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10306 Floore Hollow San Antonio, TX 78254

3 Beds 2 Baths 1,347 sqft Built 2012

$225,000

List Price

$1,350

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $167.04
  • 4 Days on Market
  • MLS # : 1515176
  • Updated Date : 03/19/2021 at 19:02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,347 sqft
  • Baths : 2 full
Listing Agent

Orchard Brokerage

Listing Agent's Description

Charming turn key home awaits! Bright and cheerful living spaces make this cozy home ideal for any buyer. Entire home was recently painted and new carpet installed. The sunlit living room opens onto a spacious kitchen through an arched doorway and passthrough window, giving this home a unique and inviting flair. The kitchen includes ample counter space, stainless steel appliances, wide open floor plan, and an attached dining space with views of the backyard. The primary bedroom, awash with natural light from plentiful windows, offers a walk in closet, and master bath complete with glass walled shower, garden tub, and large vanity. This home also offers a covered porch overlooking the yard, perfect for entertaining or relaxing after a long day.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (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
Field Elementary School Primary Unknown NA
Jefferson Middle School Middle Regular 1,451 79 7
Harlan High School High Unknown NA

Field Elementary School

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

Jefferson Middle School

  • Education Level: Middle
  • # of students: 1,451
  • # of teachers: 79
7
GreatSchools Rating

Harlan High School

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

$202,500$247,500$225,000

PURCHASE PRICE

$1,215$1,485$1,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,350
EXPENSES Loan Payment -$782
Property Tax -$502
Property Insurance -$105
Property Management Fees -$99
CASH FLOW
-$138

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.

$225,000

PROJECTED PRICE

$1,350

PROJECTED RENT

0.60%

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

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$65,375

INVESTMENT

$65,375

Down Payment
$56,250
Rehab Estimate
$5,750
Closing Costs
$3,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$782

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $56,250
Loan Amount $168,750
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$814

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,350

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $1,229

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,150
1$1,1502$1,2253$1,3504$1,3505$1,350
$1,350
RENT COMPS ANALYSIS
  • 10306 Floore Hollow San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,347 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,347 Sqft ∙ Built 2012
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $1.00
    •  
  • 10631 Shaencrest San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,249 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,249 Sqft ∙ Built 2003
    property image
    LEASED 07/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.92
    •  
  • 10718 Shaenview San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,302 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,302 Sqft ∙ Built 2004
    property image
    LEASED 02/20/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,225
    • $0.94
    •  
  • 10619 Shaenpath San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,478 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,478 Sqft ∙ Built 2004
    property image
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.91
    •  
  • 10706 Shaenview San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,541 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,541 Sqft ∙ Built 2004
    property image
    LEASED 01/08/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.88
    •  
PROPERTY LISTING DETAILS
Alice Conner
1.210.610.7937
Orchard Brokerage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1515176
Last Updated: 03/19/2021
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