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PROPERTY INFO
FACTS
- Single Family
- Built In 1992
- Price/Sqft : $98.35
- 3 Days on Market
- MLS # : 1507040
- Updated Date : 01/30/2021 at 23:44
CONSTRUCTION
- Beds : 4
- Floor Size : 2,185 sqft
- Baths : 2 full
Listing Agent
Keller Williams Heritage
Listing Agent's Description
Lovely and well maintained home in a desirable NW neighborhood with No HOA! Open floor plan with fresh interior and exterior paint. This home offers a spacious walk-in pantry, a generous sized master bedroom with a walk-in closet and a backyard storage shed. Located near major highways, Sea World, Christus Santa Rosa and shopping centers. Must come see!!
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: 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 | $1,600 |
EXPENSES | Loan Payment | -$746 |
Property Tax | -$480 | |
Property Insurance | -$153 | |
Property Management Fees | -$99 | |
CASH FLOW
$122
|
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.
$214,900
PROJECTED PRICE
$1,600
PROJECTED RENT
0.74%
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
$62,699
LOAN DETAILS
$746
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $53,725 |
Loan Amount | $161,175 |
5.42
YEARS SAVED
$12,518
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,600
LIST RENT -
$0.73
LIST RENT PER SQFT
-
$1,617
COMP ESTIMATED VALUE -
$0.74
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.210.782.1245
Keller Williams Heritage
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1507040
Last Updated: 01/30/2021