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PROPERTY INFO
FACTS
- Single Family
- Built In 2017
- Price/Sqft : $158.27
- 3 Days on Market
- MLS # : 1510158
- Updated Date : 02/19/2021 at 23:52
CONSTRUCTION
- Beds : 3
- Floor Size : 1,946 sqft
- Baths : 2 full
Listing Agent
Keller Williams Legacy
Listing Agent's Description
Beautiful LIKE NEW home in Kallison Ranch. You are greeted with an extended entry into the spacious kitchen and entertaining area. Abundant cabinets and counter space will make this your favorite room! You will love the community and new amenity center! Floor to ceiling windows in the master bedroom are beautiful and the french doors into the bathroom are the perfect touch. Back porch is covered and large - perfect for summer time entertaining! The natural light throughout the home makes every space feel fresh.
SEE MORE
- 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
* 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 | $1,830 |
| EXPENSES | Loan Payment | -$1,070 |
| Property Tax | -$688 | |
| Property Insurance | -$139 | |
| HOA | -$38 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$204
|
||
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.
$308,000
PROJECTED PRICE
$1,830
PROJECTED RENT
0.59%
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
$87,370
LOAN DETAILS
$1,070
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $77,000 |
| Loan Amount | $231,000 |
0.58
YEARS SAVED
$739
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,830
LIST RENT -
$0.94
LIST RENT PER SQFT
-
$1,839
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
14546 Bald Eagle Ln San Antonio, TX 3
- 3 beds 2 baths ∙ 1,946 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,946 Sqft ∙ Built 2017
- Rent
- Rent Per SQFT
- $1,830
- $0.94
-
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
- Rent Per SQFT
- $1,695
- $0.91
-
8435 Pale Horse Ln San Antonio, TX 2
- 3 beds 2 baths ∙ 1,856 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,856 Sqft ∙ Built 2007
LEASED 02/14/21- Rent
- Rent Per SQFT
- $1,750
- $0.94
-
8922 Double Oak San Antonio, TX 4
- 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 5
- 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
PROPERTY LISTING DETAILS
1.830.200.1672
Keller Williams Legacy
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1510158
Last Updated: 02/19/2021
