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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $152.75
- 6 Days on Market
- MLS # : 1502357
- Updated Date : 01/07/2021 at 05:09
CONSTRUCTION
- Beds : 3
- Floor Size : 1,473 sqft
- Baths : 2 full
Listing Agent
Rubiola Realty
Listing Agent's Description
VERY DESIRED NEIGHBORHOOD CUL-DE-SAC LIVING NEAR PARKS AND AMMENITIES. You'll love this cozy 1-story home, situated in a friendly community right outside OF 1604 and Braun. Features include a screened in porch and a nice patio overlooking your yard. The kitchen is fully furnished. Home also includes, water softener, surround sound, tv mount found in the living area. Perfect size yard to entertain!
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 | $1,450 |
| EXPENSES | Loan Payment | -$782 |
| Property Tax | -$507 | |
| Property Insurance | -$112 | |
| HOA | -$25 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$74
|
||
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.
$225,000
PROJECTED PRICE
$1,450
PROJECTED RENT
0.64%
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
$65,375
LOAN DETAILS
$782
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $56,250 |
| Loan Amount | $168,750 |
1.5
YEARS SAVED
$2,112
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 -
$0.98
LIST RENT PER SQFT
-
$1,447
COMP ESTIMATED VALUE -
$0.98
COMP AVG. RENT PER SQFT
Comps Range
-
9314 Velvet Spring San Antonio, TX 2
- 3 beds 2 baths ∙ 1,473 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,473 Sqft ∙ Built 2003
![property image]()
- Rent
- Rent Per SQFT
- $1,450
- $0.98
-
10526 Marengo Ln San Antonio, TX 1
- 3 beds 3 baths ∙ 1,372 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,372 Sqft ∙ Built 2003
![property image]()
LEASED 03/10/20- Rent
- Rent Per SQFT
- $1,325
- $0.97
-
10707 Tiger Horse Dr San Antonio, TX 3
- 3 beds 2 baths ∙ 1,577 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,577 Sqft ∙ Built 2004
![property image]()
LEASED 04/16/20- Rent
- Rent Per SQFT
- $1,550
- $0.98
-
10418 Stallion Bay San Antonio, TX 4
- 3 beds 2 baths ∙ 1,616 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,616 Sqft ∙ Built 2004
![property image]()
LEASED 06/09/20- Rent
- Rent Per SQFT
- $1,550
- $0.96
-
9406 Lilly Valley San Antonio, TX 5
- 3 beds 2 baths ∙ 1,563 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,563 Sqft ∙ Built 2003
![property image]()
LEASED 09/28/20- Rent
- Rent Per SQFT
- $1,595
- $1.02
PROPERTY LISTING DETAILS
1.210.201.5945
Rubiola Realty
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1502357
Last Updated: 01/07/2021
