included Ample parking Strong rental location Close to schools, shopping everyday amenities SELLER FINANCING TERMS Purchase Price: $490,000 Cash to Seller: Contact for details Seller Financing: Contact for details Seller Financing: ~91% Interest Rate: 7.00% Amortization: 30 Years Monthly P I: ~Contact for details Years Estimated ~Contact for details Seller Position: First-Position Deed of TrustInstitutional Financing: None INVESTOR OPPORTUNITY With only $35K cash required to the seller, this structure gives investors an opportunity to acquire a stabilized multifamily asset without traditional institutional financing. PLUS: Contact for details acquisition/Estimated total cash requirement: ~Contact for details + closing costs/reserves. Preliminary underwriting indicates potential for approximately 21% 26% cash-on-cash return, depending on actual rents, operating expenses, taxes, insurance, vacancy and management. DEAL STRUCTURE Fully occupied 5-unit property Immediate rental income ~91% seller financing 7% fixed interest 30-year amortization 7-year First-position seller financing No institutional financing required PG required No subordinate liens IDEAL BUYER Perfect for an investor looking for: Cash-flowing multifamily Seller-financed acquisition Low initial capital requirement Long-term rental hold Portfolio expansion Value-add potential through future rent optimization Qualified buyers only. Proof of funds / financial qualification required. Serious buyers request the full deal package, rent roll, financials and seller-financing documentation. Buyer to independently verify all property information, rents, expenses, financing terms and projections. seller approval and final documentation. CALL OR TEXT MIKE: JV / Partnership Opportunities: RoqueInvestorClub.com