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PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $116.49
- 3 Days on Market
- MLS # : 1512750
- Updated Date : 03/07/2021 at 03:05
CONSTRUCTION
- Beds : 3
- Floor Size : 2,189 sqft
- Baths : 2 full , 1 half
Listing Agent
Rebate Haus, Llc
Listing Agent's Description
This 2-story home features 3 bedrooms, 2 1/2 bathrooms, and a 2 car garage in the Champions Manor neighborhood. With 2,189 sqft of living space, this house is the perfect home to grow into. Conveniently located next to Lackland and Medina Training Annex, 25 minutes from downtown, and 12 minutes from Sea World --convenient for any visitors you may have coming around. Ready to visit this home? Schedule your appointment today!
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: West San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: West San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,640 |
| EXPENSES | Loan Payment | -$886 |
| Property Tax | -$569 | |
| Property Insurance | -$153 | |
| HOA | -$18 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$85
|
||
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.
$255,000
PROJECTED PRICE
$1,640
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$73,325
LOAN DETAILS
$886
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $63,750 |
| Loan Amount | $191,250 |
1.42
YEARS SAVED
$2,240
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,640
LIST RENT -
$0.75
LIST RENT PER SQFT
-
$1,658
COMP ESTIMATED VALUE -
$0.76
COMP AVG. RENT PER SQFT
Comps Range
-
3222 Storm Watch San Antonio, TX 1
- 3 beds 2 baths ∙ 2,189 Sqft ∙ Built 2016 3 beds 2 baths ∙ 2,189 Sqft ∙ Built 2016
![property image]()
- Rent
- Rent Per SQFT
- $1,640
- $0.75
-
11337 Top Hat San Antonio, TX 2
- 4 beds 3 baths ∙ 2,268 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,268 Sqft ∙ Built 2017
![property image]()
LEASED 03/19/20- Rent
- Rent Per SQFT
- $1,650
- $0.73
-
11307 Decidedly San Antonio, TX 3
- 3 beds 3 baths ∙ 2,200 Sqft ∙ Built 2015 3 beds 3 baths ∙ 2,200 Sqft ∙ Built 2015
![property image]()
LEASED 03/02/21- Rent
- Rent Per SQFT
- $1,745
- $0.79
-
11315 Applejack San Antonio, TX 4
- 3 beds 3 baths ∙ 2,350 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,350 Sqft ∙ Built 2016
![property image]()
LEASED 09/09/20- Rent
- Rent Per SQFT
- $1,750
- $0.74
-
3310 Battlecry San Antonio, TX 5
- 3 beds 3 baths ∙ 2,266 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,266 Sqft ∙ Built 2017
![property image]()
LEASED 12/28/20- Rent
- Rent Per SQFT
- $1,750
- $0.77
PROPERTY LISTING DETAILS
1.210.404.7724
Rebate Haus, Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1512750
Last Updated: 03/07/2021
