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PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $114.78
- 3 Days on Market
- MLS # : 1512690
- Updated Date : 03/06/2021 at 04:14
CONSTRUCTION
- Beds : 3
- Floor Size : 2,090 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Heritage
Listing Agent's Description
Welcome to this inviting open floor-plan home. Looking for Savings...SOLAR PANELS INCLUDED! Enjoy low energy bills and MUCH more! This community is full of amenities for everyone to enjoy, such as family friendly pool, park/playground, basketball court, picnic pavilion. Security system w/cameras, motion sensors, water softener, Nest thermostat, garage door opener all convey. Main level includes flex room & kitchen/dining/living. You'll enjoy cooking/entertaining in the kitchen with a great island, stainless steel appliances & granite countertops. Upstairs features beautiful master suite w/2 secondary bedrooms, versatile HUGE game room and a full bath. Home includes remainder of PULTE 10 year warranty. Schedule your showing TODAY!
SEE MORE
- 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
* 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 | $1,570 |
EXPENSES | Loan Payment | -$833 |
Property Tax | -$536 | |
Property Insurance | -$148 | |
HOA | -$36 | |
Property Management Fees | -$99 | |
CASH FLOW
-$82
|
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.
$239,900
PROJECTED PRICE
$1,570
PROJECTED RENT
0.65%
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
$69,324
LOAN DETAILS
$833
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $59,975 |
Loan Amount | $179,925 |
1.42
YEARS SAVED
$1,996
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,570
LIST RENT -
$0.75
LIST RENT PER SQFT
-
$1,641
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.210.387.2584
Keller Williams Heritage
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1512690
Last Updated: 03/06/2021