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PROPERTY INFO
FACTS
- Single Family
- Built In 1971
- Price/Sqft : $105.91
- 4 Days on Market
- MLS # : 1503967
- Updated Date : 01/15/2021 at 14:57
CONSTRUCTION
- Beds : 4
- Floor Size : 1,557 sqft
- Baths : 2 full
Listing Agent
Rebate Haus, Llc
Listing Agent's Description
This 1-story home features 4 bedrooms, 2 bathrooms, and a 1-car garage. With 1557 sq.ft of living space, come retreat to the cozy quarters of this home! Conveniently located just 6 minutes away from your local HEB and 10 minutes from Kardon Park for your outdoor "walk in the park" leisure, this home is perfectly located in the center of all your essential locations: San Antonio airport is 18 minutes away, the Riverwalk just 15 minutes, and the nearest hospital is Christus Santa Rosa which is 18 minutes up 410.This property has a variety of fruit tree's AND a water softener! Ready to come see this home? Schedule your appointment 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: East Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: East Village
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,290 |
| EXPENSES | Loan Payment | -$573 |
| Property Tax | -$368 | |
| Property Insurance | -$125 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$125
|
||
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.
$164,900
PROJECTED PRICE
$1,290
PROJECTED RENT
0.78%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 5.6% |
| 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
$49,449
LOAN DETAILS
$573
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $41,225 |
| Loan Amount | $123,675 |
6.17
YEARS SAVED
$10,901
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,290
LIST RENT -
$0.76
LIST RENT PER SQFT
-
$1,386
COMP ESTIMATED VALUE -
$0.82
COMP AVG. RENT PER SQFT
Comps Range
-
5806 Castle Run San Antonio, TX 3
- 4 beds 2 baths ∙ 1,700 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,700 Sqft ∙ Built 1971
![property image]()
- Rent
- Rent Per SQFT
- $1,290
- $0.76
-
7442 Castle Trail Dr San Antonio, TX 1
- 3 beds 2 baths ∙ 1,407 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,407 Sqft ∙ Built 1969
![property image]()
LEASED 06/29/20- Rent
- Rent Per SQFT
- $1,195
- $0.85
-
5807 Woodhill San Antonio, TX 2
- 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1971 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1971
![property image]()
LEASED 06/22/20- Rent
- Rent Per SQFT
- $1,200
- $0.75
-
5806 Woodgreen San Antonio, TX 4
- 3 beds 2 baths ∙ 1,499 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,499 Sqft ∙ Built 1971
![property image]()
LEASED 08/21/20- Rent
- Rent Per SQFT
- $1,350
- $0.90
-
5607 Sir Gareth Dr San Antonio, TX 5
- 4 beds 2 baths ∙ 2,024 Sqft ∙ Built 1972 4 beds 2 baths ∙ 2,024 Sqft ∙ Built 1972
![property image]()
LEASED 01/04/21- Rent
- Rent Per SQFT
- $1,535
- $0.76
PROPERTY LISTING DETAILS
1.830.660.1004
Rebate Haus, Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1503967
Last Updated: 01/15/2021
