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PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $133.27
- 4 Days on Market
- MLS # : 1502720
- Updated Date : 01/07/2021 at 21:46
CONSTRUCTION
- Beds : 3
- Floor Size : 1,500 sqft
- Baths : 2 full , 1 half
Listing Agent
Home Team Of America
Listing Agent's Description
Location! Location! Location! Come see this beautifully remodeled home located off of Marbach and 1604 at US HWY 90 in Bexar County. No CITY TAX. Home is located by NW Vista College, several major shopping areas, businesses and Seaworld. This family home an open floor plan, new paint, updated fixtures, new flooring, 1 car garage, master bedroom has an oversized walk-in closet, master bath, upstairs bathroom both have dual shower & tub. Come see this beautiful home priced under $200,000 in Big Country Subdivision. New Roof will be installed prior to closing and funding with full price offer.
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: Village at Big Country
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Village at Big Country
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,330 |
| EXPENSES | Loan Payment | -$694 |
| Property Tax | -$446 | |
| Property Insurance | -$114 | |
| HOA | -$9 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$32
|
||
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.
$199,900
PROJECTED PRICE
$1,330
PROJECTED RENT
0.67%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 3.7% |
| 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
$58,724
LOAN DETAILS
$694
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $49,975 |
| Loan Amount | $149,925 |
2.08
YEARS SAVED
$2,672
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,330
LIST RENT -
$0.89
LIST RENT PER SQFT
-
$1,331
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
-
2418 Westgard Pass San Antonio, TX 3
- 3 beds 3 baths ∙ 1,500 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,500 Sqft ∙ Built 1995
- Rent
- Rent Per SQFT
- $1,330
- $0.89
-
11423 Jarbo Pass Dr San Antonio, TX 1
- 3 beds 2 baths ∙ 1,326 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,326 Sqft ∙ Built 1985
LEASED 10/18/20- Rent
- Rent Per SQFT
- $1,200
- $0.90
-
3122 Buffalo Pass Dr San Antonio, TX 2
- 3 beds 3 baths ∙ 1,458 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,458 Sqft ∙ Built 1985
LEASED 12/27/20- Rent
- Rent Per SQFT
- $1,300
- $0.89
-
2730 Bear Springs Dr San Antonio, TX 4
- 3 beds 2 baths ∙ 1,582 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,582 Sqft ∙ Built 1985
LEASED 05/03/20- Rent
- Rent Per SQFT
- $1,350
- $0.85
-
2626 Gato Del Sol San Antonio, TX 5
- 4 beds 2 baths ∙ 1,651 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,651 Sqft ∙ Built 2006
LEASED 08/19/20- Rent
- Rent Per SQFT
- $1,495
- $0.91
PROPERTY LISTING DETAILS
1.210.663.6706
Home Team Of America
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1502720
Last Updated: 01/07/2021
