🏚️ Buy & Hold and Cashflow 300+/mo
or Profit over $40k+ !!!🏡
Attention Real Estate Investors
Investor Special! Great flip opportunity. With some TLC... This spacious 3-bedroom, 1-bath home offers 1,360 sq ft of comfortable living space. Located in a quiet, established area with easy access to schools, shopping, and local amenities.
Perfect for generating rental income. Don’t miss out—schedule your showing today! **contact below**
ASKING PRICE: $115K
ARV: $200K+
RENT ROLL: $300+/MO
Perfect For:
🛠 Fix/Flip Opportunity
(Purchase Price) $115K + (Rehab) $30k = $145K (Total Investment)
(ARV) $200k - (Total Investment) $145k = (Gross Profit) Over $55k or $50k after closings
ARV Comps:
314 Kenmar Drive, San Antonio, TX 78220- SOLD $206K
3 bed | 1 bath | 1,254 SqFt (0.13 mi away)
229 Kenmar Drive, San Antonio, TX 78202 - SOLD $195,000
3 bed | 2 bath | 1,153 SqFt (0.16 mi away)
329 Leonidas Dr, San Antonio, TX 78202 - SOLD $219,000
4 bed | 2 bath | 1,213 SqFt (0.26 mi away)
🚪 Buy and Hold
(Purchase Price) $115K + (Rehab) $25k = (Total Investment) $140k
(Current Rent Rate) $1,800/mo - 1,450 (PITI) = $350+/mo est. CASH FLOW!
Rental Comps:
229 Kenmar Drive, San Antonio, TX 78202 LEASED $1,811/MO
338 Tomrob Dr, San Antonio, TX 78202- LEASED $1,600/MO
344 Readwell Dr, San Antonio, TX 78202 - LEASED $1,500/MO
Property Overview:
🛏 3 Bedrooms
🛁 1 Bathroom
📏 1,360 liveable sqft of potential!
📅 Built in 1951
Additional Insight:
🚀 Area: Hot Area for Flips or profitbale Rentals
🕒 History: Long-term Owners
🚧 Attention Required: Light Rehab -- Countertops, paint and bathrooms
🔄 Vacancy: Vacant
**Buyer due diligence on all properties**
CALL TO SCHEDULE SHOWINGS
214-286-6940
TENTATIVE CLOSE DATE: 09/30/2024
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