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PROPERTY INFO
FACTS
- Single Family
- Built In 2011
- Price/Sqft : $132.21
- 4 Days on Market
- MLS # : 1510823
- Updated Date : 02/25/2021 at 20:13
CONSTRUCTION
- Beds : 3
- Floor Size : 2,912 sqft
- Baths : 2 full
Listing Agent
Fraire Realty Group, Inc.
Listing Agent's Description
Fall in love with this beautiful 3 bedroom 2 bath home + GAME/MEDIA ROOM located in Helotes! This charming home features wood floors, high ceilings, an office with french doors, and a spacious kitchen/living room, plus a fireplace! The kitchen includes an oversized granite countertop, a butler's pantry, mocha cabinets with hardware, built-in stainless steel appliances, pendant lighting, and gas cooking! The master bedroom has a high ceiling with a view of the backyard. The master bath includes a standup shower, separate vanities, a garden tub, plus a large walk-in closet. The over-sized GAME/MEDIA room is an entertainment bonus! The backyard features a large covered patio great for BBQs! Full sprinkler system! The home is conveniently located near shopping, restaurants, and HWY 1604! Come and schedule a tour 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: 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 | $2,530 |
| EXPENSES | Loan Payment | -$1,337 |
| Property Tax | -$793 | |
| Property Insurance | -$195 | |
| HOA | -$24 | |
| 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.
$385,000
PROJECTED PRICE
$2,530
PROJECTED RENT
0.66%
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
$107,775
LOAN DETAILS
$1,337
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $96,250 |
| Loan Amount | $288,750 |
4.08
YEARS SAVED
$14,056
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,530
LIST RENT -
$0.87
LIST RENT PER SQFT
-
$2,628
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
11507 Massive Mt Helotes, TX 4
- 3 beds 2 baths ∙ 2,912 Sqft ∙ Built 2011 3 beds 2 baths ∙ 2,912 Sqft ∙ Built 2011
- Rent
- Rent Per SQFT
- $2,530
- $0.87
-
10514 Newcroft Pl Helotes, TX 1
- 4 beds 3 baths ∙ 2,620 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,620 Sqft ∙ Built 2015
LEASED 01/07/20- Rent
- Rent Per SQFT
- $2,395
- $0.91
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17918 Bierstadt Mt Helotes, TX 2
- 4 beds 3 baths ∙ 2,634 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,634 Sqft ∙ Built 2013
LEASED 08/06/20- Rent
- Rent Per SQFT
- $2,400
- $0.91
-
16515 Asturias Helotes, TX 3
- 3 beds 3 baths ∙ 2,777 Sqft ∙ Built 2018 3 beds 3 baths ∙ 2,777 Sqft ∙ Built 2018
LEASED 10/23/20- Rent
- Rent Per SQFT
- $2,450
- $0.88
-
17816 Oxford Mt Helotes, TX 5
- 4 beds 4 baths ∙ 3,062 Sqft ∙ Built 2013 4 beds 4 baths ∙ 3,062 Sqft ∙ Built 2013
LEASED 04/23/20- Rent
- Rent Per SQFT
- $2,795
- $0.91
PROPERTY LISTING DETAILS
1.210.315.7955
Fraire Realty Group, Inc.
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1510823
Last Updated: 02/25/2021
