🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

4 Bed Fixer in NE San Antonio Near I-35 and Methodist Hospital

14611 Ridge Meadow Dr, San Antonio
ROI
19.48% IRR
Strategy
Long Term Rental
4 bed fixer in NE San Antonio near I-35 and Methodist Hospital. True 1% Rule rental including rehab costs, strong cashflow and 270-290k ARV. Potential BRRR or flip. 4 bed, 2 bath 1,759 sq ft built in 1975 with a 2 car garage on a slab foundation. Priced $120- 150k below ARV, in need of full rehab. Roof is 15 yrs old, termites treated but repair work still needed, potential foundation issues, full cosmetics.

Enter your email to download the proforma

< Back to Daily Deals

4 Bed Fixer in NE San Antonio Near I-35 and Methodist Hospital

Listed 08/04/2023

14611 Ridge Meadow Dr, San Antonio

Purchase Price:$150,000

Cash Outlay:$90,500

Cashflow:$307/mo

Cap Rate:6.24%

IRR:19.48%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Killeen Fully Occupied Quadplex $325k

1108 Eastside Dr, Killeen

Purchase Price:$325,000

Cash Outlay:$87,750

Cashflow:$587/mo

Cap Rate:8.06%

IRR:21.14%

Long Term Rental

Houston Occupied Duplex $335k

4340 Phlox St, Houston

Purchase Price:$335,000

Cash Outlay:$90,450

Cashflow:$731/mo

Cap Rate:8.46%

IRR:23.54%

Long Term Rental

Dallas Turnkey Duplex $415k

312 California Dr, Glenn Heights

Purchase Price:$415,000

Cash Outlay:$112,050

Cashflow:$274/mo

Cap Rate:6.63%

IRR:14.68%

Long Term Rental

Fort Worth Quadplex $500k

3204 McLean St, Fort Worth

Purchase Price:$500,000

Cash Outlay:$135,000

Cashflow:$667/mo

Cap Rate:7.44%

IRR:18.59%

Long Term Rental

Fort Worth 1% Rule Duplex $320k

8521 Gatlinburg Dr, Fort Worth

Purchase Price:$320,000

Cash Outlay:$86,400

Cashflow:$566/mo

Cap Rate:7.96%

IRR:21.12%

Long Term Rental

Fort Worth 1% Rule Duplex $325k

3411 Stonewall Ln, Fort Worth

Purchase Price:$325,000

Cash Outlay:$87,750

Cashflow:$491/mo

Cap Rate:7.65%

IRR:19.63%