12430 Trailing Oaks St, Live Oak, TX 78233

This 1971 built, 3 bed / 1 bath property in Live Oak, TX makes sense for any mom and pop landlord or owner finance expert. Solid condition and excellent location for the price.

Rental Profit Details:

$1,500 pro-forma rents

(-) $587 monthly principal and interest

(-) $305 monthly tax

(-) $85 monthly insurance

(-) $120 property management

(-) $225 allocation for repairs, vacancy, etc

(=) $178 net monthly cash flow

Sale Profit Details:

$219,000 ARV

(*) 95% for sale commissions / closing costs

(-) $152,500 purchase price

(-) $30,000 rehab buget

(-) 4,000 closing / holding cost

(=) $21,550 profit

Property Details:

3 Beds / 1 Bath / 1 Car Garage

1971 Year Build

980 Home Square Feet

.14 Lot Square Feet

January 24th, 2023 Closing

Occupied at Close

Month-to-Month Tenants Paying $895/mo