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PROPERTY INFO
FACTS
- Single Family
- Built In 2014
- Price/Sqft : $119.94
- 4 Days on Market
- MLS # : 1505186
- Updated Date : 01/23/2021 at 15:21
CONSTRUCTION
- Beds : 3
- Floor Size : 1,750 sqft
- Baths : 2 full
Listing Agent
Re/max North-san Antonio
Listing Agent's Description
Move-In ready in Monte Viejo! Come check out this 3 bed, 2 bath home with quick access to Brooks AFB, the Toyota plant, and Downtown! This turn-key home shows pride of ownership and is priced to sell. Stunning granite countertops in the kitchen, including the kitchen island overlooking the open concept living area. All appliances in the kitchen STAY! (Including a brand new dishwasher installed 1/21/21.) 8226 Puente is in close proximity, plenty of shopping and has quick access to 37 and the 410 Loop. Call to get your showing today, don't miss it!
SEE MORE
- 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)
- 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)
PRICE & RENT TRENDS
Neighborhood: Woodbridge at Monte Viejo
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Woodbridge at Monte Viejo
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,470 |
| EXPENSES | Loan Payment | -$729 |
| Property Tax | -$469 | |
| Property Insurance | -$128 | |
| HOA | -$55 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$10
|
||
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.
$209,900
PROJECTED PRICE
$1,470
PROJECTED RENT
0.70%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 3.4% |
| 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
$61,374
LOAN DETAILS
$729
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $52,475 |
| Loan Amount | $157,425 |
2.33
YEARS SAVED
$3,266
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,470
LIST RENT -
$0.84
LIST RENT PER SQFT
-
$1,474
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
8226 Puente San Antonio, TX 1
- 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 2014
![property image]()
- Rent
- Rent Per SQFT
- $1,470
- $0.84
-
7410 Gamble Oak Dr San Antonio, TX 2
- 3 beds 3 baths ∙ 1,877 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,877 Sqft ∙ Built 2005
![property image]()
LEASED 08/06/20- Rent
- Rent Per SQFT
- $1,500
- $0.80
-
8302 Prickly Oak San Antonio, TX 3
- 3 beds 2 baths ∙ 1,911 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,911 Sqft ∙ Built 2017
![property image]()
LEASED 07/05/20- Rent
- Rent Per SQFT
- $1,545
- $0.81
-
8311 Prickly Oak San Antonio, TX 4
- 3 beds 2 baths ∙ 1,908 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,908 Sqft ∙ Built 2017
![property image]()
LEASED 06/17/20- Rent
- Rent Per SQFT
- $1,595
- $0.84
-
3614 Seco Tierra San Antonio, TX 5
- 3 beds 2 baths ∙ 1,743 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,743 Sqft ∙ Built 2017
![property image]()
LEASED 10/14/20- Rent
- Rent Per SQFT
- $1,595
- $0.92
PROPERTY LISTING DETAILS
1.210.756.9335
Re/max North-san Antonio
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1505186
Last Updated: 01/23/2021
