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PROPERTY INFO
FACTS
- Single Family
- Built In 1971
- Price/Sqft : $93.42
- 6 Days on Market
- MLS # : 1499853
- Updated Date : 12/16/2020 at 17:34
CONSTRUCTION
- Beds : 3
- Floor Size : 1,916 sqft
- Baths : 3 full
Listing Agent
Keller Williams Heritage
Listing Agent's Description
Move in ready and a great home to grow your family! Short Commute to Fort Sam and major highway. Dual master bedrooms! First master has a great walk in shower, both master baths have Bluetooth! Great eat in kitchen with 2 ovens, both are conventional.
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 | $1,370 |
| EXPENSES | Loan Payment | -$660 |
| Property Tax | -$400 | |
| Property Insurance | -$138 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$73
|
||
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.
$179,000
PROJECTED PRICE
$1,370
PROJECTED RENT
0.77%
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
$53,185
LOAN DETAILS
$660
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $44,750 |
| Loan Amount | $134,250 |
4.5
YEARS SAVED
$9,028
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,370
LIST RENT -
$0.72
LIST RENT PER SQFT
-
$1,432
COMP ESTIMATED VALUE -
$0.75
COMP AVG. RENT PER SQFT
Comps Range
-
5894 Castle Run San Antonio, TX 4
- 3 beds 3 baths ∙ 1,916 Sqft ∙ Built 1971 3 beds 3 baths ∙ 1,916 Sqft ∙ Built 1971
- Rent
- Rent Per SQFT
- $1,370
- $0.72
-
4407 Misty Springs Dr San Antonio, TX 1
- 3 beds 2 baths ∙ 1,663 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,663 Sqft ∙ Built 1983
LEASED 04/17/20- Rent
- Rent Per SQFT
- $1,197
- $0.72
-
5807 Woodhill San Antonio, TX 2
- 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1971 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1971
LEASED 06/22/20- Rent
- Rent Per SQFT
- $1,200
- $0.75
-
5531 Merlin Dr San Antonio, TX 3
- 4 beds 2 baths ∙ 1,888 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,888 Sqft ∙ Built 1968
LEASED 02/28/20- Rent
- Rent Per SQFT
- $1,345
- $0.71
-
6818 Blue Lake Dr San Antonio, TX 5
- 4 beds 3 baths ∙ 1,755 Sqft ∙ Built 1972 4 beds 3 baths ∙ 1,755 Sqft ∙ Built 1972
LEASED 09/30/19- Rent
- Rent Per SQFT
- $1,425
- $0.81
PROPERTY LISTING DETAILS
1.210.897.9074
Keller Williams Heritage
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1499853
Last Updated: 12/16/2020
