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PROPERTY INFO
FACTS
- Single Family
- Built In 2013
- Price/Sqft : $115.01
- 3 Days on Market
- MLS # : 1499364
- Updated Date : 12/11/2020 at 23:32
CONSTRUCTION
- Beds : 3
- Floor Size : 1,739 sqft
- Baths : 2 full
Listing Agent
Coldwell Banker D'ann Harper
Listing Agent's Description
Adorable single story home with expansive country views and yet only minutes to HWY 1604 or HWY 90 for an easy commute. The kitchen is open to the living and dining areas for easy entertaining. The split floorplan allows for privacy with the master separate from the secondary bedrooms. Relax on the covered back patio and do some stargazing without the bright city lights. Welcome home!
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 | $1,460 |
| EXPENSES | Loan Payment | -$738 |
| Property Tax | -$446 | |
| Property Insurance | -$127 | |
| HOA | -$28 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$22
|
||
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.
$199,999
PROJECTED PRICE
$1,460
PROJECTED RENT
0.73%
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
$58,750
LOAN DETAILS
$738
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $50,000 |
| Loan Amount | $149,999 |
3.42
YEARS SAVED
$6,747
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.84
LIST RENT PER SQFT
-
$1,465
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
11211 Palomino Bluff San Antonio, TX 3
- 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2013
- Rent
- Rent Per SQFT
- $1,460
- $0.84
-
11031 Palomino Bluff San Antonio, TX 1
- 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2011
LEASED 06/24/20- Rent
- Rent Per SQFT
- $1,400
- $0.81
-
11107 Snake Canyon San Antonio, TX 2
- 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 2006
LEASED 04/15/20- Rent
- Rent Per SQFT
- $1,445
- $0.85
-
3823 Fiesta Trail San Antonio, TX 4
- 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2009
LEASED 06/19/20- Rent
- Rent Per SQFT
- $1,485
- $0.85
-
10919 Livewater Trail San Antonio, TX 5
- 3 beds 3 baths ∙ 1,812 Sqft ∙ Built 2011 3 beds 3 baths ∙ 1,812 Sqft ∙ Built 2011
LEASED 07/27/20- Rent
- Rent Per SQFT
- $1,550
- $0.86
PROPERTY LISTING DETAILS
1.210.857.6151
Coldwell Banker D'ann Harper
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1499364
Last Updated: 12/11/2020
