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17847 Camino Grande San Antonio, TX 78257

3 Beds 3 Baths 2,099 sqft Built 2007

$315,500

List Price

$2,370

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $150.31
  • 2 Days on Market
  • MLS # : 1499405
  • Updated Date : 12/12/2020 at 07:08
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,099 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Preferred, Realtors

Listing Agent's Description

Exquisite Mediterranean style home 3/2/2 plus add'l Flex room could be 4th bedroom or office. Also has loft at top of stairs. This Former Model Home includes beautiful upgrades, and is a one-owner home! The open concept floorplan features generous storage closets and pantry, granite countertops, stainless steel appliances, tile and wood floors throughout, and setup for home theater, surround sound, and security cameras. The exterior boasts a large deck for entertaining with extremely low maintenance beautifully landscaped yard complete with full irrigation system. The home is complemented with a concrete clay tile roof to complete the Mediterranean unique charm, and has a full gutter system. This private gated Presidio community is exceptionally located at 1604 and I-10, and so close to 281, popular shopping areas and restaurants (The Rim, La Cantera, Vineyard), UTSA, medical facilities, etc.). The neighborhood sidewalks, community pool, clubhouse, and jogging trails are a wonderful addition to enjoy.

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MARKET HIGHLIGHTS

  • 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: North San Antonio

ZipNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400k450k500k550k600k650kPrice in $86k692k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: North San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800190020002100Rent in $8452175

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Blattman Elementary School Primary Regular 570 37 10
Ed Rawlinson Middle School Middle Regular 1,152 67 6
Clark High School High Regular 2,815 160 8

Blattman Elementary School

  • Education Level: Primary
  • # of students: 570
  • # of teachers: 37
10
GreatSchools Rating

Ed Rawlinson Middle School

  • Education Level: Middle
  • # of students: 1,152
  • # of teachers: 67
6
GreatSchools Rating

Clark High School

  • Education Level: High
  • # of students: 2,815
  • # of teachers: 160
8
GreatSchools Rating
 

$283,950$347,050$315,500

PURCHASE PRICE

$2,133$2,607$2,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,370
EXPENSES Loan Payment -$1,164
Property Tax -$704
Property Insurance -$148
HOA -$70
Property Management Fees -$99
CASH FLOW
$184

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.

$315,500

PROJECTED PRICE

$2,370

PROJECTED RENT

0.75%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 4.5%
Maintenance Year (1-5) 8.00%
Vacancy 9.32%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$89,358

INVESTMENT

$89,358

Down Payment
$78,875
Rehab Estimate
$5,750
Closing Costs
$4,733

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,164

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $78,875
Loan Amount $236,625
See What Happens When You Reinvest Cash Flow

5.17

YEARS SAVED

$19,909

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,370

    LIST RENT
  • $1.13

    LIST RENT PER SQFT
  • $2,367

    COMP ESTIMATED VALUE
  • $1.13

    COMP AVG. RENT PER SQFT
Comps Range
$2,150
1$2,1502$2,2003$2,3004$2,3005$2,370
$2,370
RENT COMPS ANALYSIS
  • 17847 Camino Grande San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,099 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,099 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $2,370
    • $1.13
    •  
  • 3926 Woodbridge Way San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 2012 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 2012
    LEASED 12/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $1.08
    •  
  • 17910 Cielo Ct San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 2009 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 2009
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.11
    •  
  • 4302 Woodbridge Way San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 2008
    LEASED 06/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.16
    •  
  • 4219 Woodbridge Way San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,988 Sqft ∙ Built 2008
    LEASED 11/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.16
    •  
PROPERTY LISTING DETAILS
Mary Diliberto
1.210.473.1471
Re/max Preferred, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1499405
Last Updated: 12/12/2020
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