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PROPERTY INFO
FACTS
- Single Family
- Built In 2014
- Price/Sqft : $128.50
- 3 Days on Market
- MLS # : 1491473
- Updated Date : 12/04/2020 at 22:59
CONSTRUCTION
- Beds : 3
- Floor Size : 1,751 sqft
- Baths : 2 full
Listing Agent
M. Stagers Realty Partners
Listing Agent's Description
Adorable home with great curb appeal in an up and coming area. A dedicated study off the front of the house with French doors is perfect for the required privacy when you are working from home. Classic laminate "wood" flooring in the main living areas provide easy cleanup and a timeless look. Great open floor plan conducive to entertaining. Kitchen with stainless steel appliances, lots of counter space, and a convenient island with breakfast bar for additional seating. Spacious Owners bedroom with bay window and private en suite bath boasting double vanities, large walk in shower bench seating. Covered back patio for nights out enjoying the cooler weather.
SEE MORE
- 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)
- 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).
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 | $1,460 |
| EXPENSES | Loan Payment | -$830 |
| Property Tax | -$502 | |
| Property Insurance | -$128 | |
| HOA | -$17 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$116
|
||
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.
$225,000
PROJECTED PRICE
$1,460
PROJECTED RENT
0.65%
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
$65,375
LOAN DETAILS
$830
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $56,250 |
| Loan Amount | $168,750 |
1.25
YEARS SAVED
$1,647
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.83
LIST RENT PER SQFT
-
$1,462
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
1606 Badger Wolf San Antonio, TX 3
- 3 beds 2 baths ∙ 1,751 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,751 Sqft ∙ Built 2014
- Rent
- Rent Per SQFT
- $1,460
- $0.83
-
1822 Goldgap Fox San Antonio, TX 1
- 3 beds 3 baths ∙ 1,651 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,651 Sqft ∙ Built 2005
LEASED 11/11/20- Rent
- Rent Per SQFT
- $1,375
- $0.83
-
1730 Possum Wolf San Antonio, TX 2
- 3 beds 3 baths ∙ 1,796 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,796 Sqft ∙ Built 2006
LEASED 07/16/20- Rent
- Rent Per SQFT
- $1,399
- $0.78
-
1907 Alpha Wolf Bay San Antonio, TX 4
- 3 beds 2 baths ∙ 1,671 Sqft ∙ Built 2010 3 beds 2 baths ∙ 1,671 Sqft ∙ Built 2010
LEASED 09/28/20- Rent
- Rent Per SQFT
- $1,495
- $0.89
-
10710 Gentle Fox Bay San Antonio, TX 5
- 3 beds 3 baths ∙ 1,838 Sqft ∙ Built 2015 3 beds 3 baths ∙ 1,838 Sqft ∙ Built 2015
LEASED 06/30/20- Rent
- Rent Per SQFT
- $1,550
- $0.84
PROPERTY LISTING DETAILS
1.210.305.5665
M. Stagers Realty Partners
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1491473
Last Updated: 12/04/2020
