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PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $141.81
- 5 Days on Market
- MLS # : 1505119
- Updated Date : 01/22/2021 at 15:43
CONSTRUCTION
- Beds : 3
- Floor Size : 2,045 sqft
- Baths : 2 full
Listing Agent
Keller Williams Boerne
Listing Agent's Description
Beautiful Single Story Lennar home, 1 Owner only! One of the most popular plans this 3/2 has a versatile Flex space to use as Game room, or as your heart desires. The floor plan is open, w/high ceilings, nice display niche & Arched entry from Dining to Kitchen contiguous w/breakfast area, & open to Living room for ease of entertaining. Features include Wood floors in Dining, beautiful offset lay of Tile except in the Bedrooms. Kitchen boasts Granite counters, stainless appliances & accent windows in Backsplash. 2" faux wood blinds throughout, full sprinkler system, & more. Master is split plan. New Carpet in Bedrooms on Jan. 2021, Pre Inspect done, Landscape refreshed, Trees trimmed. Enjoy the covered patio out back, no neighbor to back as there is a greenspace between fence and neighboring Windgate Ranch Subdivision. Don't delay this one will go fast!
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 | $1,770 |
| EXPENSES | Loan Payment | -$1,007 |
| Property Tax | -$647 | |
| Property Insurance | -$145 | |
| HOA | -$44 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$173
|
||
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.
$290,000
PROJECTED PRICE
$1,770
PROJECTED RENT
0.61%
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
$82,600
LOAN DETAILS
$1,007
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $72,500 |
| Loan Amount | $217,500 |
0.67
YEARS SAVED
$909
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,770
LIST RENT -
$0.87
LIST RENT PER SQFT
-
$1,938
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
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14523 Bucking Trail San Antonio, TX 2
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- $1,770
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-
8423 Western Way San Antonio, TX 1
- 3 beds 2 baths ∙ 1,856 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,856 Sqft ∙ Built 2008
LEASED 10/27/20- Rent
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- $1,695
- $0.91
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8922 Double Oak San Antonio, TX 3
- 4 beds 2 baths ∙ 1,904 Sqft ∙ Built 2016 4 beds 2 baths ∙ 1,904 Sqft ∙ Built 2016
LEASED 09/01/20- Rent
- Rent Per SQFT
- $1,875
- $0.98
-
8538 Winchester Way San Antonio, TX 4
- 4 beds 2 baths ∙ 1,989 Sqft ∙ Built 2011 4 beds 2 baths ∙ 1,989 Sqft ∙ Built 2011
LEASED 09/09/20- Rent
- Rent Per SQFT
- $1,895
- $0.95
-
14811 Flint Glen San Antonio, TX 5
- 4 beds 3 baths ∙ 2,149 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,149 Sqft ∙ Built 2019
LEASED 12/22/20- Rent
- Rent Per SQFT
- $2,050
- $0.95
PROPERTY LISTING DETAILS
1.210.601.2980
Keller Williams Boerne
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1505119
Last Updated: 01/22/2021
