Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2009
- Price/Sqft : $122.03
- 3 Days on Market
- MLS # : 1504210
- Updated Date : 01/15/2021 at 19:13
CONSTRUCTION
- Beds : 4
- Floor Size : 1,884 sqft
- Baths : 2 full , 1 half
Listing Agent
Offerpad
Listing Agent's Description
Don't miss this spacious two story home in popular Sundance Square! This home has been refreshed with new interior and exterior paint and new carpet in the bedrooms. The kitchen features ample cabinet and counter space and a walk in pantry. Half bathroom on the main floor for guests' convenience. All bedrooms and full bathrooms as well as a small loft located on the second floor. The primary bedroom has a full ensuite bathroom and a large walk in closet. Lots of storage and many walk in closets. Spacious fenced backyard. Vacant and ready for viewing, come see!
SEE MORE
- 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)
- The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: West San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: West San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,550 |
| EXPENSES | Loan Payment | -$799 |
| Property Tax | -$513 | |
| Property Insurance | -$136 | |
| HOA | -$33 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$30
|
||
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.
$229,900
PROJECTED PRICE
$1,550
PROJECTED RENT
0.67%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$66,674
LOAN DETAILS
$799
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $57,475 |
| Loan Amount | $172,425 |
2.33
YEARS SAVED
$3,555
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,550
LIST RENT -
$0.82
LIST RENT PER SQFT
-
$1,583
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
1027 Sundance Fall San Antonio, TX 4
- 4 beds 3 baths ∙ 1,884 Sqft ∙ Built 2009 4 beds 3 baths ∙ 1,884 Sqft ∙ Built 2009
- Rent
- Rent Per SQFT
- $1,550
- $0.82
-
1015 Sundance Hunt San Antonio, TX 1
- 3 beds 3 baths ∙ 1,773 Sqft ∙ Built 2010 3 beds 3 baths ∙ 1,773 Sqft ∙ Built 2010
LEASED 12/24/19- Rent
- Rent Per SQFT
- $1,495
- $0.84
-
1023 Sundance Hunt San Antonio, TX 2
- 3 beds 3 baths ∙ 1,937 Sqft ∙ Built 2010 3 beds 3 baths ∙ 1,937 Sqft ∙ Built 2010
LEASED 10/28/20- Rent
- Rent Per SQFT
- $1,495
- $0.77
-
13018 Bunkhouse San Antonio, TX 3
- 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2018
LEASED 01/04/21- Rent
- Rent Per SQFT
- $1,550
- $0.89
-
114 Palazzo Torre San Antonio, TX 5
- 4 beds 3 baths ∙ 2,044 Sqft ∙ Built 2011 4 beds 3 baths ∙ 2,044 Sqft ∙ Built 2011
LEASED 01/13/21- Rent
- Rent Per SQFT
- $1,750
- $0.86
PROPERTY LISTING DETAILS
1.210.405.1783
Offerpad
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1504210
Last Updated: 01/15/2021
