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PROPERTY INFO
FACTS
- Single Family
- Built In 2012
- Price/Sqft : $133.65
- 39 Days on Market
- MLS # : 1492102
- Updated Date : 12/04/2020 at 17:13
CONSTRUCTION
- Beds : 3
- Floor Size : 1,272 sqft
- Baths : 2 full
Listing Agent
Re/max Military City
Listing Agent's Description
This charming one-story move-in ready home located on a private cul-de-sac has a bright open floor concept with plenty of natural lighting. The living room welcomes you with crown molding and features an open living, kitchen, and dining area! The large primary bedroom features two spacious closets! What woman wouldn't love two closets! Step into a resort-style walk-in shower stall in the primary bath with exquisite tile design! Walk outside to the large covered patio that overlooks a spacious private yard! Perfect for barbeques and large enough to accommodate extra additions! Conveniently located just minutes away from 410 and I-10! Call us for more information! Same day showings available.
SEE MORE
- 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)
- 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).
PRICE & RENT TRENDS
Neighborhood: Lakeside
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Lakeside
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,180 |
EXPENSES | Loan Payment | -$627 |
Property Tax | -$380 | |
Property Insurance | -$101 | |
HOA | -$25 | |
Property Management Fees | -$99 | |
CASH FLOW
-$51
|
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.
$170,000
PROJECTED PRICE
$1,180
PROJECTED RENT
0.69%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.31% |
Appreciation Year (1-5) | 3.3% |
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
$50,800
LOAN DETAILS
$627
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $42,500 |
Loan Amount | $127,500 |
1.58
YEARS SAVED
$2,051
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,180
LIST RENT -
$0.93
LIST RENT PER SQFT
-
$1,177
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.210.784.6585
Re/max Military City
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1492102
Last Updated: 12/04/2020