Quick Update

Currently 5 duplexes out of 12 have been sold. Only 7 more left.

The “Group Power” Factor

1. Price reduction by $10,000 per duplex

2. Negotiated management fee of 5% instead the typical 8%-10%

3. Negotiated leasing fee of 50% instead the typical 65%-100% of the first month rent

4. $1800 towards title policy should you chose to work with preferred lender

5. One month of PITI (principal, interest, taxes and insurance) if property is not fully leased in the first 30 days following completion 

Property Specification

New construction duplex (two doors)

High End Finishes and Fixtures w/ Complete Appliance Package

Builder Warranty

Financial Information

Average Unit Size: 1298 square feet per side

2596 square feet in total

Sales Price: Plan 2596 = $259,900 per duplex

Projected Rent/Month: $1,400 per unit

$2800 total per month

Taxes: Williamson County: 2.959%

Travis County: 2.913%

H.O.A.: $63 per duplex monthly

Insurance: $75 per duplex monthly

Leasing Fee: 50% first full month’s rent

Management Fee: 5% gross collected income

Utilities: All utilities are paid for by the tenant

Projected cash-on-cash return*: 11.16%

* Based on 25% down-payment and 5% interest rate

Intimidate Area

Gulf course community

Easy access to large employment centers

7 minutes from Dell’s Round Rock Headquarters

Right off of TX-130

Less than 20 minutes from Downtown Austin

About Austin-Round Rock

#1 Best Big Cities for Jobs

#1 America’s Fastest Growing Cities

#1 Next Biggest Boom Towns in the U.S.

#2 Best Cities for Finding Employment

#3 America’s Biggest Brain Magnets

#7 Best Places for Business and Careers

#11 Next Decade’s Fastest Growing World Cities

Next Step

Interested in more details or to be a part of this group purchase?

Contact Dani Beit-Or: dani@simplydoit.net or 650-440-5544

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