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21214 Villa Barbaro San Antonio, TX 78259

3 Beds 2 Baths 1,642 sqft Built 2011

$263,500

List Price

$1,860

$1.7K - $2K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $160.48
  • 2 Days on Market
  • MLS # : 1505680
  • Updated Date : 01/23/2021 at 21:55
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,642 sqft
  • Baths : 2 full
Listing Agent

Sullivan Hill Country Prop.

Listing Agent's Description

Rare find!! Former model , "green home" in exclusive gated community near Johnson High School, one story, open floor plan, tile flooring throughout. (2nd & 3rd bedrooms have hardwood floors) Enjoy low energy bills with solar panels (100% paid for) car charger in garage, no carpet, USB port in kitchen, compost bin, rain reservoir, private backyard, this home does not backup to another home, decking, underground irrigation system, security system w/cameras, heat pump has humidifier. Close by Village Shopping center, many eateries & HEB Plus at Evans Rd. This one won't last long!!

SEE MORE

MARKET HIGHLIGHTS

  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • 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)

PRICE & RENT TRENDS

Neighborhood: North San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $86k298k

* 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
Roan Forest Elementary School Primary Regular 778 47 10
Tejeda Middle School Middle Regular 1,175 64 9
Johnson High School High Regular 2,945 151 9

Roan Forest Elementary School

  • Education Level: Primary
  • # of students: 778
  • # of teachers: 47
10
GreatSchools Rating

Tejeda Middle School

  • Education Level: Middle
  • # of students: 1,175
  • # of teachers: 64
9
GreatSchools Rating

Johnson High School

  • Education Level: High
  • # of students: 2,945
  • # of teachers: 151
9
GreatSchools Rating
 

$237,150$289,850$263,500

PURCHASE PRICE

$1,674$2,046$1,860

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,860
EXPENSES Loan Payment -$915
Property Tax -$588
Property Insurance -$122
HOA -$54
Property Management Fees -$99
CASH FLOW
$81

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.

$263,500

PROJECTED PRICE

$1,860

PROJECTED RENT

0.71%

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$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$75,578

INVESTMENT

$75,578

Down Payment
$65,875
Rehab Estimate
$5,750
Closing Costs
$3,953

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$915

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $65,875
Loan Amount $197,625
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$8,728

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,860

    LIST RENT
  • $1.13

    LIST RENT PER SQFT
  • $1,502

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5753$1,6954$1,7505$1,860
$1,860
RENT COMPS ANALYSIS
  • 21214 Villa Barbaro San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,642 Sqft ∙ Built 2011
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,860
    • $1.13
    •  
  • 2910 Encino River San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,578 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,578 Sqft ∙ Built 2002
    property image
    LEASED 12/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.95
    •  
  • 2812 Encino Woods San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,818 Sqft ∙ Built 2002 3 beds 3 baths ∙ 1,818 Sqft ∙ Built 2002
    property image
    LEASED 05/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.87
    •  
  • 2810 Encino Forest San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,863 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,863 Sqft ∙ Built 2003
    property image
    LEASED 07/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.91
    •  
  • 21902 Tower Terrace San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,880 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,880 Sqft ∙ Built 2007
    property image
    LEASED 01/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.93
    •  
PROPERTY LISTING DETAILS
Justin Sullivan
1.210.725.5201
Sullivan Hill Country Prop.
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1505680
Last Updated: 01/23/2021
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