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San Antonio Single Family Rental EQUITY DEAL $298k

11331 Agapanthe, San Antonio
ROI
15.08% IRR
Strategy
Long Term Rental
2021 build in Northside ISD (school rated 5/5/5). This property is selling $50k+ below comps and is an excellent opportunity to walk into a strong equity position, in a good area, and a turnkey asset. This is a deal I would buy and hold for the next 2-3 years. Take advantage of the tax benefits and appreciation. Then sell once interest rates fall and single family buying pressure returns. Lease comps support $2250-$2300 per month. Note- this is an approved short sale price and non-negotiable. HOA is $41. Taxes $7495.

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San Antonio Single Family Rental EQUITY DEAL $298k

Listed 10/25/2024

11331 Agapanthe, San Antonio

Purchase Price:$298,000

Cash Outlay:$80,460

Cashflow:$390/mo

Cap Rate:4.26%

IRR:15.08%

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