TITLE:
SFR Home in Stallion Springs, CA
CONTROL:
Exclusive
VALUE:
$650,000
LOAN:
$0
EQUITY:
$650,000
TYPE:
Homes/Condos
HAVE:
Brand-new home sits on 4.89 acres in Stallion Springs, perfect if you're dreaming of space for horses, a barn, workshop, or just room to spread out.
WEBSITE URL:
ADDRESS:
29300 Horsethief Dr, Tehachapi, California
BENEFITS TO NEW OWNER:
This is a turnkey, brand-new home offering a rare combination of updated comforts and substantial land in a competitive market. Ideal for rental income.
GROSS SCHEDULED INCOME:
$42,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$42,000
EXPENSES:
$3,000
NOI:
$39,000
DEBT SERVICE:
$0
CASH FLOW:
$39,000
CAP RATE:
6.00%
BENEFITS SOUGHT:
Unlock equity tied into this debt-free home to fund larger, more scalable projects with stronger ROI.
REMARKS:
As the current owner, I am seeking for an exchange or use it as a down payment for a bigger project.
COUNSELOR:
Claudiu Ilie
Rise Realty
30041 Poseidon
Laguna Niguel, California, 92677
