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PROPERTY INFO
FACTS
- Single Family
- Built In 1977
- Price/Sqft : $144.64
- 7 Days on Market
- MLS # : 1510451
- Updated Date : 02/24/2021 at 20:48
CONSTRUCTION
- Beds : 4
- Floor Size : 1,445 sqft
- Baths : 2 full
Listing Agent
Alamo Top Realty, Llc
Listing Agent's Description
Open House 2/27/2021 From 1-4pm Beautiful one story home located in a well established neighborhood with mature trees. This home features a cozy living area with vaulted ceilings, wood beams, and a gas fireplace. Kitchen is upgraded with Granite counter tops, Stainless Steel Appliances and more. Over sized master bedroom with master walk in shower making this home move in ready!
SEE MORE
- 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)
- 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).
PRICE & RENT TRENDS
Neighborhood: North San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: North San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,450 |
| EXPENSES | Loan Payment | -$726 |
| Property Tax | -$467 | |
| Property Insurance | -$111 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$48
|
||
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.
$209,000
PROJECTED PRICE
$1,450
PROJECTED RENT
0.69%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.11% |
| Appreciation Year (1-5) | 4.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.32% |
| 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
$61,135
LOAN DETAILS
$726
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $52,250 |
| Loan Amount | $156,750 |
3.5
YEARS SAVED
$6,307
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,450
LIST RENT -
$1
LIST RENT PER SQFT
-
$1,405
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
-
8671 Bristlecone St San Antonio, TX 2
- 4 beds 2 baths ∙ 1,445 Sqft ∙ Built 1977 4 beds 2 baths ∙ 1,445 Sqft ∙ Built 1977
- Rent
- Rent Per SQFT
- $1,450
- $1.00
-
8718 Tamarisk St San Antonio, TX 1
- 3 beds 2 baths ∙ 1,413 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,413 Sqft ∙ Built 1977
LEASED 11/30/20- Rent
- Rent Per SQFT
- $1,285
- $0.91
-
9303 Zebulon Dr San Antonio, TX 3
- 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1986
LEASED 11/16/20- Rent
- Rent Per SQFT
- $1,500
- $1.01
-
7138 Valewood View San Antonio, TX 4
- 3 beds 2 baths ∙ 1,587 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,587 Sqft ∙ Built 1996
LEASED 07/30/20- Rent
- Rent Per SQFT
- $1,550
- $0.98
-
9319 Andersonville Ln San Antonio, TX 5
- 3 beds 3 baths ∙ 1,610 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,610 Sqft ∙ Built 1987
LEASED 12/09/20- Rent
- Rent Per SQFT
- $1,600
- $0.99
PROPERTY LISTING DETAILS
1.210.273.1499
Alamo Top Realty, Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1510451
Last Updated: 02/24/2021
