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6BR Home in Lubbock , TX

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6BR Home in Lubbock , TX

Lubbock County, Lubbock, TX

$530,000
6
Bedrooms
4
Bathrooms
$2,000/mo
Monthly
OF
Owner Finance

Financing Details

Down Payment
$78,600
Monthly Payment
$2,000
Financing Type
Owner Finance
Credit Check
None Required

About This Property

LUBBOCK, TX 3-PROPERTY PORTFOLIO | 6 UNITS Three Duplexes | Creative Financing Sub-To | Rental Income Opportunity PROPERTY DETAILS 2715 E 2nd St, Lubbock, TX 79403 6 Beds | 4 Baths | 1,660 Sq Ft Built in 1955 | 7,949 Sq Ft Lot 1728 E Dartmouth St, Lubbock, TX 79403 4 Beds | 2 Baths | 2,643 Sq Ft Multifamily | Built in 1966 1730 E Dartmouth St, Lubbock, TX 79403 4 Beds | 2 Baths | 2,643 Sq Ft Multifamily | Built in 1966 DEAL HIGHLIGHTS Purchase Price: $530,000 Contact for details Existing Financing: ~Contact for details at 6.575% Estimated Buyer down payment: ~Contact for details Total Units: 6 Projected Gross Rent: ~Contact for details/Month Stabilized ~$870/Month Projected Cash-on-Cash Return: ~15.2% Creative Sub-To Trust Structure Existing financing remains in place, lender rights and transaction terms. PROPERTY PICTURES COMING SOON! Important: Existing loan maturity reportedly falls around 2029. An extension to 2032 or later is being pursued but is not yet approved. Buyer to verify all figures, loan documents, and terms. Call or Text Mike: RoqueInvestorClub.com

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