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PROPERTY INFO
FACTS
- Single Family
- Built In 1985
- Price/Sqft : $136.48
- 2 Days on Market
- MLS # : 1500491
- Updated Date : 12/19/2020 at 19:34
CONSTRUCTION
- Beds : 3
- Floor Size : 1,513 sqft
- Baths : 2 full
Listing Agent
Coldwell Banker D'ann Harper
Listing Agent's Description
Welcome to your recently remodeled 3 bedroom 2 bath home in great northwest neighborhood. This 1 story home features 1 living area, 3 bedrooms, 2 baths, brick fireplace and many recent updates as of November 2020. Improvements include replaced roof, interior/exterior paint, kitchen cabinets and countertops, flooring throughout, bathroom tile and much more. Enjoy your backyard nestled among mature trees. Quiet neighborhood and lots of potential! Very convenient location!
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: 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 | $1,330 |
| EXPENSES | Loan Payment | -$762 |
| Property Tax | -$461 | |
| Property Insurance | -$114 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$106
|
||
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.
$206,500
PROJECTED PRICE
$1,330
PROJECTED RENT
0.64%
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
$60,473
LOAN DETAILS
$762
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $51,625 |
| Loan Amount | $154,875 |
1.25
YEARS SAVED
$1,618
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,330
LIST RENT -
$0.88
LIST RENT PER SQFT
-
$1,328
COMP ESTIMATED VALUE -
$0.88
COMP AVG. RENT PER SQFT
Comps Range
-
4739 Pleasant View San Antonio, TX 3
- 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 1985
- Rent
- Rent Per SQFT
- $1,330
- $0.88
-
13907 Woodbreeze St San Antonio, TX 1
- 3 beds 2 baths ∙ 1,550 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,550 Sqft ∙ Built 1982
LEASED 02/10/20- Rent
- Rent Per SQFT
- $1,295
- $0.84
-
13722 Landmark Hill San Antonio, TX 2
- 3 beds 2 baths ∙ 1,517 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,517 Sqft ∙ Built 1978
LEASED 04/17/20- Rent
- Rent Per SQFT
- $1,300
- $0.86
-
4427 Putting Green San Antonio, TX 4
- 3 beds 2 baths ∙ 1,462 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,462 Sqft ∙ Built 1985
LEASED 01/03/20- Rent
- Rent Per SQFT
- $1,350
- $0.92
-
13503 Bell Dr San Antonio, TX 5
- 3 beds 2 baths ∙ 1,518 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,518 Sqft ∙ Built 1980
LEASED 06/11/20- Rent
- Rent Per SQFT
- $1,350
- $0.89
PROPERTY LISTING DETAILS
1.210.269.6929
Coldwell Banker D'ann Harper
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1500491
Last Updated: 12/19/2020
