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PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $175.39
- 5 Days on Market
- MLS # : 1499887
- Updated Date : 12/16/2020 at 13:57
CONSTRUCTION
- Beds : 3
- Floor Size : 1,881 sqft
- Baths : 2 full
Listing Agent
Exp Realty Llc
Listing Agent's Description
Welcome home to 1802 Ayleth Avenue in the Preserve at Castle Hills community. With 1,881 sqft of living space, this home has three bedrooms, two bathrooms, and a study/office! High ceilings and an open layout make this home perfect for entertaining-upgrades throughout, including beautiful wood laminate flooring, designer lighting, and fans, and built-in speakers. The kitchen has gorgeous granite countertops with an elegant tile backsplash and a large eat-in island. Double ovens and gas cooking make this gourmet kitchen a chef's dream kitchen. This gated neighborhood is right in the heart of San Antonio, with quick access to downtown, the airport, tons of shopping and dining options all around. Set up your showing today as this home will not last long at this great price!
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: Lockhill Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Lockhill Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,110 |
| EXPENSES | Loan Payment | -$1,217 |
| Property Tax | -$736 | |
| Property Insurance | -$136 | |
| HOA | -$50 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$128
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.
$329,900
PROJECTED PRICE
$2,110
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 8.7% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.54% |
| 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
$93,174
LOAN DETAILS
$1,217
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $82,475 |
| Loan Amount | $247,425 |
1.33
YEARS SAVED
$2,995
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,110
LIST RENT -
$1.12
LIST RENT PER SQFT
-
$1,886
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
1802 Ayleth Ave San Antonio, TX 3
- 3 beds 2 baths ∙ 1,881 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,881 Sqft ∙ Built 2015
![property image]()
- Rent
- Rent Per SQFT
- $2,110
- $1.12
-
11243 Ancient Coach San Antonio, TX 1
- 3 beds 3 baths ∙ 1,721 Sqft ∙ Built 2002 3 beds 3 baths ∙ 1,721 Sqft ∙ Built 2002
![property image]()
LEASED 11/16/20- Rent
- Rent Per SQFT
- $1,495
- $0.87
-
1719 Pinetum Dr San Antonio, TX 2
- 3 beds 2 baths ∙ 1,752 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,752 Sqft ∙ Built 1996
![property image]()
LEASED 10/15/20- Rent
- Rent Per SQFT
- $1,600
- $0.91
-
10710 Alys Way San Antonio, TX 4
- 3 beds 2 baths ∙ 1,978 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,978 Sqft ∙ Built 2015
![property image]()
LEASED 06/24/20- Rent
- Rent Per SQFT
- $2,200
- $1.11
-
10619 Ysamy Way San Antonio, TX 5
- 3 beds 2 baths ∙ 2,046 Sqft ∙ Built 2015 3 beds 2 baths ∙ 2,046 Sqft ∙ Built 2015
![property image]()
LEASED 08/21/20- Rent
- Rent Per SQFT
- $2,300
- $1.12
PROPERTY LISTING DETAILS
1.210.218.7801
Exp Realty Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1499887
Last Updated: 12/16/2020
