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WrightElementary School
TafollaMiddle School
EdisonHigh School
Description
CASH FLOW ! 4plex with an extra unit of a guest house for a total of 5 units! You can finance it as a 4plex and get a residential loan with better terms and own 5 units! With the guest house and some expansion we did into two other units - note that sf is roughly now 3,327 sf - 3,500 sf. need further evaluation. I pay the water bill for all tenants which is about $200-$250 a month. Potential to upgrade and renovate the units and get higher rents ($900 on a one br and more rent on the other units as well) 1)805 w Russel num 1 upstairs ( Kristian) 2br one bath $900.00 month to month Tenant pays for electric (The second bedroom is small ). Tenant can stay but I plan to keep him on month to month in case the new buyer will want to move in. 2)805 w Russel num 2 upstairs (Amber) 1br 1ba $695.00 expires May 30 2023 tenant pays for electric 3)803 w Russel (Edward and Zhea) 2br 1ba $950.00 month to month Tenant pays for electric. I plan to extend the lease for another year, ill try to get 975$ or more 4)805 w Russel (left unit- bottom floor) (Felicia ) 1br 1ba $825.00 month to month Tenant pays for electric I plan to extend the lease for another year, ill try to get 950$ or more 5)805-3 w Russel -guest house at the back 3br 1ba $1,171.76 expires 5.30.23 I pay $26.76 for trash and I pay for the electric until the tenants will be able to get their own electric ( there is a delay with the electric supplier) TOTAL monthly: $4,541.76 TOTAL ANNUALLY: $54,501.12 Expenses ANNUALLY MONTHLY Insurance $1,145.00 monthly: $95.42 Property tax $9,286.14 monthly : $773.85 Repairs estimate:$4,200.00 monthly : $350.00 Water roughly $3,000 annually monthly $250 TOTAL EXPENSES:$17,631 monhtly expenses ~ $1,469.26
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Listing Agent: Idan Zur Courtesy of: Fortune Realty LLC Listing information provided courtesy of the San Antonio Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 7th August, 2022 10:15 PM (UTC)