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PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $104.43
- 5 Days on Market
- MLS # : 1502433
- Updated Date : 01/07/2021 at 16:30
CONSTRUCTION
- Beds : 4
- Floor Size : 2,394 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Heritage
Listing Agent's Description
Charming two-story home with sprawling backyard and two-car garage nestled in Weston Oaks neighborhood. Fresh, neutral paint throughout the home means it's move-in ready and perfect to make your own! Warm foyer with elegant wrought-iron banister welcomes in loved ones with a flourish. Kitchen features stainless steel appliances, tile backsplash, and natural stone countertops, opening into the living and dining areas for seamless entertaining. Four total bedrooms featuring touches like recessed shelving and tray ceilings allow for office space, a home exercise room, guest rooms, and more. Beautiful master suite provides a sanctuary complete with spa-like bathroom starring a luxurious soaker tub. Large, lush backyard is completely fenced in and offers grassy room to run or covered space to enjoy the shade, ideal for pets, backyard soccer games, weekend parties, and more. Neighborhood includes amenities like public pool and playground. Don't wait - this stunning property won't last long!
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: West San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: West San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,760 |
| EXPENSES | Loan Payment | -$868 |
| Property Tax | -$558 | |
| Property Insurance | -$165 | |
| HOA | -$83 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$14
|
||
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
$1,760
PROJECTED RENT
0.70%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 3.9% |
| 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
$72,000
LOAN DETAILS
$868
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $62,500 |
| Loan Amount | $187,500 |
2.33
YEARS SAVED
$4,098
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,760
LIST RENT -
$0.74
LIST RENT PER SQFT
-
$1,754
COMP ESTIMATED VALUE -
$0.73
COMP AVG. RENT PER SQFT
Comps Range
-
12218 Coal Mine Rise San Antonio, TX 2
- 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 2015
![property image]()
- Rent
- Rent Per SQFT
- $1,760
- $0.74
-
423 Tequila Ranch San Antonio, TX 1
- 4 beds 3 baths ∙ 2,296 Sqft ∙ Built 2011 4 beds 3 baths ∙ 2,296 Sqft ∙ Built 2011
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LEASED 08/07/20- Rent
- Rent Per SQFT
- $1,600
- $0.70
-
518 Fort Pena San Antonio, TX 3
- 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 2013
![property image]()
LEASED 07/26/20- Rent
- Rent Per SQFT
- $1,775
- $0.74
-
522 Fort Apache San Antonio, TX 4
- 4 beds 3 baths ∙ 2,542 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,542 Sqft ∙ Built 2014
![property image]()
LEASED 01/21/20- Rent
- Rent Per SQFT
- $1,825
- $0.72
-
450 Tequila Ranch San Antonio, TX 5
- 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 2011 4 beds 3 baths ∙ 2,394 Sqft ∙ Built 2011
![property image]()
LEASED 07/22/20- Rent
- Rent Per SQFT
- $1,850
- $0.77
PROPERTY LISTING DETAILS
1.210.660.8623
Keller Williams Heritage
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1502433
Last Updated: 01/07/2021
