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PROPERTY INFO
FACTS
- Single Family
- Built In 1973
- Price/Sqft : $130.89
- 5 Days on Market
- MLS # : 1500936
- Updated Date : 12/23/2020 at 19:03
CONSTRUCTION
- Beds : 3
- Floor Size : 1,337 sqft
- Baths : 2 full
Listing Agent
Dillingham & Toone Real Estate
Listing Agent's Description
Enchanting 3 bedroom 2 bathroom home, nestled away in the Northeast side of San Antonio. Enter your mini-castle through a secure, enclosed courtyard which hosts a wonderful garden area, ready for your plants of choice. Walk into two large livings areas with high ceilings throughout the home. Lovely kitchen accompanied with a dining area and a breakfast bar. Traverse down the hallway to find your Master bed/bath, 2 secondary bedrooms, updated guest bathroom, and two storage closets. Walk out back to entertain your guest under your large covered patio with an attached bar leading from the kitchen and show off your green grass and fruit trees. Refrigerator, washer, dryer, couches, bed, new washer in garage all convey. NEISD school district. Welcome home!
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: Valencia
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Valencia
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,200 |
| EXPENSES | Loan Payment | -$646 |
| Property Tax | -$391 | |
| Property Insurance | -$104 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$40
|
||
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.
$175,000
PROJECTED PRICE
$1,200
PROJECTED RENT
0.69%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 6.9% |
| 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
$52,125
LOAN DETAILS
$646
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $43,750 |
| Loan Amount | $131,250 |
2.08
YEARS SAVED
$2,767
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,200
LIST RENT -
$0.9
LIST RENT PER SQFT
-
$1,217
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
-
5234 La Posita St San Antonio, TX 4
- 3 beds 2 baths ∙ 1,337 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,337 Sqft ∙ Built 1973
![property image]()
- Rent
- Rent Per SQFT
- $1,200
- $0.90
-
4810 Wordsworth St San Antonio, TX 1
- 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 1972
![property image]()
LEASED 06/14/20- Rent
- Rent Per SQFT
- $1,125
- $0.95
-
4920 Champlain Dr San Antonio, TX 2
- 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1982
![property image]()
LEASED 09/24/20- Rent
- Rent Per SQFT
- $1,195
- $0.96
-
4927 Dare Ln San Antonio, TX 3
- 3 beds 2 baths ∙ 1,383 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,383 Sqft ∙ Built 1982
![property image]()
LEASED 07/14/20- Rent
- Rent Per SQFT
- $1,200
- $0.87
-
13123 Larklair St San Antonio, TX 5
- 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 1974
![property image]()
LEASED 06/19/20- Rent
- Rent Per SQFT
- $1,295
- $0.86
PROPERTY LISTING DETAILS
1.210.328.0521
Dillingham & Toone Real Estate
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1500936
Last Updated: 12/23/2020
