1622 Gorman
San Antonio, TX 78202
List Price
$199,000
Initial Investment
$54,228Purchase Price
$199,000
Down Payment
25%
Rent
$1,420
Total Return
$62,540
Annualized Return
15.6%
Cap Rate
4.3%
Gross Yield
8.6%
Cash Flow
-$2,912
Appreciation
6.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,700
HOA
None
Flood Risk
Not Required
Welcome to your dream home in the charming area of San Antonio, TX! This upgraded 3-bedroom, 2-bathroom residence offers a perfect blend of modern comfort and classic charm. Here's what this fantastic property has to offer: Enjoy ample living space with three generously sized bedrooms and two tastefully appointed bathrooms. The layout is designed for both functionality and comfort, making it an ideal space for families or those who love to entertain. The backyard offers a perfect retreat for relaxation.
See more in Analysis
Kevin Guerin
Guerin Property Services
TX Agent License #610683
Annual Financial Highlights
Expected Rent
$16,188Expenses
-$2,881Property Taxes
-$5,400Loan Payments
-$10,819Net Cash Flow
-$2,912See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Similar Listings
Listing Courtesy of:Thania Perez
LPT Realty, LLC
LPT Realty, LLC
Certified Agent Brokerage:Kevin Guerin
Guerin Property Services
TX Brokerage License 9000203
Guerin Property Services
TX Brokerage License 9000203
SourceMLS #1817796
Last Updated: 10/22/2024 05:10
Last Updated: 10/22/2024 05:10