San Antonio TX Buy and Hold Deal!

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San Antonio TX Buy and Hold Deal!

Investor · San Antonio, TX · Member since 2013 · 27 posts · 3 votes

San Antonio TX Buy & Hold Deal

984 sq ft

Built 1958

Single Family Home

3 Bedroom 1 Bath

Rented for $750 in the past

Estimated Rent after repair = $850/mo

Taxes $1,071.09/yr = $89.25/mo

Estimated Insurance = $60/mo

Estimated Cost of repairs = $10,000

Investor/Assigned Price = $45,000

ARV = $75,000 (Based on Comparable Solds in the Neighborhood within the past 12 months)

Rent $850 - Monthly Taxes $89.25 - Landlord Insurance $60 = $700.25

Annualized Rent $8,409 / All in Investment $55,000 = 15.28% Return on Investment 

It would have to be a cash deal. Closing is on July 31, 2015. Call or text to schedule a showing.

-Max Garcia Jr

210-413-2929

[email protected]

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