1822 Monterey St

San Antonio, TX 78207
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3 bd, 2 ba | 1,818 sqft | Built in 1929

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List Price
$99,000

Initial Investment

$26,978

Purchase Price

$99,000

Down Payment

25%

Rent

$2,440

Total Return

$93,470

Annualized Return

50.7%

Cap Rate

17.2%

Gross Yield

29.6%

Cash Flow

$10,297

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,000

HOA

None

Flood Risk

Not Required

If you were ever told that the world is your oyster, well, this is your pearl! Imagine the possibilities with this FIRE Damaged home that sits on a large corner lot. This 3 bedrooms, 2 bath true fixer upper home offers a double sided fireplace with beautiful details. One look at the stairs will and want to restore this beauty with your personal touch. The home itself offers a great footprint for renovation and is a perfect opportunity for investors and contractors. Home is sold as is, where is. We request that all showings be done before 6:00 pm.

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

Annual Financial Highlights

Expected Rent

$27,816

Expenses

-$8,567

Property Taxes

-$3,570

Loan Payments

-$5,382

Net Cash Flow

$10,297

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:Maria Navarro
Agent License 0509706
eXp Realty LLC
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1806586
Last Updated: 09/06/2024 07:09
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