139 Paul St, San Antonio, TX 78203

This 2 bedroom / 1 bathroom rental makes sense for any rental investor, even in today's changing real estate market. Prime location by Downtown San Antonio, a low-cost flip, and an amazing BRRRR opportunity!

Property is Vacant, contact Dispo Manager for lockbox combo.

Deal Takeaways:

Located in the heart of Denver Heights

Highly desirable, up-and-coming area with new builds and flips throughout

Flips immediately across the street, massive potential

Located by Downtown San Antonio, Riverwalk, Alamodome, The Pearl Brewery, and more!

Easy access to several highways

Financials:

ARV: $200,000

Purchase Price: $95,000

Profit Details:

$200,000 ARV

(*) 94% for sale commissions

(-) $95,000 purchase price

(-) $35,000 rehab budget

(-) $5,000 closing / holding cost

(=) $33,550 profit

Rental Profit Details:

$1,357 monthly current rent

(-) $211 monthly tax

(-) $110 monthly insurance

(-) $90 property management

(-) $90 allocation for repairs, vacancy, etc

(=) $856 net monthly cash flow

Property Details:

2 Beds / 1 Bath

1936 Year Build

696 Home Square Feet

4,657 Square Feet Lot Size

September 12th, 2023 Closing