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PROPERTY INFO
FACTS
- Single Family
- Built In 2011
- Price/Sqft : $140.35
- 3 Days on Market
- MLS # : 1498117
- Updated Date : 12/04/2020 at 20:06
CONSTRUCTION
- Beds : 3
- Floor Size : 1,140 sqft
- Baths : 2 full
Listing Agent
Phillips & Associates Realty
Listing Agent's Description
If you are looking for a perfect Christmas present for the whole family, here it is! This exquisite 3 bedroom 2 bath beauty is just waiting for you. 10' ceilings, easy to clean tiling all the way through the house, bonus shed which could function as workout room or more living space, covered patio in the back invites for cookouts and much more has this amazing house to offer! Hidden in the quiet neighborhood Brookside with quick access to the HWY and close to downtown. Come see this beauty today!
SEE MORE
- 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)
- 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).
PRICE & RENT TRENDS
Neighborhood: Brookside
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Brookside
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,170 |
| EXPENSES | Loan Payment | -$590 |
| Property Tax | -$357 | |
| Property Insurance | -$93 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$31
|
||
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.
$159,999
PROJECTED PRICE
$1,170
PROJECTED RENT
0.73%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 5.3% |
| 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
$48,150
LOAN DETAILS
$590
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $40,000 |
| Loan Amount | $119,999 |
3.58
YEARS SAVED
$6,002
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,170
LIST RENT -
$1.03
LIST RENT PER SQFT
-
$1,260
COMP ESTIMATED VALUE -
$1.11
COMP AVG. RENT PER SQFT
Comps Range
-
113 Sligo St San Antonio, TX 1
- 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,140 Sqft ∙ Built 2011
![property image]()
- Rent
- Rent Per SQFT
- $1,170
- $1.03
-
3115 Pedernales Dr San Antonio, TX 2
- 3 beds 2 baths ∙ 1,288 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,288 Sqft ∙ Built 2004
![property image]()
LEASED 06/04/20- Rent
- Rent Per SQFT
- $1,325
- $1.03
-
128 La Garde St San Antonio, TX 3
- 3 beds 2 baths ∙ 1,120 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,120 Sqft ∙ Built 2003
![property image]()
LEASED 09/29/20- Rent
- Rent Per SQFT
- $1,330
- $1.19
-
318 Juniper St San Antonio, TX 4
- 4 beds 2 baths ∙ 1,267 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,267 Sqft ∙ Built 1999
![property image]()
LEASED 07/24/20- Rent
- Rent Per SQFT
- $1,425
- $1.12
-
110 La Garde St San Antonio, TX 5
- 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 2003
![property image]()
LEASED 06/26/20- Rent
- Rent Per SQFT
- $1,450
- $1.08
PROPERTY LISTING DETAILS
1.210.776.3308
Phillips & Associates Realty
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1498117
Last Updated: 12/04/2020
