🏑 Great Flip opportunity in San Antonio | HUGE Spread | Nice areaβœ¨πŸŒ„

Bexar County, San Antonio, TX, 78201
Sold
Listed at: May 19th, 2024
Price
$116,000
ARV
$305,000
Gross Margin
$189,000
Sq. Footage
1840
Type
Single-Family
Parking
On street
Year build
1946
Lot size
6011.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Address: 402 Gardina Street, San Antonio, Tx, 78201

3-bedroom / 1 bath Single Family Home 

Property is Vacant! Contact the Dispo Manager for access. 

Deal Takeaways:

  • Great flip potential! Lots of equity! 
  • Roof is older (unknown exact year)
  • No HVAC
  • Property in a nice area

Financials:

ARV: $305,000

Purchase Price: $116,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $305,000

(*) 94% for sale commissions

(-) $116,000 purchase price

(-) $70,000 estimated rehab costs

(-) $5,000 esti. closing / holding cost

(=) $72,700 profit

Estimated Rental Profit Details:

Estimated Rental Income: $2,014.00

(-) $93.66 monthly tax

(-) $201.40 monthly insurance

(-) $201.40 property management (estimated recommendation)

(-) $201.40 recommended allocation for repairs, vacancy, etc (estimated recommendation)

(=) $1,316.14 a month

Property Details:

1,840 Home Square Feet

6,011 SQFT Lot Size

Closing on June 5th, 2024

Padua Partners Acquisitions assumes no liability for the accuracy of any estimates or information provided. End buyers must conduct own due diligence. The property is to be sold as-is. Proof of funds is required. Cash or hard money only. End buyer pays all closing costs and fees associated with this transaction. $5,000 Non-Refundable EMD needed to secure the contract.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Samuel Wooten

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Disposition manager