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Occupied SFH + ADU with Value-Add Potential and Solid Cashflow Near Texas A&M

916 Bernard Dr, San Antonio
ROI
20.45% IRR
Strategy
Long Term Rental
Occupied SFH + ADU with value-add potential and solid cashflow near Texas A&M. 3 bed main house plus 4 bed second house on a nearly half acre lot. 964 sq ft 3 bed, 1 bath main house built in 1930. Plus 2,074 sq ft 4 bed, 2 bath second home built in 2006. Both currently occupied, with cosmetic value-add potential to reach top of market rents. Floors, paint, cabinets, counters, trimwork.

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Occupied SFH + ADU with Value-Add Potential and Solid Cashflow Near Texas A&M

Listed 04/25/2023

916 Bernard Dr, San Antonio

Purchase Price:$248,000

Cash Outlay:$86,960

Cashflow:$372/mo

Cap Rate:7.08%

IRR:20.45%

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