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9219 Ingleton San Antonio, TX 78245

3 Beds 2 Baths 1,561 sqft Built 2006

$180,000

List Price

$1,460

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $115.31
  • 4 Days on Market
  • MLS # : 1510781
  • Updated Date : 02/25/2021 at 19:32
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,561 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Legacy

Listing Agent's Description

Available for immediate move in, this 3 bedroom, 2 bath, single story home comes updated with ceramic wood like tile, stone accents at dining and kitchen/living room, and like new, stained privacy fence. Property features a covered back porch with added cement patio, stainless steel Samsung oven and microwave, and water softener. Schedule your showing today, to see if this home is the right fit for you.

SEE MORE

MARKET HIGHLIGHTS

  • 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: Adams Hill

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Adams Hill

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Adams Hill Elementary School Primary Regular 580 43 4
Pease Middle School Middle Regular 1,139 73 4
Stevens High School High Regular 2,866 172 4

Adams Hill Elementary School

  • Education Level: Primary
  • # of students: 580
  • # of teachers: 43
4
GreatSchools Rating

Pease Middle School

  • Education Level: Middle
  • # of students: 1,139
  • # of teachers: 73
4
GreatSchools Rating

Stevens High School

  • Education Level: High
  • # of students: 2,866
  • # of teachers: 172
4
GreatSchools Rating
 

$162,000$198,000$180,000

PURCHASE PRICE

$1,314$1,606$1,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,460
EXPENSES Loan Payment -$625
Property Tax -$402
Property Insurance -$117
HOA -$19
Property Management Fees -$99
CASH FLOW
$198

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.

$180,000

PROJECTED PRICE

$1,460

PROJECTED RENT

0.81%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 9.8%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$53,450

INVESTMENT

$53,450

Down Payment
$45,000
Rehab Estimate
$5,750
Closing Costs
$2,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$625

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $45,000
Loan Amount $135,000
See What Happens When You Reinvest Cash Flow

7.42

YEARS SAVED

$16,892

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,460

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $1,456

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,245
1$1,2452$1,3503$1,4604$1,5505$1,550
$1,550
RENT COMPS ANALYSIS
  • 9219 Ingleton San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,460
    • $0.94
    •  
  • 9306 Blazer Pl San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,437 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,437 Sqft ∙ Built 2004
    LEASED 01/26/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,245
    • $0.87
    •  
  • 1711 Shieldhall San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 2007
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.88
    •  
  • 9274 Ingleton San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2004
    LEASED 01/21/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.99
    •  
  • 1711 Coxwold Ct San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2005
    LEASED 02/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.99
    •  
PROPERTY LISTING DETAILS
John Biela
1.210.414.9247
Keller Williams Legacy
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1510781
Last Updated: 02/25/2021
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