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PROPERTY INFO
FACTS
- Single Family
- Built In 2010
- Price/Sqft : $95.43
- 4 Days on Market
- MLS # : 1502619
- Updated Date : 01/07/2021 at 19:41
CONSTRUCTION
- Beds : 4
- Floor Size : 2,776 sqft
- Baths : 3 full , 1 half
Listing Agent
Keller Williams Heritage
Listing Agent's Description
Pride of Ownership shows throughout this updated Redbird Ranch gem! Features: gorgeous curb appeal, open floor plan, surround sound throughout entire home, wood laminate & tile floors downstairs, spacious eat-in island kitchen w/gas cooking, stainless steel appliances & tons of storage open to inviting family room, two dining areas, private owner's retreat downstairs w/updated en-suite, second owner's retreat upstairs w/updated en-suite, spacious secondary bedrooms & updated bathrooms, walk-in closets, huge game room/media room. Private backyard w/covered patio, wood deck, lush landscaping, garden areas & mature trees nestled on 0.14 acre lot. Convenient neighborhood amenities with 2 pools, tennis courts, sports court, park/playground, clubhouse & jogging trails. Don't miss out on this Stunning Home!
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
Zip Code: 78253
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 78253
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,840 |
| EXPENSES | Loan Payment | -$920 |
| Property Tax | -$488 | |
| Property Insurance | -$187 | |
| HOA | -$44 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$102
|
||
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.
$264,900
PROJECTED PRICE
$1,840
PROJECTED RENT
0.69%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.11% |
| Appreciation Year (1-5) | 2.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.32% |
| 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
$75,949
LOAN DETAILS
$920
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $66,225 |
| Loan Amount | $198,675 |
4.33
YEARS SAVED
$10,689
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,840
LIST RENT -
$0.66
LIST RENT PER SQFT
-
$1,853
COMP ESTIMATED VALUE -
$0.67
COMP AVG. RENT PER SQFT
Comps Range
-
120 Nesting Tree San Antonio, TX 3
- 4 beds 4 baths ∙ 2,776 Sqft ∙ Built 2010 4 beds 4 baths ∙ 2,776 Sqft ∙ Built 2010
- Rent
- Rent Per SQFT
- $1,840
- $0.66
-
143 Cardinal Way San Antonio, TX 1
- 5 beds 4 baths ∙ 2,676 Sqft ∙ Built 2006 5 beds 4 baths ∙ 2,676 Sqft ∙ Built 2006
LEASED 10/10/20- Rent
- Rent Per SQFT
- $1,750
- $0.65
-
279 Reeves Garden San Antonio, TX 2
- 4 beds 4 baths ∙ 2,795 Sqft ∙ Built 2010 4 beds 4 baths ∙ 2,795 Sqft ∙ Built 2010
LEASED 08/11/20- Rent
- Rent Per SQFT
- $1,795
- $0.64
-
15114 Wingheart San Antonio, TX 4
- 4 beds 4 baths ∙ 2,648 Sqft ∙ Built 2008 4 beds 4 baths ∙ 2,648 Sqft ∙ Built 2008
LEASED 10/02/20- Rent
- Rent Per SQFT
- $1,895
- $0.72
-
331 Whistling Duck San Antonio, TX 5
- 4 beds 3 baths ∙ 2,890 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,890 Sqft ∙ Built 2015
LEASED 04/17/20- Rent
- Rent Per SQFT
- $1,900
- $0.66
PROPERTY LISTING DETAILS
1.210.883.8974
Keller Williams Heritage
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1502619
Last Updated: 01/07/2021
