2331 Marcy Route, San Antonio, TX 78245

This 4 bedroom / 2 bathroom rental makes sense for any rental investor, even in today's changing real estate market. A perfect blend of tranquility and urban convenience, and an amazing BRRRR opportunity!

Property will be Vacant at closing, contact Dispo Manager for walkthrough.

Deal Takeaways:

Good for an investor who wants an easy flip

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

Flips immediately across the street, massive potential

Easy access to highways located only 20 mins away from Downtown San Antonio

8 mins away from Costco, Walmart & HEB Plus!

10 mins away from SeaWorld San Antonio

10 mins away Golf Club of Texas & Briggs Ranch Golf Club

Financials:

ARV: $295,000

Purchase Price: $227,300

Profit Details:

$295,000 ARV

(*) 94% for sale commissions

(-) $227,300 purchase price

(-) $25,000 rehab budget

(-) $5,000 closing / holding cost

(=) $20,000 profit

Rental Profit Details:

$1,856 monthly current rent

(-) $427 monthly tax

(-) $110 monthly insurance

(-) $185 property management

(-) $185 allocation for repairs, vacancy, etc

(=) $950 net monthly cash flow

Property Details:

2005 Year Build

1,968 Home Square Feet

5,500 Square Feet Lot Size

August 31st, 2023 Closing