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PROPERTY INFO
FACTS
- Single Family
- Built In 1977
- Price/Sqft : $126.51
- 3 Days on Market
- MLS # : 1502268
- Updated Date : 01/10/2021 at 00:10
CONSTRUCTION
- Beds : 3
- Floor Size : 1,422 sqft
- Baths : 2 full
Listing Agent
Keller Williams Legacy
Listing Agent's Description
Charming one story home in Woodlake neighborhood. This home has great curb appeal and is located on a quiet cul de sac. Open concept floor plan has two living areas, perfect for entertaining! Cozy living area has fireplace and beautiful wood beam accents. Updated kitchen has stainless steel appliances (fridge included) and hand scraped wood look tile. Guest bathroom has updated paint, vanity and wood like tile. Sprawling master bedroom with walk in closet. All new carpet throughout home! Huge backyard is over 1/3 of an acre, very private and all flat! New HVAC in 2019! Roof, water heater and all kitchen appliances are 2016! Welcome home! Contact Ana Warmke: ana@lisasinn.com (210)240-5714
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: Woodlake
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Woodlake
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,270 |
| EXPENSES | Loan Payment | -$625 |
| Property Tax | -$402 | |
| Property Insurance | -$109 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$35
|
||
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.
$179,900
PROJECTED PRICE
$1,270
PROJECTED RENT
0.71%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 8.8% |
| 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
$53,424
LOAN DETAILS
$625
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $44,975 |
| Loan Amount | $134,925 |
3.5
YEARS SAVED
$5,309
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,270
LIST RENT -
$0.89
LIST RENT PER SQFT
-
$1,095
COMP ESTIMATED VALUE -
$0.77
COMP AVG. RENT PER SQFT
Comps Range
-
4551 Lakebend West Dr San Antonio, TX 5
- 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,422 Sqft ∙ Built 1977
![property image]()
- Rent
- Rent Per SQFT
- $1,270
- $0.89
-
4046 Indian Sunrise San Antonio, TX 1
- 3 beds 1 baths ∙ 1,320 Sqft ∙ Built 1983 3 beds 1 baths ∙ 1,320 Sqft ∙ Built 1983
![property image]()
LEASED 09/18/20- Rent
- Rent Per SQFT
- $1,015
- $0.77
-
6731 Stone Lake Dr San Antonio, TX 2
- 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1976
![property image]()
LEASED 07/30/20- Rent
- Rent Per SQFT
- $1,055
- $0.77
-
6739 Fairlake St San Antonio, TX 3
- 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 1978
![property image]()
LEASED 11/30/20- Rent
- Rent Per SQFT
- $1,075
- $0.75
-
4175 Sunrise Creek Dr San Antonio, TX 4
- 3 beds 1 baths ∙ 1,397 Sqft ∙ Built 1985 3 beds 1 baths ∙ 1,397 Sqft ∙ Built 1985
![property image]()
LEASED 08/14/20- Rent
- Rent Per SQFT
- $1,100
- $0.79
PROPERTY LISTING DETAILS
1.210.789.9617
Keller Williams Legacy
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1502268
Last Updated: 01/10/2021
