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PROPERTY INFO
FACTS
- Single Family
- Built In 2004
- Price/Sqft : $149.20
- 2 Days on Market
- MLS # : 1514036
- Updated Date : 03/13/2021 at 12:16
CONSTRUCTION
- Beds : 3
- Floor Size : 1,741 sqft
- Baths : 2 full
Listing Agent
Era Troy, Realtors
Listing Agent's Description
CHARMING NEWER ('04) SINGLE STORY ON NORTHERN HILLS GOLF COURSE (#13 FAIRWAY, LOVELY VIEWS). OPEN/HI-CEILING FLOOR PLAN WITH A HUGE COVERED PATIO (21' x 19') on MONOLITHIC SLAB & ADJACENT WOOD DECK W/BENCHES (20' x 14'). GREAT BACKYARD ON THE COURSE. WOW! WOOD BURNING FIREPLACE. NO CARPET: WOOD FLOORING IN BEDROOMS, TILE ELSEWHERE. BRITE/OPEN KITCHEN W/GRANITE COUNTERS, PLENTY OF CABINETS. LOTS OF WINDOWS. HUGE OVERSIZED 2 CAR/+GOLF CART GARAGE. MORE RECENT IMPROVEMENTS: HVAC, ROOF, TANK-LESS WATER HEATER. OTHER: LAUNDRY W/SINK, RECESSED LIGHTING, SIX-PANEL DOORS, CROWN MOLDING (FOYER), EXTERIOR LIGHTING, EVEN A DOGGIE DOOR! SUPER VALUE! WILL SELL QUICKLY!
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: Northern Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Northern Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,590 |
| EXPENSES | Loan Payment | -$902 |
| Property Tax | -$580 | |
| Property Insurance | -$128 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$119
|
||
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.
$259,750
PROJECTED PRICE
$1,590
PROJECTED RENT
0.61%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 6.3% |
| 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
$74,584
LOAN DETAILS
$902
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $64,938 |
| Loan Amount | $194,813 |
1.25
YEARS SAVED
$1,677
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,590
LIST RENT -
$0.91
LIST RENT PER SQFT
-
$1,663
COMP ESTIMATED VALUE -
$0.96
COMP AVG. RENT PER SQFT
Comps Range
-
4010 Stahl Rd San Antonio, TX 3
- 3 beds 2 baths ∙ 1,741 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,741 Sqft ∙ Built 2004
![property image]()
- Rent
- Rent Per SQFT
- $1,590
- $0.91
-
13631 Auburn Oaks San Antonio, TX 1
- 3 beds 2 baths ∙ 1,544 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,544 Sqft ∙ Built 1999
![property image]()
LEASED 09/09/20- Rent
- Rent Per SQFT
- $1,520
- $0.98
-
4527 Stradford Pl San Antonio, TX 2
- 3 beds 2 baths ∙ 1,702 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,702 Sqft ∙ Built 1993
![property image]()
LEASED 06/27/20- Rent
- Rent Per SQFT
- $1,550
- $0.91
-
3506 Mistic Grove San Antonio, TX 4
- 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,677 Sqft ∙ Built 1991
![property image]()
LEASED 06/11/20- Rent
- Rent Per SQFT
- $1,595
- $0.95
-
12658 Thistle Down San Antonio, TX 5
- 3 beds 2 baths ∙ 1,680 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,680 Sqft ∙ Built 1991
![property image]()
LEASED 02/02/21- Rent
- Rent Per SQFT
- $1,650
- $0.98
PROPERTY LISTING DETAILS
1.210.827.4444
Era Troy, Realtors
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1514036
Last Updated: 03/13/2021
