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PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $149.41
- 3 Days on Market
- MLS # : 1502915
- Updated Date : 01/09/2021 at 15:57
CONSTRUCTION
- Beds : 3
- Floor Size : 1,178 sqft
- Baths : 2 full
Listing Agent
Exp Realty Llc
Listing Agent's Description
Come see this beautiful home located in the Luckey Ranch subdivision! This home features 3 bedrooms and 2 full baths! The spacious living room is ideal for entertaining and flows easily to the updated kitchen and eat-in dining area. The kitchen features a nice subway tile backsplash, granite counter tops and stainless steel appliances. Within the master bedroom, you'll find a plenty of natural light and a large walk-in closet! Did we mention the backyard? Plenty of room to host family and friend for BBQ! What about the location? Easy access to Hwy 90, Loop 1604, IH-410 and Lackland Air Force Base.
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: Southwest San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Southwest San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,330 |
| EXPENSES | Loan Payment | -$611 |
| Property Tax | -$393 | |
| Property Insurance | -$95 | |
| HOA | -$25 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$107
|
||
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.
$176,000
PROJECTED PRICE
$1,330
PROJECTED RENT
0.76%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 2.0% |
| 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
$52,390
LOAN DETAILS
$611
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $44,000 |
| Loan Amount | $132,000 |
5.33
YEARS SAVED
$9,839
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,330
LIST RENT -
$1.13
LIST RENT PER SQFT
-
$1,337
COMP ESTIMATED VALUE -
$1.14
COMP AVG. RENT PER SQFT
Comps Range
-
12211 Fish Hook San Antonio, TX 2
- 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 2016
- Rent
- Rent Per SQFT
- $1,330
- $1.13
-
11627 Luckey Vista San Antonio, TX 1
- 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2012
LEASED 07/09/20- Rent
- Rent Per SQFT
- $1,325
- $1.12
-
6119 Luckey Run San Antonio, TX 3
- 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2011
LEASED 09/23/20- Rent
- Rent Per SQFT
- $1,350
- $1.14
-
12325 Claiborne San Antonio, TX 4
- 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 2015
LEASED 12/15/20- Rent
- Rent Per SQFT
- $1,399
- $1.19
-
12243 Siragusa San Antonio, TX 5
- 3 beds 3 baths ∙ 1,381 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,381 Sqft ∙ Built 2017
LEASED 07/06/20- Rent
- Rent Per SQFT
- $1,500
- $1.09
PROPERTY LISTING DETAILS
1.210.548.0205
Exp Realty Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1502915
Last Updated: 01/09/2021
