RED OAK, TX 75154

SUBJECT-TO OPPORTUNITY – RED OAK, TX

213 Stefani Dr, Red Oak, TX 75154

Take over this newer 3BR/2BA home via Subject-To with a low 2.7% interest rate and an estimated $2,400/month payment. Seller is offering a 1-year leaseback at $3,370/month, creating a strong cash-flow component during the leaseback period.

PICTURES: https://drive.google.com/drive/u/0/folders/1dQ4fuay32nl1SXoE9lsN1YD4OAk2Wg5I

Property Details

• 3 Bed / 2 Bath
• 1,998 SF
• Built in 2019
• Roof: Approx. 5 years old
• AC: Approx. 5 years old
• Subject-To

SUBTO Terms

• Down Payment / Entry: $85,000
• Interest Rate: 2.7%
• Est. Monthly Payment: $2,400
• Seller Leaseback: 1 Year
• Leaseback Rent: $3,370/month
• Estimated Monthly Spread During Leaseback: $970/month before other expenses

Investor Highlights

Low 2.7% interest rate

Newer 2019 construction

$85K entry

Approx. $970/month gross spread during 1-year leaseback

Roof & AC approximately 5 years old

Red Oak / DFW-area location

For More Information / To Lock It Up:

Contact Alex: 602-505-5874