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12131 Painted Daisy San Antonio, TX 78253

3 Beds 3 Baths 2,152 sqft Built 2007

$250,000

List Price

$1,780

$1.6K - $2K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $116.17
  • 2 Days on Market
  • MLS # : 1508445
  • Updated Date : 02/06/2021 at 14:10
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,152 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Preferred, Realtors

Listing Agent's Description

Great 3 bedroom, 2.5 bath home with lots to offer. Features include ceramic tile floors downstairs**family room open to breakfast & kitchen**spacious kitchen with lots of counter space & cabinets**downstairs flex room can be formal living, dining or study**freshly painted walls throughtout**new carpet**upstairs has over-sized game room, 3 bedrooms & 2 baths**nice sized bedrooms**backyard patio and deck to relax on**close to shopping, schools, 1604 & more!

SEE MORE

MARKET HIGHLIGHTS

  • 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: Alamo Ranch

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $86k290k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Alamo Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800Rent in $8451884

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Mireles Elementary School Primary Regular 996 61 9
Dolph Briscoe Middle School Middle Regular 824 50 7
Taft High School High Regular 2,901 174 7

Mireles Elementary School

  • Education Level: Primary
  • # of students: 996
  • # of teachers: 61
9
GreatSchools Rating

Dolph Briscoe Middle School

  • Education Level: Middle
  • # of students: 824
  • # of teachers: 50
7
GreatSchools Rating

Taft High School

  • Education Level: High
  • # of students: 2,901
  • # of teachers: 174
7
GreatSchools Rating
 

$225,000$275,000$250,000

PURCHASE PRICE

$1,602$1,958$1,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,780
EXPENSES Loan Payment -$868
Property Tax -$558
Property Insurance -$151
HOA -$32
Property Management Fees -$99
CASH FLOW
$71

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.

$250,000

PROJECTED PRICE

$1,780

PROJECTED RENT

0.71%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 2.5%
Maintenance Year (1-5) 8.00%
Vacancy 9.32%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$72,000

INVESTMENT

$72,000

Down Payment
$62,500
Rehab Estimate
$5,750
Closing Costs
$3,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,500
Loan Amount $187,500
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$7,691

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,780

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,775

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,750
1$1,7502$1,7803$1,7954$1,7955$1,800
$1,800
RENT COMPS ANALYSIS
  • 12131 Painted Daisy San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,780
    • $0.83
    •  
  • 6306 Black Bear San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2011 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2011
    property image
    LEASED 08/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.81
    •  
  • 12107 Karnes Way San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,199 Sqft ∙ Built 2009 3 beds 3 baths ∙ 2,199 Sqft ∙ Built 2009
    property image
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.82
    •  
  • 12102 Dewitt Way San Antonio, TX 4
    • 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2009 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2009
    property image
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.83
    •  
  • 12127 Harris Hawk San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2008 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2008
    property image
    LEASED 09/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.84
    •  
PROPERTY LISTING DETAILS
Christina Whipple
1.210.492.4500
Re/max Preferred, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1508445
Last Updated: 02/06/2021
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