🏚️ Flip and Profit over 70k or Cashflow 400+/mo!!!🏡
Attention Real Estate Investors
Unleash the potential of this 2-bedroom, 1-bathroom fixer upper, perfectly situated near Downtown San Antonio. Being sold as-is, this property is a golden opportunity for savvy investors seeking to transform into an absolute gem.
Perfect for generating rental income or as a high yield flip!! Don’t miss out—schedule your showing today! **contact below**
ASKING PRICE: $60K
ARV: $180K
Perfect For:
🛠 Fix/Flip Opportunity
(Purchase Price) $60K + (Rehab) $45k = $105K (Total Investment)
(ARV) $180k - (Total Investment) $105k = (Gross Profit) $75k
ARV Comps:
418 Blue Bonnett St, San Antonio, TX 78202 - SOLD $175,000
2 bed | 1 bath | 694 SqFt (0.43 mi away)
619 Canton , San Antonio, TX 78202 - SOLD $173,000
2 bed | 1 bath | 900 SqFt (0.26 mi away)
810 Gabriel, San Antonio, TX 78202 - SOLD $142,000
2 bed | 1 bath | 756 SqFt (0.09 mi away)
🚪 Buy and Hold
(Purchase Price) $60K + (Rehab) $25k = (Total Investment) $85k
(Current Rent Rate) $1,400/mo - 1,000 (PTI) = $400+/mo est. CASH FLOW!
Rental Comps:
1427 Hays St, San Antonio, TX 78202- LEASED $1,390/MO
1970 Burnet St, San Antonio, TX 78202- LEASED $1,299/MO
2514 E Houston St, San Antonio, TX 78202- LEASED $1,200/MO
Property Overview:
🛏 2 Bedrooms
🛁 1 Bathroom
📏 732 SqFt
📅 Built in 1930
Additional Insight:
🚀 Area: Hot Area for Flips or profitbale Rentals
🕒 History: Long-term Owners
🚧 Attention Required: Moderate/Full Rehab
🔄 Vacancy: Vacant
**Buyer due own diligence on all properties**
CALL TO SCHEDULE SHOWINGS
214-286-6940
TENTATIVE CLOSE DATE: 10/07/2024
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