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PROPERTY INFO
FACTS
- Single Family
- Built In 2014
- Price/Sqft : $154.29
- 6 Days on Market
- MLS # : 1500075
- Updated Date : 12/17/2020 at 15:26
CONSTRUCTION
- Beds : 3
- Floor Size : 1,584 sqft
- Baths : 2 full
Listing Agent
Rebate Haus, Llc
Listing Agent's Description
Welcome to Waterford Park in San Antonio! This 1-story home features 3 bedrooms, 2 bathrooms, a 2-car garage, and 1,854 sq.ft of living space! Rounded archways, ceiling fans, and high ceilings can be found in this beautiful home that will make you ask "when can I move in?". Your community has 3 parks, a pool, and an amenity center -- what more could you want in this beautiful neighborhood? You're conveniently located 10 minutes from the nearest HEB and just 12 from the 1604 Loop; far enough to not hear the commotion, but close enough to access it when you need to! Ready to make this haus a home? Schedule an appointment today to see it for yourself!
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: West San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: West San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,580 |
EXPENSES | Loan Payment | -$902 |
Property Tax | -$546 | |
Property Insurance | -$119 | |
Property Management Fees | -$99 | |
CASH FLOW
-$85
|
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.
$244,400
PROJECTED PRICE
$1,580
PROJECTED RENT
0.65%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.41% |
Appreciation Year (1-5) | 3.9% |
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
$70,516
LOAN DETAILS
$902
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $61,100 |
Loan Amount | $183,300 |
1.75
YEARS SAVED
$3,199
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,580
LIST RENT -
$1
LIST RENT PER SQFT
-
$1,576
COMP ESTIMATED VALUE -
$0.99
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.830.660.1004
Rebate Haus, Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1500075
Last Updated: 12/17/2020