7018 Purple Rdg

San Antonio, TX 78233
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3 bd, 3 ba | 1,698 sqft | Built in 1999

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List Price
$249,900

Initial Investment

$68,098

Purchase Price

$249,900

Down Payment

25%

Rent

$1,970

Total Return

$101,417

Annualized Return

19.4%

Cap Rate

5.0%

Gross Yield

9.5%

Cash Flow

-$1,979

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,705

HOA

None

Flood Risk

Not Required

Welcome to this charming home that effortlessly blends comfort and convenience. As you approach, the brick front elevation exudes timeless appeal, complemented by the shade of mature trees that add character and tranquility to the surroundings. Step inside to discover a welcoming living/dining combo adorned with laminate wood flooring, creating a seamless flow throughout the home. The heart of this residence lies in its island kitchen. Equipped with a smooth top range, and giving access to the spacious backyard that provides ample opportunity for outdoor enjoyment and entertaining. Conveniently located off the kitchen are a half bath and a laundry room, making household chores a breeze. Heading upstairs, you'll find the primary bedroom, complete with a ceiling fan for added comfort. The full bath boasts a linen closet, an elongated single vanity, and a tub/shower combo. Two additional bedrooms and another full bathroom ensure plenty of space for guests. Completing the picture is a two-car garage with an opener for added convenience, as well as vinyl siding. The Seller is offering 2% in buyers' closing costs.

See more in Analysis
Collin Corrington
White Line Realty
TX Agent License #706046

Annual Financial Highlights

Expected Rent

$22,458

Expenses

-$4,101

Property Taxes

-$6,750

Loan Payments

-$13,586

Net Cash Flow

-$1,979

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Melissa Stagers
Agent License 0435856
M Stager Realty Parnters
Certified Agent Brokerage:Collin Corrington
White Line Realty
TX Brokerage License 9007429
SourceMLS #1761758
Last Updated: 03/26/2024 22:03
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