SAN ANTONIO, TX – SELLER FINANCED DUPLEX | 8.5% DOWN | 5% INTEREST | 6-MONTH PAYMENT HOLIDAY
Avenue, San Antonio, TX 78209
CREATIVE FINANCE / BUY & HOLD OPPORTUNITY
This is an opportunity to acquire an income-producing duplex with an exceptionally attractive seller-financing structure.
The seller is financing 91.5% of the purchase price in first position, allowing an investor to acquire both units with a relatively low initial cash investment.
PROPERTY DETAILS
Property Type: Duplex
Address: Natalen Avenue
Market: San Antonio, TX 78209
Units: 2
Total Scheduled Monthly Collections: $2,230
Total Scheduled Annual Collections: $26,760
ACQUISITION & FINANCING
Purchase Price: $315,000
Down Payment: $26,775 (8.5%)
Seller Financing: $288,225 (91.5%)
Interest Rate: 5%
First 6 Months: No required monthly payments
Months 7–60: Approximately $600.47/month current interest payment
Remaining 2.5% Interest: Deferred until maturity
Loan Term: 5 Years
Principal: No scheduled amortization
Prepayment: Five-year lockout unless seller provides written consent
RENTAL INCOME
Unit 424
Base Rent: $1,095/month
Water Reimbursement: $50/month
Unit 426
Base Rent: $1,035/month
Water Reimbursement: $50/month
Combined Scheduled Collections: $2,230/month
PRELIMINARY INVESTMENT NUMBERS
Annual Scheduled Collections: $26,760
Estimated NOI: $15,253
Annual Current Interest: $7,206
Projected Annual Cash Flow: $8,047
Assignment Fee: $10,000
Estimated Buyer Capital Requirement:
Down Payment: $26,775
Assignment Fee: $10,000
Estimated Closing Costs: $8,000
Initial Reserves: $5,000
Total Estimated Cash Required: $49,775
Projected Stabilized Cash-on-Cash Return: Approximately 16.2%
Return calculation is based on current cash interest payments and preliminary operating assumptions. Deferred interest, balloon payoff, taxes, insurance, maintenance, and actual closing costs must be independently verified.
IDEAL BUYER
Creative finance investors
Long-term buy-and-hold investors
Cash-flow-focused investors
Investors comfortable with seller financing and balloon maturities
Investors with approximately $50K available for acquisition and reserves
IMPORTANT INVESTMENT CONSIDERATIONS
Five-year balloon maturity.
Deferred interest accumulates and is payable at maturity.
No scheduled principal amortization.
Five-year prepayment restriction unless seller consents in writing.
Seller approval of the end buyer and assignment is required.
Buyer to independently verify leases, expenses, financing documents, and property condition.
