Northeast San Antonio Value-Add STR Play

5830 Spring Crown, San Antonio

ROI

21.71% IRR

Strategy

Short Term Rental

Northeast San Antonio value-add STR play. Close to airport, medical center, Randolph AFB. 4 bed single story pool home with dated builder-grade finishes. No HOA. 2,307 sq ft 4 bed, 2 bath single story built in 1994. Open layout with tons of potential. Builder grade finishes. Needs at minimum floors and paint to be rent-ready, for short-term rental it could use upgraded finishes and fixtures. Wood deck and above ground pool out back.

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Northeast San Antonio Value-Add STR Play

Listed 11/10/2023

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5830 Spring Crown, San Antonio

Purchase Price:$325,000

Cash Outlay:$112,750

Cashflow:$939/mo

Cap Rate:9.18%

IRR:21.71%

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