SubDeal - San Antonio Texas - 2.99% rate!!!

• This will go FAST!!!!

• Contract for assignment!

• 35k Entry(includes assignment)

• Take over existing loan Sub

• $550 LTR Cash Flow 

• Hybrid Deal 

Property Details: 10520 Lost Blf San Antonio, TX 78240

Purchase Price $295,000 ARV: $325,000

• 4 bed 3 bath 2,092 sq ft

• 35k entry fee + CC 

Loan Information 

• Balance: $198,355.44

• Interest Rate - 2.99%

• PITI - $1,865.38

Hybrid Seller Financing 

• 7 year balloon - $61,644.56 equity to be paid to seller 

• 12k in interest payments to be paid to the seller in the amount of ($12,000) in place of a monthly payment. 

• NO MONTHLY PAYMENTS 

Rents

• LTR - $2,400

• MTR - $2,800

• STR - $3,100 (30% vacancy) 

House Details:

• Built - 1992

• Property type: single family home 

• Central Air - 2 years old 

• Fresh paint 

Suggested Exit 

• Buy it and put a LTR tenant in there and cash flow for 7 years. 

• Furnish it and use it as a MTR or STR. It is right by a college, Sea World, Six Flags, and the best shopping mall in San Antonio. 

• You can’t lose whatever your exit is on this deal!!

More Info: 

• Family home in a quiet neighborhood within 15 mins to UTSA, USAA, Sea World, Six Flags, and La Cantera. 4 bedrooms, walk in closets in 3 of the rooms. AC unit less than 2 years old, fresh paint throughout. Large backyard with mature trees and large deck. All appliances included: fridge, stove, dishwasher, new garbage disposal, washer and dryer.