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143 Ville Serene San Antonio, TX 78253

3 Beds 2 Baths 1,731 sqft Built 2008

INVESTimate

$193,000

List Price

$1,480

$1,332 - $1,628

Rent Est.

$200,527  ( +3.90%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
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

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*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
Lieck Elementary School Primary Regular 697 42 6
Bernal Middle School Middle Regular 618 38 NA
Brennan High School High Regular 2,455 137 7

Lieck Elementary School

  • Education Level: Primary
  • # of students: 697
  • # of teachers: 42
6
GreatSchools Rating

Bernal Middle School

  • Education Level: Middle
  • # of students: 618
  • # of teachers: 38
NA
GreatSchools Rating

Brennan High School

  • Education Level: High
  • # of students: 2,455
  • # of teachers: 137
7
GreatSchools Rating
 

$173,700$212,300$193,000

PURCHASE PRICE

$1,332$1,628$1,480

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

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

ASSUMPTIONS

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

TOTAL OUT OFPOCKET$56,895

INVESTMENT

$56,895

Down Payment
$48,250
Rehab Estimate
$5,750
Closing Costs
$2,895

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$712

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $48,250
Loan Amount $144,750
See What Happens When You Reinvest Cash Flow

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
$1,300
1$1,3002$1,4753$1,4754$1,4805$1,500
$1,500
RENT COMPS ANALYSIS
  • 143 Ville Serene San Antonio, 4
    • 3 beds 2 baths ∙ 1,731 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,731 Sqft ∙ Built 2008
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,480
    • $0.85
    •  
  • 119 Venezia San Antonio, 1
    • 3 beds 2 baths ∙ 1,731 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,731 Sqft ∙ Built 2006
    property image
    LEASED 12/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.75
    •  
  • 13238 Cipresso Palco San Antonio, 2
    • 3 beds 2 baths ∙ 1,695 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,695 Sqft ∙ Built 2015
    property image
    LEASED 04/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.87
    •  
  • 418 Prato Brezza San Antonio, 3
    • 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 2007
    property image
    LEASED 04/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.88
    •  
  • 403 Palma Noce San Antonio, 5
    • 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,672 Sqft ∙ Built 2009
    property image
    LEASED 12/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.90
    •  
PROPERTY LISTING DETAILS
Genevieve Cavazos
1.210.489.0116
Jp & Associates, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1479180
Last Updated: 08/25/2020
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