1327 Chalmers Ave, San Antonio, TX 78211
This 2 bedroom / 1 bathroom property makes sense for any rental investor, even in today's changing real estate market. Situated within South West San Antonio, provides a perfect location for urban simplicity, and an amazing BRRRR opportunity!
Property is Vacant, contact Dispo Manager for viewing options.
Deal Takeaways:
Roof is about 11 years old
It has window units & the windows are good
Shed in the back that needs some love
5 Mins drive from HEB plus!, Sam's Club & Walgreens
5 Mins away from local businesses and stores
15 Mins away from Downtown San Antonio
Easy Access to I-35
Financials:
ARV: $155,000
Purchase Price: $79,000
Profit Details:
$155,000 ARV
(*) 94% for sale commissions
(-) $79,000 purchase price
(-) $35,000 rehab budget
(-) $5,000 closing / holding cost
(=) $34,260 profit
Rental Profit Details:
$1,600 monthly estimated rent
(-) $190 monthly tax
(-) $110 monthly insurance
(-) $160 property management
(-) $160 allocation for repairs, vacancy, etc
(=) $980 net monthly cash flow
Property Details:
Built 1954
880 Home Square Feet
5,750 Square Feet Lot Size
pt 2
pt 1
Bedrooms | |
Bathrooms | |
Sq. footage |