FOR SALE – 4938 Lark Ave., San Antonio TX 78228

Fixer Upper by St Mary’s University, 4938 Lark Ave, San Antonio TX, 78228, 4 beds, 2 bath, 1600 estimated sqft, Lot size: .17 acres, Subdivision: Magnolia Fig GDNSNS/SA, Built: 1979, needs foundation work pier biem, plumbing/electrical up to code, paint – estimated repair cost: 10K, Max ARV: 129K, Asking 84K cash.

Potential exit strategies:

1.    Owner Finance: 10K rehab, 5k-10k down payment, $1,295.00 monthly PI/TI, Price $129,900.00, sell the note in 2-5 years.

2.    10K rehab, rent $1295.00 monthly

3.     Owner Finance: no rehab, 5K down, $995 monthly PI/TI, price: 99K