7222 Cool Creek Dr, San Antonio, TX 78238

This 4 bedroom / 1.5 bathroom property makes sense for any rental investor, even in today's changing real estate market. A perfect location for urban convenience in NW San Antonio, and an amazing BRRRR opportunity!

Property is Vacant, contact Dispo Manager for viewing options.

Deal Takeaways:

Needs cosmetic work/make-ready (kitchen cabinets & siding work + appliances)

Roof 5YO

The water heater 2YO

New plumbing & sewer line replaced last year

AC unit 5 years old

7 Mins away from Walmart & HEB

10 Mins away from Earl Warren High School

15 Mins away from SeaWorld San Antonio

15 Mins away from Methodist Hospital

Financials:

ARV: $195,000

Purchase Price: $129,500

Profit Details:

$195,000 ARV

(*) 94% for sale commissions

(-) $129,500 purchase price

(-) $20,000 rehab budget

(-) $5,000 closing / holding cost

(=) $28,800 profit

Rental Profit Details:

$1,446 monthly market rent

(-) $360 monthly tax

(-) $110 monthly insurance

(-) $150 property management

(-) $150 allocation for repairs, vacancy, etc

(=) $661 net monthly cash flow

Property Details:

Built 1971

1,008 Home Square Feet

7,797 Square Feet Lot Size

Oct 13th 2023 Close