Address: 1503 San Rafael St, San Antonio, TX 78214
Description: Increase your cash flow with this under market value property in San Antonio, almost adorable cottage, magnificent large back yard, needs major help (conversation to a 3 beds 2 bath) in the flourishing San Antonio Market, 1503 San Rafael St., San Antonio, TX 78214, 2 beds, 1 bath, 912 sqft, lot size: .19 acres, estimated repairs: 50K, clean/lawn maintenance/interior paint/exterior paint, foundation, flooring, plumbing/electrical up to code, tile in bathroom floor, roof. Max After Repair Value: 149K
Price: $49,000 cash
Exit Strategy: Buy, rehab and rent this San Antonio investment property for $850 per month
With some attention and gentle care this can be your money-maker, under market value investment. This home is located within walking distance to the south part of the river walk, 117 Mebane St. 3 beds 1.5 baths, 812 sqft, lot size: .17 of an acre, repairs needed to owner finance 10k: stabilize foundation, plumbing/electric up to code, fresh paint kitchen/bath, patch up roof leak, repair sheetrock damage on ceiling, lawn maintenance.
Owner Finance with 10k
in repairs, then resale at $109,000.00 $1,100.00 monthly mortgage includes
PI/TI, 30 year amortization, can sell note after 1-2 years
Address: 4547 Guadalajara Dr. San Antonio, TX 78233
Description: Location Location! Fully renovated, turnkey San Antonio investment property! Prime time area. 3 beds 2 bath, 1154 sqft, lot size: .14 acres, school district: North East ISD, central heat and cold air, new roof gas stove, tile floor.
Price: 139K. Rents $1395 per month.
Notes: Property will be rented, and there is a three-year warranty for plumbing and electrical work.
Cash Flow King! With love and vision this unique corner lot home has a ton of potential. 2 homes on large lot, front home has 2 beds 2baths can be converted in a 3/2, back home has 2 beds 1 bath, 301 Kendalia Ave, San Antonio Texas 78214, lot size.27 acres, MAX ARV 169K, Price: 80K, estimated rehab to transfer to rental 30-40K.
Max ARV: $169k
Asking Price: $80,000
Exit strategy: Recommended exit strategy with 30-40K rehab, rent both homes front house 1k, back house $900.
Booming south side market, 318 Elks Dr. San Antonio Texas 78211, lot size: .12 acres, 3 beds 1 bath, estimated rehab 7K, paint interior/exterior, plumbing/electrical up to code, Max ARV: 85K, Asking Price: 49K, sold comps are excellent in this neighborhood.
Max ARV: $85,000
Asking Price: $49,000
Exit strategy: owner finance, 5k down payment, 85K sales price, $850 monthly PI/TI, 30 year amortization, 10% interest or rent $850 monthly.
Location Location, area going under major revitalization including parks, roads, and sidewalks, short drive to river walk, perfect investment property, newer home built in 2009, 626 Barberry St, 3 beds 2 bath, 904 sqft, large lot: .15 acres, estimated rehab 27.5K: foundation, flooring, paint, electrical/plumbing up to code.
Max ARV: $99,000
Asking Price: $54,000
Exit strategy: Owner finance, $5,000 down payment, $99,000 sales price, $950 monthly PI/TI, 30 year amortization, 10% interest or rent $950 monthly.
Potential more than 40K in profit on this investment. 1614 Alametos, San Antonio, Texas 78201. Excellent location, just north of downtown with a short distance to the river walk and the new San Pedro creek river walk extension (multi-billion dollar inner city revitalization project). Properties in this location are expected to appreciate by more than 50% in value over the next two to three years.
1614 Alametos has a large back yard with shady trees. Currently, the property is set-up as 2 bedrooms and 1 bathroom with a large patio in the back of the house. To get the maximum value out of this property and location, another bedroom and bathroom should be added. Estimated repairs: $65K with purchase price: $65K. Max After Repair Value: $199K
Note: 1622 Alametos just down the street was sold to an investor in 2015 for $65,000. With $15,000 of rehab, the property was sold for $99,000 with owner financing for a 13% ROI. Home was sold within one week.
Exit Strategy: Buy, Rehab and Hold this San Antonio investment property.