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PROPERTY INFO
FACTS
- Single Family
- Built In 2009
- Price/Sqft : $117.91
- 7 Days on Market
- MLS # : 1499701
- Updated Date : 12/20/2020 at 01:06
CONSTRUCTION
- Beds : 3
- Floor Size : 1,569 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Legacy
Listing Agent's Description
OMG...This is the one!! This perfect starter home stands out in the crowd. This three bedroom 2 1/2 bath beauty has all the bedrooms upstairs, including the laundry room, so there is no carrying laundry up and downstairs. It also has a beautiful size backyard with a Deck, and Privacy Fencing. The Neighborhood also includes a Park that's minutes from the home; perfect for dog walking, exercising, or getting those Kids away from the XBOX. This home is close to Lackland AFB, Sea World, Hwy 90, 1604, so you'll be able to get anywhere in the city in no time. This home is a must-see. Call your agent and schedule a showing before its too late!!
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: Southwest San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Southwest San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,260 |
| EXPENSES | Loan Payment | -$683 |
| Property Tax | -$413 | |
| Property Insurance | -$118 | |
| HOA | -$22 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$74
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.
$185,000
PROJECTED PRICE
$1,260
PROJECTED RENT
0.68%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 2.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.54% |
| 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
$54,775
LOAN DETAILS
$683
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $46,250 |
| Loan Amount | $138,750 |
1.33
YEARS SAVED
$1,591
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,260
LIST RENT -
$0.8
LIST RENT PER SQFT
-
$1,259
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
-
11267 Magic Cyn San Antonio, TX 2
- 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2009 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2009
![property image]()
- Rent
- Rent Per SQFT
- $1,260
- $0.80
-
11247 Country Canyon San Antonio, TX 1
- 3 beds 3 baths ∙ 1,553 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,553 Sqft ∙ Built 2007
![property image]()
LEASED 01/14/20- Rent
- Rent Per SQFT
- $1,199
- $0.77
-
5722 Wildcat Cyn San Antonio, TX 3
- 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2008
![property image]()
LEASED 02/07/20- Rent
- Rent Per SQFT
- $1,275
- $0.81
-
5714 Wildcat Cyn San Antonio, TX 4
- 3 beds 3 baths ∙ 1,553 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,553 Sqft ∙ Built 2008
![property image]()
LEASED 03/09/20- Rent
- Rent Per SQFT
- $1,300
- $0.84
-
11258 Pecan Cyn San Antonio, TX 5
- 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,717 Sqft ∙ Built 2009
![property image]()
LEASED 05/18/20- Rent
- Rent Per SQFT
- $1,349
- $0.79
PROPERTY LISTING DETAILS
1.210.386.1525
Keller Williams Legacy
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1499701
Last Updated: 12/20/2020
