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PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $100.75
- 2 Days on Market
- MLS # : 1504416
- Updated Date : 01/16/2021 at 23:30
CONSTRUCTION
- Beds : 5
- Floor Size : 2,679 sqft
- Baths : 3 full , 1 half
Listing Agent
Coldwell Banker D'ann Harper
Listing Agent's Description
Move-in ready 5 bedroom 3.5 bath home in the family friendly neighborhood of Laurel Mountain Ranch. This home offers space for everyone in the family! Home features water softener, separate dining room, island kitchen w/breakfast bar, stainless steel appliances, and plenty of counter/cabinet space for storage. Downstairs master bedroom offers large walk-in closet, dual vanity, & separate shower/tub. 4 bedrooms with 2 full baths & huge game room upstairs. Covered rear patio makes outdoor entertaining a breeze! Greenbelt lot adds extra privacy. Schedule your showing today!
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 | $1,840 |
| EXPENSES | Loan Payment | -$937 |
| Property Tax | -$603 | |
| Property Insurance | -$182 | |
| HOA | -$33 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$14
|
||
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.
$269,900
PROJECTED PRICE
$1,840
PROJECTED RENT
0.68%
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
$77,274
LOAN DETAILS
$937
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $67,475 |
| Loan Amount | $202,425 |
2.5
YEARS SAVED
$4,841
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,840
LIST RENT -
$0.69
LIST RENT PER SQFT
-
$1,842
COMP ESTIMATED VALUE -
$0.69
COMP AVG. RENT PER SQFT
Comps Range
-
2015 Emerald Edge San Antonio, TX 3
- 5 beds 4 baths ∙ 2,679 Sqft ∙ Built 2016 5 beds 4 baths ∙ 2,679 Sqft ∙ Built 2016
- Rent
- Rent Per SQFT
- $1,840
- $0.69
-
11523 N Peak San Antonio, TX 1
- 5 beds 4 baths ∙ 2,648 Sqft ∙ Built 2013 5 beds 4 baths ∙ 2,648 Sqft ∙ Built 2013
LEASED 11/06/20- Rent
- Rent Per SQFT
- $1,825
- $0.69
-
11506 Fort Smith San Antonio, TX 2
- 5 beds 4 baths ∙ 2,657 Sqft ∙ Built 2012 5 beds 4 baths ∙ 2,657 Sqft ∙ Built 2012
LEASED 12/18/20- Rent
- Rent Per SQFT
- $1,825
- $0.69
-
1811 Cool Breeze San Antonio, TX 4
- 5 beds 4 baths ∙ 2,807 Sqft ∙ Built 2013 5 beds 4 baths ∙ 2,807 Sqft ∙ Built 2013
LEASED 07/17/20- Rent
- Rent Per SQFT
- $1,850
- $0.66
-
11731 Verdis Valley San Antonio, TX 5
- 5 beds 4 baths ∙ 2,679 Sqft ∙ Built 2017 5 beds 4 baths ∙ 2,679 Sqft ∙ Built 2017
LEASED 06/18/20- Rent
- Rent Per SQFT
- $1,900
- $0.71
PROPERTY LISTING DETAILS
1.210.372.2035
Coldwell Banker D'ann Harper
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1504416
Last Updated: 01/16/2021
