$390,000 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: $390,000 Cash to Seller: $35,000 Seller Financing: $355,000 Seller Financing: ~91% Interest Rate: 7.00% Amortization: 30 Years Monthly P&I: ~$2,361.82Balloon: 7 Years Estimated Balloon: ~$323,574 Seller Position: First-Position
PRELIMINARY CASH FLOW SNAPSHOT
Based on the provided rent roll and operating expenses:
Scheduled Monthly Gross Rent: $4,150
Monthly Operating Expenses: $1,012.64
Net Operating Income (NOI): $3,137.36/month
Monthly Seller-Financing P&I: $2,361.82
Estimated Monthly Cash Flow: $775.54
Estimated Annual Cash Flow: $9,306.48
At market rents of $4,500/month, estimated cash flow increases to approximately $1,125.54/month ($13,506.48 annually), assuming the same listed expenses and debt service.
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: $10,000 acquisition/assignment fee
Estimated total cash requirement: ~$45,000 + 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 balloon 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. Subject to seller approval and final documentation.