Off-Market Property at 8024 Tonto Pl, El Paso, TX, 79904

8024 Tonto Pl, El Paso, TX, 79904

$450,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $158 per day and long-term for an average of $3,200 per month, based on similar listings in the area. Estimated short-term cap rate of -1.0%. Estimated long-term cap rate of 0.6%. Seller offering $10,000 credit towards kitchen remodel, closing costs or combination of the two. One of a kind home set in the desirable Mountain Park subdivision. Home offers refrigerated AC, extra large kitchen, granite countertops, stainless steel appliances, wood-burning fireplace, downstairs zoned primary suite with private backyard access, updated bathrooms (2021), spacious bedrooms & sunroom with panoramic city and mountain views, hardwood & tile floors, cedar closets, formal living area, formal dining, relaxing in-ground pool, assorted fruit trees, serene landscaping with unique fountain in front, courtyard entrance and much more. Don't miss viewing this one. You won't be disappointed.

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$7000
Bedrooms
4
Bathrooms
4
SQFT
3,561
Furnished
unknown
Year built
1957
Listing Status
Off Market
MLS
897043

Short-term Rental Potential
arrow_drop_up

$31,224

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$126

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$38,400

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$3,200/mo

Rent