Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
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
-
1606 Perryton San Antonio, TX 3
- 4 beds 2 baths ∙ 2,185 Sqft ∙ Built 1992 4 beds 2 baths ∙ 2,185 Sqft ∙ Built 1992
- Rent
- Rent Per SQFT
- $1,600
- $0.73
-
8915 Mansfield San Antonio, TX 1
- 4 beds 2 baths ∙ 2,021 Sqft ∙ Built 1985 4 beds 2 baths ∙ 2,021 Sqft ∙ Built 1985
LEASED 10/23/20- Rent
- Rent Per SQFT
- $1,400
- $0.69
-
1238 Richland Hills Dr San Antonio, TX 2
- 4 beds 3 baths ∙ 2,092 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,092 Sqft ∙ Built 1995
LEASED 05/08/20- Rent
- Rent Per SQFT
- $1,475
- $0.71
-
2330 Elva Frst San Antonio, TX 4
- 3 beds 3 baths ∙ 2,175 Sqft ∙ Built 2011 3 beds 3 baths ∙ 2,175 Sqft ∙ Built 2011
LEASED 07/23/20- Rent
- Rent Per SQFT
- $1,695
- $0.78
-
2207 Petseri Park San Antonio, TX 5
- 3 beds 3 baths ∙ 2,173 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,173 Sqft ∙ Built 2010
LEASED 06/06/20- Rent
- Rent Per SQFT
- $1,700
- $0.78
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
