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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $76.98
- 2 Days on Market
- MLS # : 1499475
- Updated Date : 12/13/2020 at 02:45
CONSTRUCTION
- Beds : 5
- Floor Size : 2,585 sqft
- Baths : 2 full , 1 half
Listing Agent
Fathom Realty Llc
Listing Agent's Description
Come see this 5 bed, 2.5 bath home ready for you to make it your own. Open concept and plenty of space in this large, two-story home. Private backyard with no neighbors. Enjoy the community park and playground. One of the best locations in town. 2500+ sq. ft home for under $200K! Amazing value!!! Schedule your showing today.
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: North San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: North San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,700 |
| EXPENSES | Loan Payment | -$734 |
| Property Tax | -$526 | |
| Property Insurance | -$176 | |
| HOA | -$29 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$135
|
||
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.
$199,000
PROJECTED PRICE
$1,700
PROJECTED RENT
0.85%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.11% |
| Appreciation Year (1-5) | 4.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.32% |
| 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
$58,485
LOAN DETAILS
$734
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $49,750 |
| Loan Amount | $149,250 |
4.67
YEARS SAVED
$11,486
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,700
LIST RENT -
$0.66
LIST RENT PER SQFT
-
$1,784
COMP ESTIMATED VALUE -
$0.69
COMP AVG. RENT PER SQFT
Comps Range
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- Rent
- Rent Per SQFT
- $1,700
- $0.66
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14711 Boltmore Pass San Antonio, TX 1
- 4 beds 3 baths ∙ 2,535 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,535 Sqft ∙ Built 2003
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LEASED 10/29/20- Rent
- Rent Per SQFT
- $1,680
- $0.66
-
3622 Mill Meadow Dr San Antonio, TX 2
- 4 beds 3 baths ∙ 2,487 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,487 Sqft ∙ Built 2001
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LEASED 03/23/20- Rent
- Rent Per SQFT
- $1,695
- $0.68
-
2822 Bandbury Oak San Antonio, TX 4
- 4 beds 3 baths ∙ 2,667 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,667 Sqft ∙ Built 2003
![property image]()
LEASED 07/28/20- Rent
- Rent Per SQFT
- $1,795
- $0.67
-
13310 Alder Creek Dr San Antonio, TX 5
- 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 1988 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 1988
![property image]()
LEASED 04/20/20- Rent
- Rent Per SQFT
- $1,800
- $0.75
PROPERTY LISTING DETAILS
1.210.289.3276
Fathom Realty Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1499475
Last Updated: 12/13/2020
