8255 Misty Willow St, San Antonio, TX 78250
This 1985 built, 4 bed / 3 bath Duplex in San Antonio, TX is a rare opportunity for a cash flowing, cash out BRRRR in today’s interest rate environment! Prime location in San Antonio!
Key Points:
Duplex! Separate entrances, kitchens, backyards, laundry rooms, etc.
Cash out! Current appraisal at $362,000! Easy opportunity for you to buy and pull almost all cash out upon refinance. Sold at 75% of value! Appraisal attached below.
Cash flow! One side alone is currently renting for $1400/mo. Other side will be vacant at close.
Massive lot size, almost half an Acre!
Amazing location in 78250!
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Location Details:
Near popular fast food restaurants, HEB shopping, and Walmart nearby, you'll have everything you need just a stone's throw away. Less than 6 miles away from Methodist Hospital and nearby Stevenson Middle School and James L. Carson elementary.
Financials:
Market Value: $362,000
Purchase Price: $275,000
Profit Details:
$362,000 Market Value
(*) 94% for sale commissions
(-) $275,000 purchase price
(-) $5,000 unit make ready budget
(-) $5,000 closing / holding cost
(=) $50,280 profit
Rental Profit Details:
$2,800 monthly market rents
(-) $641 monthly tax
(-) $110 monthly insurance
(-) $280 property management
(-) $280 allocation for repairs, vacancy, etc
(=) $1,489 net monthly cash flow
Additional Property Details:
4 Beds / 3 Bath (Unit Mix: 3/2 & 1/1)
1985 Year Build
2,787 Home Square Feet
17,460 Lot Size
Closing July 31st
Roof 15 years old
part 1
part 2
Bedrooms | |
Bathrooms | |
Sq. footage |