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Updated almost 9 years ago on . Most recent reply

User Stats

80
Posts
7
Votes
Karen Morgan
  • Wholesaler
  • Leander, TX
7
Votes |
80
Posts

WHOLESALE: 13% cash-on-cash (CoC) for $50k in San Antonio, TX

Karen Morgan
  • Wholesaler
  • Leander, TX
Posted

This home is currently under contract for wholesale.  Great buy & hold opportunity in Texas.

Estimated repairs (none are crucial) = $4-6k. Total all-in for approx $56k gets you 13% CoC.

Last renter was 2 months ago.  Owner is tired of being landlord.

Built in 1973.

Rental info seems to show window of $845/mo to $915/mo.  If you can keep getting $900/mo now, you may not want to bother with repairs.

Offering

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