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PROPERTY INFO
FACTS
- Single Family
- Built In 1996
- Price/Sqft : $133.63
- 82 Days on Market
- MLS # : 1490471
- Updated Date : 01/08/2021 at 22:24
CONSTRUCTION
- Beds : 3
- Floor Size : 2,432 sqft
- Baths : 2 full , 1 half
Listing Agent
Texas Ally Real Estate Group
Listing Agent's Description
*********OPEN HOUSE ON SATURDAY01/09/2021 (1-3 PM)********* Best location in town, Gated community, Very convenient to all Shops, Medical center, Close from USAA, Few minutes from Six flag, La Cantera Mall, Rim shopping, Close to Loop 1604 and HWY IH 10. New paint, Just few years old roof, AC water heater in good shape,
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: Woodland Park
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Woodland Park
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,970 |
EXPENSES | Loan Payment | -$1,129 |
Property Tax | -$726 | |
Property Insurance | -$167 | |
HOA | -$59 | |
Property Management Fees | -$99 | |
CASH FLOW
-$210
|
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.
$325,000
PROJECTED PRICE
$1,970
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
$91,875
LOAN DETAILS
$1,129
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 3.75% |
Down Payment | $81,250 |
Loan Amount | $243,750 |
0.58
YEARS SAVED
$750
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,970
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$2,012
COMP ESTIMATED VALUE -
$0.83
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.210.777.7511
Texas Ally Real Estate Group
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1490471
Last Updated: 01/08/2021