20d • General discussion
Sub2 cashflowing deal for sale
SUB2 Opportunity – Odessa, TX (2023 Build)
New construction property with a tenant in place paying $4,000/mo through May. Existing financing at 5.5% with a PITI of ~$3,300, leaving about $700/mo net cash flow. No repairs needed.
Details:
• Year built: 2023
• Current rent: $4,000/mo
• PITI: ~$3,300/mo
• Cash to seller: $5,000
• Tenant in place, lease ends May
• Low maintenance, solid rental area
Looking to assign.
2
6 comments
Sub2 cashflowing deal for sale
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