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INVESTimate
$193,000
List Price
$56,895
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 2008
- Price/Sqft : $111.50
- 2 Days on Market
- MLS # : 1479180
- Updated Date : 08/25/2020 at 18:12
CONSTRUCTION
- Beds : 3
- Floor Size : 1,731 sqft
- Baths : 2 full
Listing Agent
Jp & Associates, Realtors
Listing Agent's Description
Come see this beautiful single story home in the Monticello Ranch community! Home features an open floor plan with kitchen island, large breakfast nook, and over-sized master bedroom. Conveniently located near shopping centers and major highways.
SEE MORE
- 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
* 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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,480 |
EXPENSES | Loan Payment | -$712 |
Property Tax | -$431 | |
Property Insurance | -$127 | |
HOA | -$29 | |
Property Management Fees | -$99 | |
CASH FLOW
$82
|
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.
$193,000
PROJECTED PRICE
$1,480
PROJECTED RENT
0.77%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.41% |
Appreciation Year (1-5) | 3.90% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 9.02% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$56,895
LOAN DETAILS
$712
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $48,250 |
Loan Amount | $144,750 |
4.67
YEARS SAVED
$10,960
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,480
LIST RENT -
$0.85
LIST RENT PER SQFT
-
$1,471
COMP ESTIMATED VALUE -
$0.85
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.210.489.0116
Jp & Associates, Realtors
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1479180
Last Updated: 08/25/2020