8206 Grimchester

Converse, TX 78109
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3 bd, 2 ba | 1,913 sqft | Built in 1993

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List Price
$207,990

Initial Investment

$56,677

Purchase Price

$207,990

Down Payment

25%

Rent

$1,700

Total Return

$76,303

Annualized Return

18.2%

Cap Rate

5.2%

Gross Yield

9.8%

Cash Flow

-$1,184

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,050

HOA

None

Flood Risk

Not Required

Charming and Cozy 3 bedroom 2 bathroom home with a large Master bedroom and walk-in closet, a spacious backyard and lovely patio deck. This is a great location in the heart in Converse, TX. It has 2 nearby parks (Northampton Park and Converse City Park), convenient access to 410, I-10 and I-35 and the San Antonio Riverwalk only 20 minutes away for you to enjoy outdoor activities. Schedule a viewing TODAY!

See more in Analysis
Kevin Guerin
Guerin Property Services
TX Agent License #610683

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$3,606

Property Taxes

-$5,650

Loan Payments

-$11,307

Net Cash Flow

-$1,184

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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