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PROPERTY INFO
FACTS
- Single Family
- Built In 2003
- Price/Sqft : $93.91
- 4 Days on Market
- MLS # : 1499106
- Updated Date : 12/10/2020 at 21:55
CONSTRUCTION
- Beds : 4
- Floor Size : 2,609 sqft
- Baths : 2 full , 1 half
Listing Agent
Premier Realty Group
Listing Agent's Description
WONDERFUL HOME! 4,2.5,2 CLOSE TO LACKLAND AF BASE & NEW SHOPPING! MANY FEATURES INCLUDING OPEN BREAKFAST AREA W/GOURMET KITCHEN, UPGRADED APPLIANCES & WRAPAROUND COUNTER TOP!! LARGE LIVING & FORMAL DINING ROOM SURROUNDED WITH CROWN MOULDING! LGE MASTER HAS HIS & HER CLOSETS! DECORATOR COLOR.BEAUTIFUL OAKS* LIGHTING, WIRED FOR SURROUND SOUND,PLAY SCAPE, TECH SHIELD,12 SEER HVAC,GUTTERS*WATER SOFTNER,BUILT OUT PATIO,1 YR. HOME WARRANTY*
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 | $1,730 |
| EXPENSES | Loan Payment | -$904 |
| Property Tax | -$547 | |
| Property Insurance | -$178 | |
| HOA | -$15 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$12
|
||
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.
$245,000
PROJECTED PRICE
$1,730
PROJECTED RENT
0.71%
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
$70,675
LOAN DETAILS
$904
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $61,250 |
| Loan Amount | $183,750 |
2.58
YEARS SAVED
$5,902
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,730
LIST RENT -
$0.66
LIST RENT PER SQFT
-
$1,728
COMP ESTIMATED VALUE -
$0.66
COMP AVG. RENT PER SQFT
Comps Range
-
9623 Wolf Pt San Antonio, TX 4
- 4 beds 3 baths ∙ 2,609 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,609 Sqft ∙ Built 2003
- Rent
- Rent Per SQFT
- $1,730
- $0.66
-
1018 Dakota Pass San Antonio, TX 1
- 4 beds 3 baths ∙ 2,440 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,440 Sqft ∙ Built 2004
LEASED 01/06/20- Rent
- Rent Per SQFT
- $1,625
- $0.67
-
1019 Justin Terrace San Antonio, TX 2
- 4 beds 3 baths ∙ 2,651 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,651 Sqft ∙ Built 2005
LEASED 12/12/19- Rent
- Rent Per SQFT
- $1,650
- $0.62
-
1818 Mountain Star San Antonio, TX 3
- 4 beds 3 baths ∙ 2,609 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,609 Sqft ∙ Built 2004
LEASED 04/04/20- Rent
- Rent Per SQFT
- $1,725
- $0.66
-
9034 Broadmoor Bend San Antonio, TX 5
- 4 beds 3 baths ∙ 2,651 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,651 Sqft ∙ Built 2005
LEASED 07/20/20- Rent
- Rent Per SQFT
- $1,850
- $0.70
PROPERTY LISTING DETAILS
1.210.846.3345
Premier Realty Group
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1499106
Last Updated: 12/10/2020
