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PROPERTY INFO
FACTS
- Single Family
- Built In 1975
- Price/Sqft : $118.27
- 4 Days on Market
- MLS # : 1499116
- Updated Date : 12/10/2020 at 22:25
CONSTRUCTION
- Beds : 3
- Floor Size : 1,691 sqft
- Baths : 2 full
Listing Agent
Exp Realty Llc
Listing Agent's Description
Not only is this lovely house waiting for you to call it home, but it's also in one of the most sought after zip codes in the city! This beautiful home features an open floorplan and high ceilings in the main living area. From the kitchen, you can clearly see and talk to your guests in the living room and dining room. Large windows and glass doors give you a great view of your backyard while allowing plenty of natural light to come into your home. The front dining room hosts a wall of windows with beautiful plantation-type shutters that add that special elegance and formality. Fully open the shutters for a nice airy feel, or close them tightly to allow for less sunlight and more privacy. The interior of the house has been fully repainted and each of the bedrooms has recently had new carpeting installed. Safely house two of your vehicles in the 2-car garage, plus two more in the driveway - not to mention plenty of street parking. The backyard hosts a large concrete patio and an even larger yard with mature trees that provide shade for you to play and create your own outdoor living space. Come check it out today! Refrigerator does not convey.
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: Fox Run
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Fox Run
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,490 |
| EXPENSES | Loan Payment | -$738 |
| Property Tax | -$457 | |
| Property Insurance | -$125 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$71
|
||
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.
$200,000
PROJECTED PRICE
$1,490
PROJECTED RENT
0.75%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 6.2% |
| 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
$58,750
LOAN DETAILS
$738
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $50,000 |
| Loan Amount | $150,000 |
4.58
YEARS SAVED
$10,669
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,490
LIST RENT -
$0.88
LIST RENT PER SQFT
-
$1,492
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
-
16622 Fort Oswego St San Antonio, TX 3
- 3 beds 2 baths ∙ 1,691 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,691 Sqft ∙ Built 1975
![property image]()
- Rent
- Rent Per SQFT
- $1,490
- $0.88
-
16811 Vista Bluff Dr San Antonio, TX 1
- 3 beds 2 baths ∙ 1,577 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,577 Sqft ∙ Built 1986
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LEASED 01/22/20- Rent
- Rent Per SQFT
- $1,425
- $0.90
-
5915 Brambletree St San Antonio, TX 2
- 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 1984
![property image]()
LEASED 03/11/20- Rent
- Rent Per SQFT
- $1,475
- $0.84
-
16718 Fort Oswego St San Antonio, TX 4
- 3 beds 2 baths ∙ 1,785 Sqft ∙ Built 1975 3 beds 2 baths ∙ 1,785 Sqft ∙ Built 1975
![property image]()
LEASED 06/12/20- Rent
- Rent Per SQFT
- $1,495
- $0.84
-
5826 Kissing Oak St San Antonio, TX 5
- 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,632 Sqft ∙ Built 1981
![property image]()
LEASED 10/15/20- Rent
- Rent Per SQFT
- $1,550
- $0.95
PROPERTY LISTING DETAILS
1.210.262.7815
Exp Realty Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1499116
Last Updated: 12/10/2020
