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PROPERTY INFO
FACTS
- Single Family
- Built In 2017
- Price/Sqft : $139.46
- 2 Days on Market
- MLS # : 1497099
- Updated Date : 12/27/2020 at 05:35
CONSTRUCTION
- Beds : 4
- Floor Size : 1,642 sqft
- Baths : 2 full , 1 half
Listing Agent
Guti Realty
Listing Agent's Description
Newer construction, 2018, home near Downtown San Antonio. Open layout and updated features make this home charming. Easy access to master bedroom downstairs, large walking closet and luminous attached master bath. Extended kitchen with modern stainless steel appliances and granite countertops. The flooring features wood like tile and updated colorways all over. Woodlawn Lake park is close by and downtown is a short drive away.
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
Neighborhood: Donaldson Terrace
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Donaldson Terrace
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,460 |
EXPENSES | Loan Payment | -$845 |
Property Tax | -$511 | |
Property Insurance | -$122 | |
Property Management Fees | -$99 | |
CASH FLOW
-$117
|
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.
$229,000
PROJECTED PRICE
$1,460
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.31% |
Appreciation Year (1-5) | 9.1% |
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
$66,435
LOAN DETAILS
$845
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $57,250 |
Loan Amount | $171,750 |
1.08
YEARS SAVED
$1,486
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.89
LIST RENT PER SQFT
-
$1,412
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.210.951.8391
Guti Realty
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1497099
Last Updated: 12/27/2020