1647 Steves Ave

San Antonio, TX 78210
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3 bd, 2 ba | 1,338 sqft | Built in 1932

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List Price
$130,000

Initial Investment

$35,425

Purchase Price

$130,000

Down Payment

25%

Rent

$1,540

Total Return

$45,626

Annualized Return

18.8%

Cap Rate

6.9%

Gross Yield

14.2%

Cash Flow

$1,042

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,500

HOA

None

Flood Risk

Not Required

Perfect investment opportunity. Home is being sold "as is." 1 story home with an open floor plan designed for entertaining. This home offers generous space to move about, without losing that quaint, cozy atmosphere. Recent upgrades include new double paned windows throughout, new ducting in attic, new insulation, and new privacy side fence. Outside you will notice a large private backyard where you can enjoy the beautiful bluebonnets that bloom every Spring. A storage shed to store your lawn and garden tools is also included.

See more in Analysis
Collin Corrington
White Line Realty
TX Agent License #706046

Annual Financial Highlights

Expected Rent

$17,556

Expenses

-$4,216

Property Taxes

-$5,230

Loan Payments

-$7,067

Net Cash Flow

$1,042

See 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.

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Listing Courtesy of:Erin Fowler
RE/MAX GO - NB
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1826907
Last Updated: 12/04/2024 18:12
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