Investor commentary
San Antonio is a core cash-flow Texas market. Stretch leverage carefully — taxes and insurance erode margin if rents soften.
How to interpret San Antonio's rental yield
A 7.4% rental yield in San Antonio compares favorably to coastal gateway markets (typically 4–5%) and signals meaningful month-one cash flow potential. Always underwrite with the property's actual taxes and insurance — both can swing materially in this state.
Recommended underwriting adjustments
- Reset property taxes to your purchase price, not the seller's basis.
- Add 8% vacancy as baseline; stress to 11% in worst case.
- Budget 8–10% management plus 8% maintenance + capex reserves.
- Verify insurance quotes from at least two carriers before closing.