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12370 Mahoney Mill San Antonio, TX 78252

3 Beds 3 Baths 1,209 sqft Built 2017

$185,500

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $153.43
  • 3 Days on Market
  • MLS # : 1499335
  • Updated Date : 12/11/2020 at 21:57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,209 sqft
  • Baths : 2 full , 1 half
Listing Agent

Listingresults,llc

Listing Agent's Description

SELLER WILL FINANCE. This beautiful 2 story home built in 2017 features 3 bedrooms and 2.5 bathrooms. The kitchen features beautiful wood cabinets and energy efficient appliances. New refrigerator included! Additional features include raised six panel doors, brushed nickel hardware, a large master closet and utility room.

SEE MORE

MARKET HIGHLIGHTS

  • 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

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Southwest San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
Lacoste Elementary School Primary Regular 660 40 7
Medina Valley Middle School Middle Regular 976 58 5
Medina Valley High School High Regular 1,159 67 6

Lacoste Elementary School

  • Education Level: Primary
  • # of students: 660
  • # of teachers: 40
7
GreatSchools Rating

Medina Valley Middle School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 58
5
GreatSchools Rating

Medina Valley High School

  • Education Level: High
  • # of students: 1,159
  • # of teachers: 67
6
GreatSchools Rating
 

$166,950$204,050$185,500

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$684
Property Tax -$414
Property Insurance -$97
Property Management Fees -$99
CASH FLOW
$96

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.

$185,500

PROJECTED PRICE

$1,390

PROJECTED RENT

0.75%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$54,908

INVESTMENT

$54,908

Down Payment
$46,375
Rehab Estimate
$5,750
Closing Costs
$2,783

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$684

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $46,375
Loan Amount $139,125
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$11,753

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,390

    LIST RENT
  • $1.15

    LIST RENT PER SQFT
  • $1,384

    COMP ESTIMATED VALUE
  • $1.15

    COMP AVG. RENT PER SQFT
Comps Range
$1,325
1$1,3252$1,3453$1,3504$1,3905$1,425
$1,425
RENT COMPS ANALYSIS
  • 12370 Mahoney Mill San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,209 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,209 Sqft ∙ Built 2017
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $1.15
    •  
  • 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
    property image
    LEASED 07/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $1.12
    •  
  • 7611 Bowdre San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,209 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,209 Sqft ∙ Built 2017
    property image
    LEASED 12/16/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,345
    • $1.11
    •  
  • 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
    property image
    LEASED 09/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $1.14
    •  
  • 12134 Luckey Summit San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,178 Sqft ∙ Built 2015
    property image
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $1.21
    •  
PROPERTY LISTING DETAILS
Jack Mclemore
1.817.283.5134
Listingresults,llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1499335
Last Updated: 12/11/2020
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