3 Beds 2 Baths in San Antonio, TX

Turnkey 9% Entry Fee Opportunity in San Antonio, TX

Explore this prime off-market Subto deal in San Antonio, TX, perfect for Airbnb investors. This 3-bedroom, 3-bathroom home spans 1,352 square feet and offers a fantastic opportunity with a purchase price of $254,000 and a remaining mortgage balance of $236,000. Notably, there is no balloon payment, ensuring long-term stability.

The entry fee is attractively set at $23,000 (or best offer) plus closing costs. The monthly PITI is $2,075, with no HOA fees and no rental restrictions, providing flexibility for rental strategies. Rent estimates suggest strong potential returns, with short-term rental (STR) projections at $3,133 per month (according to AirDNA) and mid-term rental (MTR) projections at $2,600+ per month.

The earnest money deposit is an incredibly low $100, and the closing date is set for May 31, 2024, with Champion Title Company handling the transaction. This property presents a lucrative investment opportunity with multiple rental options in a vibrant market.

Details

Property ID
SPSP-18174

Bedrooms
3

Bathrooms
2

Property Size
1352

Entry Cost ($)
23000

APR (%)
6.125

PITI ($)
2075

Balance ($)
236000