New Construction Home with all Upgrades and Builders Lease back for 2-3 years

Asking $ 429,990
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Overview

  • Updated On:
  • November 22, 2022
  • 3 Bedrooms
  • 2.5 Bathrooms
  • 1,775.00 ft2
  • Year Built: 2022
  • 3 bedroom, 2.5 bath Single Family Home
  • Great location with quick access to major commuting routes, shopping and schools
  • Guaranteed rent amount while builder is leasing back
  • There are 4 separate models being offered currently
  • Builder is responsible for all maintenance and expenses while they are leasing the property A rated schools
  • The homes typically receive sod, special paint, feature upgrades not typically found in neighborhood homes.
  • These are the most impressive homes in the subdivision – because they are the “showrooms” for the builder to sell all the lots and the available upgrades to those homes. The garages are sheet rocked, the highest finish & trim levels are installed, and the higher grade flooring is installed. The homes are maintained in showroom condition – as they must be flawless to impress buyers.
  • Attached 2-car garage
Area:
State/County:
Country: United States
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Property Id : 56229
Price: Asking $ 429,990
Property Size: 1,775.00 ft2
Property Lot Size: 1,775.00 ft2
Rooms: 8
Bedrooms: 3
Bathrooms: 2.5
Year Built: 2022
Garage: Attached
Garage Size: 2
Rent (mo): 3100
ROI (ann): 21.4
Cashflow (mo): 148
Property Taxes (mo): 215
Insurance (mo): 150
Repairs (mo): 0
Management Fee (mo): 248
Leasing Fee (ann): 64.6
Vacancy Rate (ann): 4

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