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2123 Antsla Sands San Antonio, TX 78251

3 Beds 2 Baths 1,925 sqft Built 2011

$259,500

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

November 27, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $134.81
  • 3 Days on Market
  • MLS # : 1497071
  • Updated Date : 11/27/2020 at 16:37
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,925 sqft
  • Baths : 2 full
Listing Agent

Exp Realty Llc

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: West San Antonio

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $86k213k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Evers Elementary School Primary Regular 1,002 58 6
Jordan Middle School Middle Regular 1,353 78 5
Warren High School High Regular 3,052 176 7

Evers Elementary School

  • Education Level: Primary
  • # of students: 1,002
  • # of teachers: 58
6
GreatSchools Rating

Jordan Middle School

  • Education Level: Middle
  • # of students: 1,353
  • # of teachers: 78
5
GreatSchools Rating

Warren High School

  • Education Level: High
  • # of students: 3,052
  • # of teachers: 176
7
GreatSchools Rating
 

$233,550$285,450$259,500

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$957
Property Tax -$579
Property Insurance -$138
HOA -$38
Property Management Fees -$99
CASH FLOW
-$112

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.

$259,500

PROJECTED PRICE

$1,700

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

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

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$74,518

INVESTMENT

$74,518

Down Payment
$64,875
Rehab Estimate
$5,750
Closing Costs
$3,893

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$957

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $64,875
Loan Amount $194,625
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$2,377

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,700

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $1,694

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,6753$1,7004$1,7005$1,850
$1,850
RENT COMPS ANALYSIS
  • 2123 Antsla Sands San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2011
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.88
    •  
  • 8703 Jogeva Way San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2009
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.83
    •  
  • 2210 Loska Manor San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2009
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.87
    •  
  • 2319 Elva Forest San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,863 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,863 Sqft ∙ Built 2011
    LEASED 10/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.91
    •  
  • 8630 Lahemaa Falls San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,022 Sqft ∙ Built 2011 3 beds 3 baths ∙ 2,022 Sqft ∙ Built 2011
    LEASED 11/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.91
    •  
PROPERTY LISTING DETAILS
Carlos Villezcas
1.210.487.9956
Exp Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1497071
Last Updated: 11/27/2020
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