222 Sandmeyer St

San Antonio, TX 78208
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4 bd, 1 ba | 1,618 sqft | Built in 1910

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List Price
$129,000

Initial Investment

$35,153

Purchase Price

$129,000

Down Payment

25%

Rent

$1,960

Total Return

$80,068

Annualized Return

32.1%

Cap Rate

10.6%

Gross Yield

18.2%

Cash Flow

$5,557

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,380

HOA

None

Flood Risk

Not Required

Investor Special! Sold as-is. This 4-bedroom, 1-bath home in the sought after subdivision of Government Hill is full of potential and ready for your renovation ideas. Located near major highways, downtown, the Pearl, Fort Sam Houston, shopping, and schools, this property is a fantastic opportunity for those ready to bring their vision to life. While the home needs significant work and vision, it's perfect to add to an investor's portfolio. This is a great chance to invest in a growing area and make it your own!

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

Annual Financial Highlights

Expected Rent

$22,344

Expenses

-$6,264

Property Taxes

-$3,510

Loan Payments

-$7,013

Net Cash Flow

$5,557

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:Rebecca Ramirez
LPT Realty LLC
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1826312
Last Updated: 12/01/2024 01:12
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.