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PROPERTY INFO
FACTS
- Single Family
- Built In 1994
- Price/Sqft : $92.08
- 8 Days on Market
- MLS # : 1497257
- Updated Date : 11/30/2020 at 03:03
CONSTRUCTION
- Beds : 4
- Floor Size : 2,400 sqft
- Baths : 2 full , 1 half
Listing Agent
Tc Austin Residential Group
Listing Agent's Description
Great quite neighborhood close to Culebra/Tezel, shopping and schools. The downstairs features open floor plan concept with a separate dining area, an island kitchen, boasting plenty of cabinet space. New Roof installed in 2020. Master bedroom and secondary rooms are spacious. Spacious backyard for entertaining. Schedule a tour today!
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: Northwest Crossing
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Northwest Crossing
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,570 |
| EXPENSES | Loan Payment | -$815 |
| Property Tax | -$493 | |
| Property Insurance | -$166 | |
| HOA | -$21 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$24
|
||
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.
$221,000
PROJECTED PRICE
$1,570
PROJECTED RENT
0.71%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 6.8% |
| 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
$64,315
LOAN DETAILS
$815
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $55,250 |
| Loan Amount | $165,750 |
2.42
YEARS SAVED
$4,578
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,570
LIST RENT -
$0.65
LIST RENT PER SQFT
-
$1,614
COMP ESTIMATED VALUE -
$0.67
COMP AVG. RENT PER SQFT
Comps Range
-
9547 Campton Farms San Antonio, TX 1
- 4 beds 3 baths ∙ 2,400 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,400 Sqft ∙ Built 1994
![property image]()
- Rent
- Rent Per SQFT
- $1,570
- $0.65
-
8815 Hunters Bluff San Antonio, TX 2
- 5 beds 3 baths ∙ 2,572 Sqft ∙ Built 2001 5 beds 3 baths ∙ 2,572 Sqft ∙ Built 2001
![property image]()
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,595
- $0.62
-
5927 Oak Blossom San Antonio, TX 3
- 4 beds 3 baths ∙ 2,354 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,354 Sqft ∙ Built 2002
![property image]()
LEASED 07/20/20- Rent
- Rent Per SQFT
- $1,595
- $0.68
-
9235 Encino Village San Antonio, TX 4
- 3 beds 3 baths ∙ 2,301 Sqft ∙ Built 1995 3 beds 3 baths ∙ 2,301 Sqft ∙ Built 1995
![property image]()
LEASED 07/04/20- Rent
- Rent Per SQFT
- $1,600
- $0.70
-
9819 Kenbridge Dr San Antonio, TX 5
- 4 beds 3 baths ∙ 2,400 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,400 Sqft ∙ Built 1993
![property image]()
LEASED 07/13/20- Rent
- Rent Per SQFT
- $1,650
- $0.69
PROPERTY LISTING DETAILS
1.210.454.1322
Tc Austin Residential Group
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1497257
Last Updated: 11/30/2020
