Looking for a cash-flow monster with zero money down and 0% seller carry?
• Buyer brings DSCR loan @ ~6.5–7.5% (LTV 75–80%)
• Seller Carryback: $114,000 @ 0% Interest, No Payments
• 10-Year Balloon on Seller Note
Monthly Payment Breakdown:
Perfect for a co-living / shared housing model
PADSPILT CONVERSION
• Potential for 10–12 rentable rooms
• Average Rent per Room (PadSplit): $818/mo
• Projected Gross Income:
• 10 rooms = $8,180/mo
• 12 rooms = $9,816/mo
• Cash Flow After Expenses:
• Up to $6,944/mo net
• Purchase Price: $380,000
• Entry Fee: $0 DOWN (Just CC + TC)
• Monthly Payment: $2,872 Total (PITI)
Estimated Rehab for Conversion: $100K–$150K
No HOA. Zoned to reposition. Big lot.
This is one of the strongest cash-flowing plays you’ll find in Texas with $0 down and massive upside.
DM “JO MARIE” for photos, financials, or a walkthrough.
Docs / Additional Details: