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 2009
- Price/Sqft : $105.84
- 3 Days on Market
- MLS # : 1515364
- Updated Date : 03/20/2021 at 00:44
CONSTRUCTION
- Beds : 3
- Floor Size : 1,748 sqft
- Baths : 2 full , 1 half
Listing Agent
Redbird Realty Llc
Listing Agent's Description
The home you have been waiting for is here! This stunning home has a unique floor plan which features all bedrooms upstairs, including a large master bedroom that has a double vanity, garden tub with separate stand in shower. All appliances will remain and are less than a year old. Home is conveniently located within minutes of Lackland AFB, Sea World and beautiful Pearsall Park. Open House Saturday 03/20/2021 from 9AM to 4PM
SEE MORE
- 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)
- San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: People Active in Community Effort
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: People Active in Community Effort
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,340 |
| EXPENSES | Loan Payment | -$643 |
| Property Tax | -$413 | |
| Property Insurance | -$128 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$58
|
||
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.
$185,000
PROJECTED PRICE
$1,340
PROJECTED RENT
0.72%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 8.5% |
| 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
$54,775
LOAN DETAILS
$643
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $46,250 |
| Loan Amount | $138,750 |
4.08
YEARS SAVED
$6,590
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,340
LIST RENT -
$0.77
LIST RENT PER SQFT
-
$1,403
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
-
6918 Sabine Pass San Antonio, TX 2
- 3 beds 3 baths ∙ 1,748 Sqft ∙ Built 2009 3 beds 3 baths ∙ 1,748 Sqft ∙ Built 2009
- Rent
- Rent Per SQFT
- $1,340
- $0.77
-
6614 Estes Flts San Antonio, TX 1
- 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 2006
LEASED 06/18/20- Rent
- Rent Per SQFT
- $1,250
- $0.77
-
6715 Dragon Fire San Antonio, TX 3
- 4 beds 3 baths ∙ 1,771 Sqft ∙ Built 2005 4 beds 3 baths ∙ 1,771 Sqft ∙ Built 2005
LEASED 11/18/20- Rent
- Rent Per SQFT
- $1,350
- $0.76
-
6623 Walnut Valley Dr San Antonio, TX 4
- 4 beds 3 baths ∙ 1,747 Sqft ∙ Built 2006 4 beds 3 baths ∙ 1,747 Sqft ∙ Built 2006
LEASED 07/29/20- Rent
- Rent Per SQFT
- $1,400
- $0.80
-
6638 Old Theater Rd San Antonio, TX 5
- 3 beds 3 baths ∙ 1,758 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,758 Sqft ∙ Built 2005
LEASED 07/23/20- Rent
- Rent Per SQFT
- $1,550
- $0.88
PROPERTY LISTING DETAILS
1.210.428.1452
Redbird Realty Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1515364
Last Updated: 03/20/2021
