01/15/2025
๐จ Investment Opportunity: VA Assumable Loan ๐จ
Attention Veterans and Investors!
๐ Property Details:
- Address: 14601 Cimarron Dr, Balch Springs, TX 75180
- Size: 4 bed | 2 bath | 1,054 sqft
- Foundation Warranty included
- Condition: Needs some aesthetic updates
- Rent potential in the area: ~$2,200/month
๐ต Financial Details:
- Loan Type: VA Assumable (MUST BE ASSUMED)
- Asking Amount: $30,000 (to cover arrears, taxes, etc.)
- Loan Amount: $241,809 at a **4.125% interest rate**
- Monthly Mortgage Payment: ~$1,743
- Solar Panel Obligation: ~$90K balance with $330/month payment
๐ This is a prime opportunity to step into a low-interest VA loan!
Additional Note:
- Solar panels must also be assumed.
- Perfect for investors looking to secure a property with solid terms.
๐ฉ DM me for more details, or to schedule a walkthrough. Let's move quickly on this incredible opportunity!