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13819 Baltic Pass San Antonio, TX 78253

3 Beds 2 Baths 1,584 sqft Built 2017

$250,000

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 17, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $157.83
  • 6 Days on Market
  • MLS # : 1509983
  • Updated Date : 02/17/2021 at 15:05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,584 sqft
  • Baths : 2 full
Listing Agent

Keller Williams City-view

Listing Agent's Description

PLEASE SEE ATTACHED VIRTUAL HOME TOUR: https://my.matterport.com/show/?m=gsrYtoPg2HF&mls=1 ***Come see this charming 3 Bed/2 Bath One-Story residence located in Waterford Park subdivision. This home welcomes you in with open floor plan and high ceilings, spacious living area, two eating areas with abundant light flooding in from large windows throughout. Gorgeous Eat-in Island Kitchen features stainless steel appliances, breakfast bar, walk-in pantry and plenty of cabinet space. Master suite with walk-in closet and serene master bath with double vanity, garden tub and separate shower. Enjoy the wide backyard with covered patio, privacy fence and sprinkler system for easy yard maintenance. This home is sure to go fast! Request a showing now.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $86k264k

* 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
Henderson Elementary School Primary Regular 645 41 7
Folks Middle School Middle Unknown NA
Harlan High School High Unknown NA

Henderson Elementary School

  • Education Level: Primary
  • # of students: 645
  • # of teachers: 41
7
GreatSchools Rating

Folks Middle School

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

Harlan High School

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

$225,000$275,000$250,000

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,530
EXPENSES Loan Payment -$868
Property Tax -$558
Property Insurance -$119
HOA -$38
Property Management Fees -$99
CASH FLOW
-$152

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

$1,530

PROJECTED RENT

0.61%

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$72,000

INVESTMENT

$72,000

Down Payment
$62,500
Rehab Estimate
$5,750
Closing Costs
$3,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,500
Loan Amount $187,500
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$792

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,530

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,576

    COMP ESTIMATED VALUE
  • $0.99

    COMP AVG. RENT PER SQFT
Comps Range
$1,530
1$1,5302$1,5953$1,6504$1,7005$1,725
$1,725
RENT COMPS ANALYSIS
  • 13819 Baltic Pass San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.97
    •  
  • 13714 Baltic Pass San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 2015
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.01
    •  
  • 7820 Belmont Valley San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 2017
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.04
    •  
  • 13816 Bellows Path San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,771 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,771 Sqft ∙ Built 2015
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.96
    •  
  • 13914 Cohan Way San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,783 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,783 Sqft ∙ Built 2015
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.97
    •  
PROPERTY LISTING DETAILS
Shane Neal
1.210.982.0405
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1509983
Last Updated: 02/17/2021
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