GREAT FLIP / Rental Opportunity | Elmendorf, TX |25 min from San Antonio, Texas

[Alfonso Aramburo Zepeda]

New Off-Market Property: ✌️🔥✌️🔥******Great Fix & Flip with cosmetic rehab needed*******

4807 Rock Ledge Elmendorf, TX 78112***25 min from San Antonio, TX

3 bedrooms, 2 baths, 2470 sqft. Built in 2008. Lot .53 Ac


SINGLE-FAMILY HOME
Total Purchase Price: $150k
Rehab: 35k
Assignment Fee: 20K
ARV: 280k-295K
Spread: $75K-$90K

Potential Monthly Market Rent: $1,650
Potential Mid Term Rental: $2300
Potential Rent by the Room: $2700

Potential Flip Profit: $35,000


Occupancy: Owner Occupied, seller will need 30 days after closing

Rehab Level Estimation: Flip = Medium | Rental = Light

EMD 5K

Access: By Appt

CLOSING: 06/22/23

See Attached: Plenty of photos, Videos of interior & exterior:

https://drive.google.com/drive/folders/1RKRVFiZv71McesJc9PxvpTdUFINcNkaD





ASKING: $150k OBO




All deals cash or hard money only. I am selling my assignable contract with the seller of the property. I am not a realtor. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $750 closing fee to Open to Close for transaction coordination.


Cash for Homes CA

951-512-0141

www.cashforhomesca.com

[Magdiel Lopez]

@Alfonso Aramburo Zepeda

Oh, I apologize man, I'm misread your post. I thought you were looking for a loan, and I appreciate you for kindly correcting me. Buying properties is not my business, but I appreciate it! You have a great day!