Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2005
- Price/Sqft : $113.05
- 2 Days on Market
- MLS # : 1510181
- Updated Date : 02/20/2021 at 15:56
CONSTRUCTION
- Beds : 3
- Floor Size : 1,548 sqft
- Baths : 1 full , 1 half
Listing Agent
Keller Williams City-view
Listing Agent's Description
Come view this charming, two-story home located in University Park! The large family room with tile flooring welcomes you along with a kitchen that has been updated with new countertops and stainless-steel appliances. Spacious primary bedroom has a large walk-in closet with shelving. 1.5 bathrooms. With no carpet throughout, all bedrooms boast beautiful wood laminate flooring and ceiling fans. Large, fenced-in backyard with trees is a perfect backdrop for that family BBQ. Easy access to highways, shopping, restaurants, St. Mary's and more!
SEE MORE
- 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)
- San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Third World
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Third World
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,290 |
| EXPENSES | Loan Payment | -$608 |
| Property Tax | -$391 | |
| Property Insurance | -$116 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$76
|
||
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.
$175,000
PROJECTED PRICE
$1,290
PROJECTED RENT
0.74%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 8.6% |
| 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
$52,125
LOAN DETAILS
$608
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $43,750 |
| Loan Amount | $131,250 |
4.5
YEARS SAVED
$7,682
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,290
LIST RENT -
$0.83
LIST RENT PER SQFT
-
$1,471
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
214 Havana Dr San Antonio, TX 1
- 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,548 Sqft ∙ Built 2005
- Rent
- Rent Per SQFT
- $1,290
- $0.83
-
5606 Mumford Path San Antonio, TX 2
- 3 beds 2 baths ∙ 1,514 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,514 Sqft ∙ Built 2011
LEASED 10/12/20- Rent
- Rent Per SQFT
- $1,395
- $0.92
-
5503 Degan Way San Antonio, TX 3
- 3 beds 2 baths ∙ 1,403 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,403 Sqft ∙ Built 2014
LEASED 06/22/20- Rent
- Rent Per SQFT
- $1,415
- $1.01
-
5519 Degan Way San Antonio, TX 4
- 3 beds 2 baths ∙ 1,403 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,403 Sqft ∙ Built 2014
LEASED 12/07/20- Rent
- Rent Per SQFT
- $1,415
- $1.01
-
2702 Telder Path San Antonio, TX 5
- 3 beds 3 baths ∙ 1,800 Sqft ∙ Built 2014 3 beds 3 baths ∙ 1,800 Sqft ∙ Built 2014
LEASED 12/07/20- Rent
- Rent Per SQFT
- $1,555
- $0.86
PROPERTY LISTING DETAILS
1.210.632.1290
Keller Williams City-view
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1510181
Last Updated: 02/20/2021
