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PROPERTY INFO
FACTS
- Single Family
- Built In 1983
- Price/Sqft : $120.25
- 6 Days on Market
- MLS # : 1497526
- Updated Date : 12/04/2020 at 22:07
CONSTRUCTION
- Beds : 3
- Floor Size : 1,995 sqft
- Baths : 2 full
Listing Agent
Keller Williams Heritage
Listing Agent's Description
Tranquility awaits as you enter this open concept home. This remarkable home located in Northern Hills Golf community has been remodeled, and is ready for a new family. Come view this home that is almost 2,000 square feet, and sits on almost a quarter acre. This 3 bedroom 2 bath home is aimed to please for sure. It has been opened up for that open concept look. It has so many upgrades that it is unbelievable! With stainless steel appliances, remodeled bathrooms, remodeled kitchen, updated light fixtures, all floors redone with no carpet! Famous NEISD schools will be sure to please any parents. So grab your realtor today, and come see this beautiful home today!
SEE MORE
- 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)
- 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).
PRICE & RENT TRENDS
Neighborhood: Northern Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Northern Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,530 |
| EXPENSES | Loan Payment | -$885 |
| Property Tax | -$536 | |
| Property Insurance | -$142 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$132
|
||
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.
$239,900
PROJECTED PRICE
$1,530
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 6.3% |
| 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
$69,324
LOAN DETAILS
$885
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $59,975 |
| Loan Amount | $179,925 |
1.17
YEARS SAVED
$1,612
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 -
$0.77
LIST RENT PER SQFT
-
$1,571
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
-
13930 Sunny Glen San Antonio, TX 4
- 3 beds 2 baths ∙ 1,995 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,995 Sqft ∙ Built 1983
- Rent
- Rent Per SQFT
- $1,530
- $0.77
-
4762 Aspen View San Antonio, TX 1
- 3 beds 3 baths ∙ 1,745 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,745 Sqft ∙ Built 1997
LEASED 08/07/19- Rent
- Rent Per SQFT
- $1,400
- $0.80
-
13719 Sunny Glen San Antonio, TX 2
- 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1978
LEASED 05/25/20- Rent
- Rent Per SQFT
- $1,400
- $0.74
-
13123 Burgundy Pt San Antonio, TX 3
- 3 beds 3 baths ∙ 1,789 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,789 Sqft ∙ Built 1994
LEASED 08/05/20- Rent
- Rent Per SQFT
- $1,400
- $0.78
-
13915 Anchorage Hill San Antonio, TX 5
- 4 beds 2 baths ∙ 1,863 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,863 Sqft ∙ Built 1972
LEASED 11/30/20- Rent
- Rent Per SQFT
- $1,545
- $0.83
PROPERTY LISTING DETAILS
1.210.501.3025
Keller Williams Heritage
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1497526
Last Updated: 12/04/2020
