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12927 Waterlily Way San Antonio, TX 78254

4 Beds 3 Baths 1,922 sqft Built 2013

$275,000

List Price

$1,760

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $143.08
  • 5 Days on Market
  • MLS # : 1502522
  • Updated Date : 01/06/2021 at 22:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,922 sqft
  • Baths : 3 full
Listing Agent

Keller Williams City-view

Listing Agent's Description

Beautiful home located in Talise de Culebra is ready for its forever family! This one-story home features an open floor plan from the kitchen to the living room, both featuring tile floors and the entire space offering lots of natural light. The kitchen offers plenty of storage, granite countertops, and an island that is large enough to sit and eat with the family. The bedrooms are on a split floor plan. The master bedroom of this home is large with a walk-in closet and direct access to the master bathroom which features double vanity sinks and a large walk-in shower. The additional bedrooms are spacious and feature freshly cleaned carpets and natural light. Home also has a central vacuum system. The backyard of this home is great for entertaining. It offers a patio slab/covered patio and a privacy fenced backyard with a level lot. Come see everything this home has to offer!

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: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k235k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Scarborough Elementary School Primary Regular 788 48 8
Folks Middle School Middle Regular 700 45 NA
Harlan High School High Regular NA

Scarborough Elementary School

  • Education Level: Primary
  • # of students: 788
  • # of teachers: 48
8
GreatSchools Rating

Folks Middle School

  • Education Level: Middle
  • # of students: 700
  • # of teachers: 45
NA
GreatSchools Rating

Harlan High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$247,500$302,500$275,000

PURCHASE PRICE

$1,584$1,936$1,760

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,760
EXPENSES Loan Payment -$955
Property Tax -$614
Property Insurance -$138
HOA -$42
Property Management Fees -$99
CASH FLOW
-$88

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.

$275,000

PROJECTED PRICE

$1,760

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,625

INVESTMENT

$78,625

Down Payment
$68,750
Rehab Estimate
$5,750
Closing Costs
$4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$955

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,750
Loan Amount $206,250
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$2,534

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
  • $0.92

    LIST RENT PER SQFT
  • $1,706

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,695
1$1,6952$1,6953$1,7604$1,7755$1,800
$1,800
RENT COMPS ANALYSIS
  • 12927 Waterlily Way San Antonio, TX 3
    • 4 beds 3 baths ∙ 1,922 Sqft ∙ Built 2013 4 beds 3 baths ∙ 1,922 Sqft ∙ Built 2013
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,760
    • $0.92
    •  
  • 7927 Cenote Dr San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,909 Sqft ∙ Built 2013 3 beds 3 baths ∙ 1,909 Sqft ∙ Built 2013
    property image
    LEASED 12/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.89
    •  
  • 13019 Waterlily Way San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,053 Sqft ∙ Built 2013 3 beds 3 baths ∙ 2,053 Sqft ∙ Built 2013
    property image
    LEASED 05/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.83
    •  
  • 13003 Waterlily Way San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,976 Sqft ∙ Built 2012 4 beds 2 baths ∙ 1,976 Sqft ∙ Built 2012
    property image
    LEASED 07/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.90
    •  
  • 7913 Oxbow Way San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,931 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,931 Sqft ∙ Built 2015
    property image
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.93
    •  
PROPERTY LISTING DETAILS
Phillip Lopez
1.210.913.5696
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1502522
Last Updated: 01/06/2021
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