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PROPERTY INFO
FACTS
- Single Family
- Built In 1977
- Price/Sqft : $124.80
- 3 Days on Market
- MLS # : 1502934
- Updated Date : 01/08/2021 at 17:53
CONSTRUCTION
- Beds : 4
- Floor Size : 1,722 sqft
- Baths : 2 full
Listing Agent
Levi Rodgers Real Estate Group
Listing Agent's Description
This beautifully renovated single story home is move-in ready and nestled in a private cul-de-sac. The open floor plan offers high vaulted ceilings, handsome wood laminate flooring, and a stone fireplace in the main living area. The eat-in kitchen is nicely appointed with white cabinetry, granite countertops, and attractive pendant and recess lighting. The large primary bedroom features a generous walk-in closet and a full bath. Step outside to the covered back patio that overlooks the large private yard, perfect for entertaining family and friends. Call us for more information. Same day showings available.
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 San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: East San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,430 |
| EXPENSES | Loan Payment | -$746 |
| Property Tax | -$480 | |
| Property Insurance | -$126 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$22
|
||
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.
$214,900
PROJECTED PRICE
$1,430
PROJECTED RENT
0.67%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 6.2% |
| 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
$62,699
LOAN DETAILS
$746
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $53,725 |
| Loan Amount | $161,175 |
2.33
YEARS SAVED
$3,341
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,430
LIST RENT -
$0.83
LIST RENT PER SQFT
-
$1,253
COMP ESTIMATED VALUE -
$0.73
COMP AVG. RENT PER SQFT
Comps Range
-
6302 Maricopa San Antonio, TX 5
- 4 beds 2 baths ∙ 1,722 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,722 Sqft ∙ Built 1977
![property image]()
- Rent
- Rent Per SQFT
- $1,430
- $0.83
-
6511 Havenside Dr San Antonio, TX 1
- 3 beds 2 baths ∙ 1,534 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,534 Sqft ∙ Built 1983
![property image]()
LEASED 01/04/21- Rent
- Rent Per SQFT
- $1,100
- $0.72
-
8330 Hastings Dr San Antonio, TX 2
- 3 beds 2 baths ∙ 1,569 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,569 Sqft ∙ Built 1972
![property image]()
LEASED 10/23/20- Rent
- Rent Per SQFT
- $1,150
- $0.73
-
6610 Woodford San Antonio, TX 3
- 3 beds 2 baths ∙ 1,861 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,861 Sqft ∙ Built 1972
![property image]()
LEASED 02/04/20- Rent
- Rent Per SQFT
- $1,300
- $0.70
-
6730 Leyland San Antonio, TX 4
- 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 1973
![property image]()
LEASED 04/29/20- Rent
- Rent Per SQFT
- $1,300
- $0.76
PROPERTY LISTING DETAILS
1.210.784.6585
Levi Rodgers Real Estate Group
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1502934
Last Updated: 01/08/2021
