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PROPERTY INFO
FACTS
- Single Family
- Built In 1978
- Price/Sqft : $138.33
- 2 Days on Market
- MLS # : 1545171
- Updated Date : 07/12/2021 at 22:39
CONSTRUCTION
- Beds : 3
- Floor Size : 1,547 sqft
- Baths : 2 full
Listing Agent
210 Realty Group Llc
Listing Agent's Description
Beautifully maintained 3/2/2 one story home on a large corner lot in Seneca Estates*Laminate Floors in Living, Dining, Kitchen and Hallway*Brick Fireplace with Gas Logs in Living Room*Recent Interior Paint*Refrigerator, Washer & Dryer are Included*Four sides Brick & Stucco Exterior*Extended Driveway with concrete ramp entrance to home is an added Bonus*Enjoy the outdoors on cool evenings sitting on your Large 27 X 7 foot Front Porch*Spacious, Level Back Yard*Privacy Fence*Storage Shed*Ideal location minutes from Loop 410, and with quick access to South Texas Medical Center, USAA, Shopping, and Dining. Showings begin Thursday, July 15, 2021
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: Seneca-Sun Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Seneca-Sun Valley
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,540 |
| EXPENSES | Loan Payment | -$743 |
| Property Tax | -$476 | |
| Property Insurance | -$116 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$106
|
||
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.
$214,000
PROJECTED PRICE
$1,540
PROJECTED RENT
0.72%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 7.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.02% |
| 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
$62,460
LOAN DETAILS
$743
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $53,500 |
| Loan Amount | $160,500 |
5.25
YEARS SAVED
$11,822
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,540
LIST RENT -
$1
LIST RENT PER SQFT
-
$1,551
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
6203 Sun Hollow Leon Valley, TX 4
- 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1978
![property image]()
- Rent
- Rent Per SQFT
- $1,540
- $1.00
-
7006 Forest Moss St San Antonio, TX 1
- 3 beds 2 baths ∙ 1,558 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,558 Sqft ∙ Built 1972
![property image]()
LEASED 11/24/20- Rent
- Rent Per SQFT
- $1,450
- $0.93
-
5722 Ben Casey Dr San Antonio, TX 2
- 3 beds 2 baths ∙ 1,352 Sqft ∙ Built 1965 3 beds 2 baths ∙ 1,352 Sqft ∙ Built 1965
![property image]()
LEASED 03/04/21- Rent
- Rent Per SQFT
- $1,450
- $1.07
-
7215 Poss Rd San Antonio, TX 3
- 3 beds 2 baths ∙ 1,435 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,435 Sqft ∙ Built 1981
![property image]()
LEASED 07/23/20- Rent
- Rent Per SQFT
- $1,475
- $1.03
-
5731 Gillis Dr San Antonio, TX 5
- 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 1966 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 1966
![property image]()
LEASED 09/11/20- Rent
- Rent Per SQFT
- $1,600
- $0.98
PROPERTY LISTING DETAILS
1.210.861.9663
210 Realty Group Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1545171
Last Updated: 07/12/2021
