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15130 Kamary Ln San Antonio, TX 78247

4 Beds 3 Baths 2,807 sqft Built 2001

$285,000

List Price

$1,840

$1.7K - $2K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $101.53
  • 5 Days on Market
  • MLS # : 1503855
  • Updated Date : 01/15/2021 at 23:25
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,807 sqft
  • Baths : 3 full
Listing Agent

Opendoor Brokerage Llc

Listing Agent's Description

This San Antonio two-story home offers a patio, granite countertops, and a two-car garage. This home is vacant and cleaned regularly.

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: Spring Creek

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Spring Creek

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28509009501000105011001150120012501300135014001450Rent in $8451472

* 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
Stahl Elementary School Primary Regular 1,004 59 3
Harris Middle School Middle Regular 1,338 76 6
Madison High School High Regular 3,364 190 5

Stahl Elementary School

  • Education Level: Primary
  • # of students: 1,004
  • # of teachers: 59
3
GreatSchools Rating

Harris Middle School

  • Education Level: Middle
  • # of students: 1,338
  • # of teachers: 76
6
GreatSchools Rating

Madison High School

  • Education Level: High
  • # of students: 3,364
  • # of teachers: 190
5
GreatSchools Rating
 

$256,500$313,500$285,000

PURCHASE PRICE

$1,656$2,024$1,840

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,840
EXPENSES Loan Payment -$990
Property Tax -$636
Property Insurance -$189
Property Management Fees -$99
CASH FLOW
-$74

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.

$285,000

PROJECTED PRICE

$1,840

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 5.7%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$81,275

INVESTMENT

$81,275

Down Payment
$71,250
Rehab Estimate
$5,750
Closing Costs
$4,275

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$990

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $71,250
Loan Amount $213,750
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$3,101

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,840

    LIST RENT
  • $0.66

    LIST RENT PER SQFT
  • $1,846

    COMP ESTIMATED VALUE
  • $0.66

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,7003$1,8404$1,8505$1,950
$1,950
RENT COMPS ANALYSIS
  • 15130 Kamary Ln San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,807 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,807 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $1,840
    • $0.66
    •  
  • 15842 Drexel Run San Antonio, TX 1
    • 4 beds 4 baths ∙ 2,520 Sqft ∙ Built 2003 4 beds 4 baths ∙ 2,520 Sqft ∙ Built 2003
    LEASED 04/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.63
    •  
  • 6202 Panther Peak San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,575 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,575 Sqft ∙ Built 2004
    LEASED 10/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.66
    •  
  • 6210 Alta Puerta San Antonio, TX 4
    • 5 beds 2 baths ∙ 2,636 Sqft ∙ Built 2018 5 beds 2 baths ∙ 2,636 Sqft ∙ Built 2018
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.70
    •  
  • 5406 Vista Court Dr San Antonio, TX 5
    • 4 beds 3 baths ∙ 3,065 Sqft ∙ Built 1984 4 beds 3 baths ∙ 3,065 Sqft ∙ Built 1984
    LEASED 06/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.64
    •  
PROPERTY LISTING DETAILS
Feras Rachid
1.214.378.3667
Opendoor Brokerage Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1503855
Last Updated: 01/15/2021
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