Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $96.95
- 2 Days on Market
- MLS # : 1505683
- Updated Date : 01/23/2021 at 16:36
CONSTRUCTION
- Beds : 4
- Floor Size : 2,527 sqft
- Baths : 2 full , 1 half
Listing Agent
Oasis Company Realtors, Llc
Listing Agent's Description
This home is move in ready. A contemporary 2 story open floor plan with room for family and friends to gather and enjoy life while making new memories. The first floor offers a half bath. There is a extra storage nook near the kitchen. The walk in kitchen pantry has space for those Texas size grocery shopping days. The kitchen has a 32 inch TV mounted for those fun filled cook along lesson with your favorite TV chef. Maybe take a seat at your kitchen island and enjoy those yummy baked goodies or a meal at the table. All bedrooms are upstairs with a game room that is ready for fun filled family game nights. The owner retreat bathroom has a double vanity. Perhaps a soak in the garden tub will help you relax away the work day. The walk in closet in the owners room have space galore. If you are looking to enjoy some out door time. head out to the backyard where you will find a large patio partially covered by a pergola just waiting for some Texas style cookouts and a glass of Texas sweet tea. Welcome Home Y'all.
SEE MORE
- 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: 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 | $1,540 |
| EXPENSES | Loan Payment | -$851 |
| Property Tax | -$547 | |
| Property Insurance | -$173 | |
| HOA | -$16 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$146
|
||
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.
$245,000
PROJECTED PRICE
$1,540
PROJECTED RENT
0.63%
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
$70,675
LOAN DETAILS
$851
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $61,250 |
| Loan Amount | $183,750 |
0.67
YEARS SAVED
$751
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,540
LIST RENT -
$0.61
LIST RENT PER SQFT
-
$1,636
COMP ESTIMATED VALUE -
$0.65
COMP AVG. RENT PER SQFT
Comps Range
-
131 Clover Creek San Antonio, TX 2
- 4 beds 3 baths ∙ 2,527 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,527 Sqft ∙ Built 2001
- Rent
- Rent Per SQFT
- $1,540
- $0.61
-
9627 Rainbow Creek San Antonio, TX 1
- 4 beds 3 baths ∙ 2,463 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,463 Sqft ∙ Built 2008
LEASED 03/19/20- Rent
- Rent Per SQFT
- $1,500
- $0.61
-
538 Rattler Bluff San Antonio, TX 3
- 4 beds 3 baths ∙ 2,361 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,361 Sqft ∙ Built 2004
LEASED 01/19/21- Rent
- Rent Per SQFT
- $1,575
- $0.67
-
622 Butler Pt San Antonio, TX 4
- 4 beds 3 baths ∙ 2,576 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,576 Sqft ∙ Built 2006
LEASED 05/22/20- Rent
- Rent Per SQFT
- $1,595
- $0.62
-
511 Anchors Coach San Antonio, TX 5
- 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 2003
LEASED 12/21/20- Rent
- Rent Per SQFT
- $1,750
- $0.69
PROPERTY LISTING DETAILS
1.210.748.4219
Oasis Company Realtors, Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1505683
Last Updated: 01/23/2021
