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10147 Castello Canyon San Antonio, TX 78254

3 Beds 3 Baths 1,619 sqft Built 2016

$232,000

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $143.30
  • 3 Days on Market
  • MLS # : 1496300
  • Updated Date : 11/21/2020 at 22:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,619 sqft
  • Baths : 2 full , 1 half
Listing Agent

All City Real Estate, Ltd. Co.

Listing Agent's Description

Check out Matterport virtual tour! Helotes community, lovely 3 bedroom 2.5 bath, 2 car garage home. Gorgeous open kitchen. All bedrooms upstairs. The laundry room located upstairs. Large backyard along with spacious covered patio. Solar panels are 3 years old and convey with home, CPS electric bill as low as $35 per month. Pride of home ownership, this 4 year old home is in immaculate condition, 6 years remaining of builder warranty. Large master bedroom and bath with separate garden tub and shower, vanity has double sinks. Highly rated Northside ISD schools. Great neighborhood, family oriented. USDA Eligible

SEE MORE

MARKET HIGHLIGHTS

  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
  • Five Fortune 500 companies are headquartered in San Antonio: Valero Energy; Tesoro; United Services Automobile Association (USAA); CST Brands; and iHeart Media (Formerly CC Media Holdings).
  • The metro employment growth is at 2.3 per cent and predicted to be at 2.2% in 2019 (USMayors.org, 2018)
  • San Antonio metro has 60.7 percent labor force participation rate (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k235k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Kallison Elementary School Primary Regular NA
Folks Middle School Middle Regular 700 45 NA
Harlan High School High Regular NA

Kallison Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Folks Middle School

  • Education Level: Middle
  • # of students: 700
  • # of teachers: 45
NA
GreatSchools Rating

Harlan High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$208,800$255,200$232,000

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,530
EXPENSES Loan Payment -$856
Property Tax -$518
Property Insurance -$121
HOA -$17
Property Management Fees -$99
CASH FLOW
-$80

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 17% of earned rent to cover both maintenance and periods of vacancy.

$232,000

PROJECTED PRICE

$1,530

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.9%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$67,230

INVESTMENT

$67,230

Down Payment
$58,000
Rehab Estimate
$5,750
Closing Costs
$3,480

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$856

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $58,000
Loan Amount $174,000
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$2,913

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,530

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,631

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,530
1$1,5302$1,5503$1,5504$1,5505$1,625
$1,625
RENT COMPS ANALYSIS
  • 10147 Castello Canyon San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,619 Sqft ∙ Built 2016 3 beds 3 baths ∙ 1,619 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.95
    •  
  • 12122 Dawes Pt San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,652 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,652 Sqft ∙ Built 2011
    property image
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.94
    •  
  • 11950 Horse Cyn San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 2018
    property image
    LEASED 05/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.03
    •  
  • 11729 Silver Sky San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 2017
    property image
    LEASED 09/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $1.03
    •  
  • 12139 Dawes Pt San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,580 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,580 Sqft ∙ Built 2011
    property image
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $1.03
    •  
PROPERTY LISTING DETAILS
Johnny Ramirez
1.210.884.5873
All City Real Estate, Ltd. Co.
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1496300
Last Updated: 11/21/2020
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