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PROPERTY INFO
FACTS
- Single Family
- Built In 1989
- Price/Sqft : $158.16
- 4 Days on Market
- MLS # : 1508143
- Updated Date : 02/06/2021 at 13:16
CONSTRUCTION
- Beds : 3
- Floor Size : 1,422 sqft
- Baths : 2 full
Listing Agent
Ca & Company, Realtors
Listing Agent's Description
You have found the neighborhood jewel, delicately cared for, and move in ready!! Hard to find, single story, three bedroom home ready close to the Medical Center, quiet cul de sac, flat driveway, two car garage, covered patio, private backyard, great floor plan!! This home is part of highly sought after Northside ISD. Easy access to major thoroughfares, this home has a lot to offer. Minutes from the Medical Center. Make your appointment today and don't miss it!! This home will not last!!
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: Alamo Farmsteads
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Alamo Farmsteads
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,370 |
| EXPENSES | Loan Payment | -$781 |
| Property Tax | -$502 | |
| Property Insurance | -$105 | |
| HOA | -$13 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$129
|
||
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.
$224,899
PROJECTED PRICE
$1,370
PROJECTED RENT
0.61%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 4.7% |
| 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
$65,348
LOAN DETAILS
$781
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $56,225 |
| Loan Amount | $168,674 |
0.92
YEARS SAVED
$955
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,370
LIST RENT -
$1.02
LIST RENT PER SQFT
-
$1,371
COMP ESTIMATED VALUE -
$1.02
COMP AVG. RENT PER SQFT
Comps Range
-
9327 Chattanooga Dr San Antonio, TX 1
- 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 1989
- Rent
- Rent Per SQFT
- $1,370
- $1.02
-
9327 Marblehill Dr San Antonio, TX 2
- 3 beds 2 baths ∙ 1,346 Sqft ∙ Built 1989 3 beds 2 baths ∙ 1,346 Sqft ∙ Built 1989
LEASED 10/28/20- Rent
- Rent Per SQFT
- $1,400
- $1.04
-
9306 Zebulon Dr San Antonio, TX 3
- 3 beds 2 baths ∙ 1,358 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,358 Sqft ∙ Built 1986
LEASED 08/04/20- Rent
- Rent Per SQFT
- $1,425
- $1.05
-
9315 Andersonville Ln San Antonio, TX 4
- 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,485 Sqft ∙ Built 1986
LEASED 10/25/20- Rent
- Rent Per SQFT
- $1,450
- $0.98
-
9303 Zebulon Dr San Antonio, TX 5
- 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
PROPERTY LISTING DETAILS
1.210.442.7479
Ca & Company, Realtors
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1508143
Last Updated: 02/06/2021
