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
8823 Quihi Way 
San Antonio, TX
78254
4 Beds 2 Baths 1,709 sqft
Built 2015
INVESTimate
$247,995
List Price
$71,469
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 2015
- Price/Sqft : $145.11
- 2 Days on Market
- MLS # : 1479219
- Updated Date : 08/25/2020 at 19:41
CONSTRUCTION
- Beds : 4
- Floor Size : 1,709 sqft
- Baths : 2 full
Listing Agent
Texas Real Estate Firm
Listing Agent's Description
Welcome Home! This charming 4 bedroom 2 bath single story home in the highly desired Wildhorse Tausch Farms community boasts an open floor plan with granite countertops, gas cooktop, oversized island, walk in pantry, under cabinet lighting, wired for speakers, tile floors in main areas, covered back porch with ceiling fan and retractable sun awning, no neighbors behind, water softener with reverse osmosis and alkaline filter, sprinkler system, security system with 4 cameras, roof and garage door radiant barriers, large master suite and so much more. Conveniently located near numerous restaurants and shopping centers and quick access to 1604, this one is sure to impress. All appliances included~Washer~Dryer~Water Softener~Refrigerator
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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,590 |
| EXPENSES | Loan Payment | -$915 |
| Property Tax | -$554 | |
| Property Insurance | -$126 | |
| HOA | -$37 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$140
|
||
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.
$247,995
PROJECTED PRICE
$1,590
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 3.90% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.02% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$71,469
LOAN DETAILS
$915
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $61,999 |
| Loan Amount | $185,996 |
1.08
YEARS SAVED
$1,512
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,590
LIST RENT -
$0.93
LIST RENT PER SQFT
-
$1,624
COMP ESTIMATED VALUE -
$0.95
COMP AVG. RENT PER SQFT
Comps Range
-
8823 Quihi Way San Antonio, 2
- 4 beds 2 baths ∙ 1,709 Sqft ∙ Built 2015 4 beds 2 baths ∙ 1,709 Sqft ∙ Built 2015
- Rent
- Rent Per SQFT
- $1,590
- $0.93
-
8810 Gallop Chase San Antonio, 1
- 3 beds 2 baths ∙ 1,656 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,656 Sqft ∙ Built 2007
LEASED 04/24/20- Rent
- Rent Per SQFT
- $1,575
- $0.95
-
10410 Stampede Stead San Antonio, 3
- 4 beds 2 baths ∙ 1,709 Sqft ∙ Built 2015 4 beds 2 baths ∙ 1,709 Sqft ∙ Built 2015
LEASED 09/20/19- Rent
- Rent Per SQFT
- $1,600
- $0.94
-
10515 Rhyder Ridge San Antonio, 4
- 4 beds 2 baths ∙ 1,709 Sqft ∙ Built 2015 4 beds 2 baths ∙ 1,709 Sqft ∙ Built 2015
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,697
- $0.99
-
10418 Turnpike Turn San Antonio, 5
- 3 beds 2 baths ∙ 1,866 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,866 Sqft ∙ Built 2016
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,725
- $0.92
PROPERTY LISTING DETAILS
1.210.527.6991
Texas Real Estate Firm
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1479219
Last Updated: 08/25/2020
