Out of state investment property investors, this San Antonio investment property offers 15% ROI with no repairs after you do the rehab.
- Address: 905 Green St, Poth, TX 78147
- Year Built: 1956
- Description: Excellent cash flow opportunity San Antonio investment property, booming San Antonio Suburb Market, extra clean community, very popular location southeast of San Antonio, 3 beds, 1 bath, 1274 sqft, large lot: .17 acres, estimated repairs: 20K, paint in/out, new HVAC, update plumbing/electrical up to code, flooring.
- Max After Repair Value: $89,000.
- Cash Price: $39,000 firm.
- Exit Strategy: Owner Finance with 20K repairs: 5-10k down, $900.00 monthly P/I, 30 year amortization, 10% interest, Price: 89K; or resell to cash investor after rehab.
- Additional Costs: $1500 commission to me on wholesale, $2000 in closing costs, $1500 commission to me on resale, $2000 in closing costs on resale (taken out of $5000 down payment from buyer).
- Profit Year 1 on Buy Hold : 13.6% ROI
- Profit Subsequent Years on Buy Hold: 15.1% ROI
- Profit on Cash Resale: $20,000 to $24,000
- Contact us for more information or to make offer.
- Sold and Rental Comps: sold comps 905 Green St rental comps 905 Green St
- Why You Should Believe My Numbers
Investors, you will never see a San Francisco investment property, Los Angeles or a Seattle investment property at this price point and rate of return!