Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $112.10
- 3 Days on Market
- MLS # : 1499402
- Updated Date : 12/12/2020 at 05:20
CONSTRUCTION
- Beds : 4
- Floor Size : 1,918 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Heritage
Listing Agent's Description
Great home in Blue Rock Springs with lots to offer including all new interior paint, all new carpet upstairs, and new flooring in master bath. You will love this floor plan with its tall entryway filled with natural light that leads you into a spacious living area with wood laminate floors that opens to a good-sized kitchen. Separate dining room could also be used as a home office. Upstairs you will find a spacious master with a dual vanity bathroom and large walk-in closet. Three secondary bedrooms with one that has the option to be converted into an open game room. Fridge, washer, and dryer are all included! Big backyard great for those looking for space for pets or to enjoy time outside, plus a covered patio and covered front porch. You will love the community of Blue Rock Springs with its walking trails and playgrounds and a location that is minutes away from Loop 410 and other major highways. Come fall in love and take a tour 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: Southeast San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Southeast San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,560 |
| EXPENSES | Loan Payment | -$793 |
| Property Tax | -$480 | |
| Property Insurance | -$138 | |
| HOA | -$38 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$13
|
||
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.
$215,000
PROJECTED PRICE
$1,560
PROJECTED RENT
0.73%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 1.6% |
| 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
$62,725
LOAN DETAILS
$793
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $53,750 |
| Loan Amount | $161,250 |
2.67
YEARS SAVED
$5,648
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,560
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$1,515
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
-
5947 Smoky Quartz San Antonio, TX 5
- 4 beds 3 baths ∙ 1,918 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,918 Sqft ∙ Built 2007
![property image]()
- Rent
- Rent Per SQFT
- $1,560
- $0.81
-
3935 Southern Bluff San Antonio, TX 1
- 4 beds 3 baths ∙ 1,881 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,881 Sqft ∙ Built 2007
![property image]()
LEASED 01/02/20- Rent
- Rent Per SQFT
- $1,429
- $0.76
-
5923 Pearl Pass San Antonio, TX 2
- 3 beds 2 baths ∙ 1,894 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,894 Sqft ∙ Built 2012
![property image]()
LEASED 05/27/20- Rent
- Rent Per SQFT
- $1,475
- $0.78
-
5903 Imperial Topaz San Antonio, TX 3
- 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,895 Sqft ∙ Built 2006
![property image]()
LEASED 06/17/19- Rent
- Rent Per SQFT
- $1,525
- $0.80
-
5907 Pearl Pass San Antonio, TX 4
- 3 beds 2 baths ∙ 1,882 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,882 Sqft ∙ Built 2013
![property image]()
LEASED 02/10/20- Rent
- Rent Per SQFT
- $1,550
- $0.82
PROPERTY LISTING DETAILS
1.210.865.6129
Keller Williams Heritage
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1499402
Last Updated: 12/12/2020
