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 1971
- Price/Sqft : $128.86
- 7 Days on Market
- MLS # : 1495330
- Updated Date : 11/21/2020 at 16:07
CONSTRUCTION
- Beds : 3
- Floor Size : 1,296 sqft
- Baths : 2 full
Listing Agent
Phalanx Realty Group
Listing Agent's Description
NE Charmer!! Don't miss out.. It's getting pretty hard to find a quality home in this part of town under 200k.. The location can get you North to Austin in 40 minutes or downtown for an amazing lunch in 10 minutes. Great fresh cosmetics for a beginner home with room to grow!!
SEE MORE
- 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)
- 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)
PRICE & RENT TRENDS
Neighborhood: Hills of Park North
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Hills of Park North
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,210 |
| EXPENSES | Loan Payment | -$616 |
| Property Tax | -$373 | |
| Property Insurance | -$102 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$20
|
||
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.
$167,000
PROJECTED PRICE
$1,210
PROJECTED RENT
0.72%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 7.3% |
| 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
$50,005
LOAN DETAILS
$616
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $41,750 |
| Loan Amount | $125,250 |
3.33
YEARS SAVED
$5,454
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,210
LIST RENT -
$0.93
LIST RENT PER SQFT
-
$1,202
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
-
4239 Bayliss St San Antonio, TX 3
- 3 beds 2 baths ∙ 1,296 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,296 Sqft ∙ Built 1971
![property image]()
- Rent
- Rent Per SQFT
- $1,210
- $0.93
-
4331 Eagle Nest Dr San Antonio, TX 1
- 3 beds 2 baths ∙ 1,173 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,173 Sqft ∙ Built 1970
![property image]()
LEASED 01/24/20- Rent
- Rent Per SQFT
- $1,095
- $0.93
-
4231 Eagle Nest Dr San Antonio, TX 2
- 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1971
![property image]()
LEASED 07/14/20- Rent
- Rent Per SQFT
- $1,195
- $0.85
-
4434 Bayliss St San Antonio, TX 4
- 3 beds 2 baths ∙ 1,321 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,321 Sqft ∙ Built 1973
![property image]()
LEASED 01/07/20- Rent
- Rent Per SQFT
- $1,250
- $0.95
-
4219 Greystone Dr San Antonio, TX 5
- 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 1971
![property image]()
LEASED 09/30/20- Rent
- Rent Per SQFT
- $1,295
- $0.98
PROPERTY LISTING DETAILS
1.210.618.6924
Phalanx Realty Group
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1495330
Last Updated: 11/21/2020
