513 Wright Ave

Schertz, TX 78154
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3 bd, 2 ba | 892 sqft | Built in 1955

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List Price
$110,000

Initial Investment

$29,975

Purchase Price

$110,000

Down Payment

25%

Rent

$1,110

Total Return

$43,671

Annualized Return

21.4%

Cap Rate

7.6%

Gross Yield

12.1%

Cash Flow

$1,801

Appreciation

5.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,276

HOA

None

Flood Risk

High Risk - Zone AE

please view this home at your convenience, We recommend hiring a home inspector for a comprehensive evaluation as we may not be aware of all potential issues.

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

Annual Financial Highlights

Expected Rent

$12,654

Expenses

-$2,772

Property Taxes

-$2,100

Loan Payments

-$5,980

Net Cash Flow

$1,801

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:Christopher Hylton
Just Focus Real Estate
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1824972
Last Updated: 11/22/2024 03:11
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.