Great flip or Rental in San Antonio, TX (light rehab)

Bexar County, San Antonio, TX, 78223 view full address
For Sale
Listed at: September 18th, 2024
Price
$127,000
ARV
$225,000
Gross Margin
$98,000
Sq. Footage
1350
Type
Single-Family
Parking
Attached Garage
Year build
1957
Lot size
0.18 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Discounted Home In Great Neighborhood!

Property Features:

Fixer-upper but livable, this 3-bedroom, 2-bath home is located near Brooks City Base. With a spacious living room and a huge backyard, it's perfect for families. The property is within walking distance from an elementary school, adding to its convenience not to mention HEB and tons of shopping malls around. Similar homes in the area sell for around $225,000, making this a promising investment opportunity. Call now to schedule a showing

 

FLIP EXIT STRATEGY

Purchase $130k

Closing cost: $5k

Rehab $25k

Sales price $225k conservative (can go higher) - 5% listing commission $5k Estimated closing cost = $204k - $160K All In = $45k Profit 

 

ESTIMATED NET TO SELLER $45k Minimum

 

OWNER FINANCE EXIT STRATEGY

Sales price $160k

$20k down payment

10% interest

30 year note

$1,230.00 monthly payment principal and interest only! (Taxes & Insurance not included)

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Danny G

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