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INVESTimate
$225,000
List Price
$65,375
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 2005
- Price/Sqft : $142.50
- 3 Days on Market
- MLS # : 1479103
- Updated Date : 08/25/2020 at 02:31
CONSTRUCTION
- Beds : 3
- Floor Size : 1,579 sqft
- Baths : 2 full
Listing Agent
S. Porter Group Llc
Listing Agent's Description
Gorgeously maintained beauty in the front section of Amhurst! Tall 9' ceilings, laminate wood in living, tiled wet areas. Master suite has walk-in closet, separate tub and shower with a double vanity! Large kitchen has stainless appliances and new granite installed! A covered patio with speakers, oversized greenbelt lot and sprinkler system make this home perfect for entertaining! Neighborhood pool and playscape just two blocks away!
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: 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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,460 |
EXPENSES | Loan Payment | -$830 |
Property Tax | -$502 | |
Property Insurance | -$118 | |
HOA | -$29 | |
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.
$225,000
PROJECTED PRICE
$1,460
PROJECTED RENT
0.65%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.41% |
Appreciation Year (1-5) | 3.90% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 9.02% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$65,375
LOAN DETAILS
$830
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $56,250 |
Loan Amount | $168,750 |
1.17
YEARS SAVED
$1,578
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.92
LIST RENT PER SQFT
-
$1,457
COMP ESTIMATED VALUE -
$0.92
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.210.325.5687
S. Porter Group Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1479103
Last Updated: 08/25/2020