Contract Price:

• Contract Price = $427,875.56

PITI Breakdown:

• $2,637.53  PITI  

• 3.375% Interest

• $14 Monthly HOA (No Rental Restrictions)

• $399,395.35  Mortgage Balance 

Entry Fee:

Total Entry Cost: $50,000+ CC +TC 

COE: 7/31/2024

Possible Exits:

LTR Rental Comps:

Comp 1: 3313 Long Fellow Dr, Belton, TX 76513 (Direct Neighbor To Subject)

• Rent: $3,200

• Picture Link

Comp 2: 2504 Amber Forest Trl, Belton, TX 76513

• Rent: $2,850

• Picture Link

Rent Rate: $3,100

STR  Comps and Analysis:

• NEW! Modern Boho 4 BD, Backyard Retreat Near Lake! (Very Close)

• Revenue: 6,721

• Occupancy: 87%

• Reviews: 27

• ADR: $254

• https://www.airbnb.com/rooms/699834048374633622?source_impression_id=p3_1719976366_P3fWuKGmooNhZR7t 

• Revenue: $7,336

• Occupancy: 90%

• Reviews: 72

• ADR: $268

• https://www.airbnb.com/rooms/54010385?source_impression_id=p3_1719976423_P3GPT3jSkx5VTw_- 

• Revenue: $7,296

• Occupancy: 67%

• Reviews: 37

• ADR: $358

• https://www.airbnb.com/rooms/629809567651673501?source_impression_id=p3_1719976486_P3VZQywwTabtDFGp 

• Revenue: $10,821

• Occupancy: 67%

• Reviews: 75

• ADR: $531

$8,043.5+  Potential Revenue (Based On Comps)!!!

Potential: $6,684 Monthly Revenue Based On Data Rabbu

MTR Comps and Analysis:

• https://www.furnishedfinder.com/property/532764_1 

• Revenue: $3,200

• Booked Thru: 10/27/24

• Bed/Bath: 4/2

• https://www.furnishedfinder.com/property/565462_1 

• Revenue: $3,500

• Booked Thru: 10/09/24

• Bed/Bath: 4/2

• https://www.furnishedfinder.com/property/563483_1 

• Revenue: $3,350

• Booked Thru: 09/21/24

• Bed/Bath: 3/2

$3,350+  Potential Revenue (Based On Comps)!!!