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PROPERTY INFO
FACTS
- Single Family
- Built In 1993
- Price/Sqft : $129.51
- 3 Days on Market
- MLS # : 1501809
- Updated Date : 01/01/2021 at 20:38
CONSTRUCTION
- Beds : 3
- Floor Size : 1,698 sqft
- Baths : 2 full
Listing Agent
Keller Williams City-view
Listing Agent's Description
Don't miss out on this captivating home. NEISD district. Schedule a private tour today! This home isn't going to last - schedule your showing before it's gone!
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: Longs Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Longs Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,610 |
| EXPENSES | Loan Payment | -$811 |
| Property Tax | -$491 | |
| Property Insurance | -$125 | |
| HOA | -$17 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$67
|
||
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.
$219,900
PROJECTED PRICE
$1,610
PROJECTED RENT
0.73%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.11% |
| Appreciation Year (1-5) | 6.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.32% |
| 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
$64,024
LOAN DETAILS
$811
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $54,975 |
| Loan Amount | $164,925 |
4
YEARS SAVED
$9,207
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,610
LIST RENT -
$0.95
LIST RENT PER SQFT
-
$1,605
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
15418 Walnut Creek Dr San Antonio, TX 4
- 3 beds 2 baths ∙ 1,698 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,698 Sqft ∙ Built 1993
- Rent
- Rent Per SQFT
- $1,610
- $0.95
-
15922 Colton Well San Antonio, TX 1
- 3 beds 2 baths ∙ 1,641 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,641 Sqft ∙ Built 1999
LEASED 07/27/20- Rent
- Rent Per SQFT
- $1,450
- $0.88
-
15714 Walnut Creek Dr San Antonio, TX 2
- 3 beds 2 baths ∙ 1,551 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,551 Sqft ∙ Built 1995
LEASED 06/03/20- Rent
- Rent Per SQFT
- $1,495
- $0.96
-
15719 Lomita Creek Dr San Antonio, TX 3
- 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,584 Sqft ∙ Built 1993
LEASED 11/20/20- Rent
- Rent Per SQFT
- $1,495
- $0.94
-
4622 Purlane San Antonio, TX 5
- 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1991 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1991
LEASED 08/17/20- Rent
- Rent Per SQFT
- $1,700
- $1.00
PROPERTY LISTING DETAILS
1.210.931.5588
Keller Williams City-view
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1501809
Last Updated: 01/01/2021
