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PROPERTY INFO
FACTS
- Single Family
- Built In 1993
- Price/Sqft : $109.27
- 3 Days on Market
- MLS # : 1496037
- Updated Date : 11/20/2020 at 06:15
CONSTRUCTION
- Beds : 5
- Floor Size : 2,654 sqft
- Baths : 2 full , 1 half
Listing Agent
Exp Realty Llc
Listing Agent's Description
GORGEOUS TREE COVERED LOT IN DESIRABLE SUNRISE CANYON! Welcome home to a 5 bedroom,2.5 bath home with hardwood floors, kitchen features granite countertops, gas cooking, stainless steel appliances. Plantation shutters throughout and large walk-in closets. Newly renovated upstairs bathroom.Trees recently trimmed & professional landscaping make this home this home the most beautiful on the block! A/C units replaced 4 years ago and Roof is 5 years old. Conveniently located to military installations,schools and shopping. You'll love the lifestyle of this home!
SEE MORE
- 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).
- 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)
PRICE & RENT TRENDS
Neighborhood: Universal City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Universal City
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,880 |
| EXPENSES | Loan Payment | -$1,070 |
| Property Tax | -$680 | |
| Property Insurance | -$180 | |
| HOA | -$8 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$157
|
||
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.
$290,000
PROJECTED PRICE
$1,880
PROJECTED RENT
0.65%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 5.4% |
| 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
$82,600
LOAN DETAILS
$1,070
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $72,500 |
| Loan Amount | $217,500 |
1
YEARS SAVED
$1,733
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,880
LIST RENT -
$0.71
LIST RENT PER SQFT
-
$1,884
COMP ESTIMATED VALUE -
$0.71
COMP AVG. RENT PER SQFT
Comps Range
-
118 Alabaster Universal City, TX 3
- 5 beds 3 baths ∙ 2,654 Sqft ∙ Built 1993 5 beds 3 baths ∙ 2,654 Sqft ∙ Built 1993
- Rent
- Rent Per SQFT
- $1,880
- $0.71
-
13359 Galicia Universal City, TX 1
- 4 beds 3 baths ∙ 2,684 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,684 Sqft ∙ Built 1991
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,850
- $0.69
-
122 Foxglove Universal City, TX 2
- 4 beds 2 baths ∙ 2,544 Sqft ∙ Built 1983 4 beds 2 baths ∙ 2,544 Sqft ∙ Built 1983
LEASED 10/15/20- Rent
- Rent Per SQFT
- $1,850
- $0.73
-
8815 Ash Meadow Dr Universal City, TX 4
- 4 beds 3 baths ∙ 2,833 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,833 Sqft ∙ Built 2003
LEASED 11/16/20- Rent
- Rent Per SQFT
- $1,900
- $0.67
-
3521 Mesquite Chase Schertz, TX 5
- 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2010
LEASED 06/11/20- Rent
- Rent Per SQFT
- $1,995
- $0.75
PROPERTY LISTING DETAILS
1.210.269.1478
Exp Realty Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1496037
Last Updated: 11/20/2020
