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PROPERTY INFO
FACTS
- Single Family
- Built In 2021
- Price/Sqft : $150.62
- 2 Days on Market
- MLS # : 1545194
- Updated Date : 07/13/2021 at 01:34
CONSTRUCTION
- Beds : 4
- Floor Size : 2,587 sqft
- Baths : 3 full , 1 half
Listing Agent
Fraire Realty Group, Inc.
Listing Agent's Description
2587 sqft Liberty Home Builders, Sullivan Plan, 4 bedrooms, 2.5 baths, large gameroom, master downstairs with bay window and spa shower, covered patio, recessed led lighting, island kitchen, walking pantry, gas range, mud bench, good size secondary rooms all with walk-in closets, large utility room, walking distance to community pool, king and biking trails, new elementary school within the community, come out and see what our Sullivan Plan has to offer you.
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
Zip Code: 78245
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 78245
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,170 |
| EXPENSES | Loan Payment | -$1,353 |
| Property Tax | -$870 | |
| Property Insurance | -$176 | |
| HOA | -$56 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$384
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 12% of earned rent to cover both maintenance and periods of vacancy.
$389,664
PROJECTED PRICE
$2,170
PROJECTED RENT
0.56%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 3.7% |
| Maintenance Year (1-5) | 3.00% |
| 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
$105,261
LOAN DETAILS
$1,353
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $97,416 |
| Loan Amount | $292,248 |
0.25
YEARS SAVED
$73
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,170
LIST RENT -
$0.84
LIST RENT PER SQFT
-
$2,160
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
2764 Barkey Springs San Antonio, TX 4
- 4 beds 4 baths ∙ 2,587 Sqft ∙ Built 2021 4 beds 4 baths ∙ 2,587 Sqft ∙ Built 2021
- Rent
- Rent Per SQFT
- $2,170
- $0.84
-
2427 Valencia Crest San Antonio, TX 1
- 5 beds 3 baths ∙ 2,629 Sqft ∙ Built 2019 5 beds 3 baths ∙ 2,629 Sqft ∙ Built 2019
LEASED 12/04/20- Rent
- Rent Per SQFT
- $1,950
- $0.74
-
15002 Costa Leon San Antonio, TX 2
- 4 beds 3 baths ∙ 2,397 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,397 Sqft ∙ Built 2018
LEASED 08/31/20- Rent
- Rent Per SQFT
- $1,995
- $0.83
-
2543 Golden Rain San Antonio, TX 3
- 4 beds 3 baths ∙ 2,450 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,450 Sqft ∙ Built 2016
LEASED 08/29/20- Rent
- Rent Per SQFT
- $2,075
- $0.85
-
2842 Tortuga Verde San Antonio, TX 5
- 4 beds 2 baths ∙ 2,704 Sqft ∙ Built 2016 4 beds 2 baths ∙ 2,704 Sqft ∙ Built 2016
LEASED 06/04/21- Rent
- Rent Per SQFT
- $2,500
- $0.92
PROPERTY LISTING DETAILS
1.210.315.7955
Fraire Realty Group, Inc.
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1545194
Last Updated: 07/13/2021
