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PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $101.86
- 2 Days on Market
- MLS # : 1512717
- Updated Date : 03/06/2021 at 13:22
CONSTRUCTION
- Beds : 3
- Floor Size : 2,257 sqft
- Baths : 2 full , 1 half
Listing Agent
Ih 10 Realty
Listing Agent's Description
Feast your eyes on this charming home in a quiet neighborhood! Enter a lovely open layout enhanced with new laminate floors, interior paint, and doorknobs! The serene fireplace is sure to impress! Indulge your inner chef in this beautiful kitchen, complete with tile backsplash, granite countertops, stainless steel appliances including new microhood, and a breakfast bar! All beds and full baths are upstairs with a half bath conveniently located downstairs! Covered backyard patio perfect for BBQs! Ring system conveys with home.
SEE MORE
- 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)
- San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Kingsborough Ridge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Kingsborough Ridge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,660 |
| EXPENSES | Loan Payment | -$799 |
| Property Tax | -$524 | |
| Property Insurance | -$157 | |
| HOA | -$21 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$60
|
||
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.
$229,900
PROJECTED PRICE
$1,660
PROJECTED RENT
0.72%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 6.9% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.54% |
| 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
$66,674
LOAN DETAILS
$799
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $57,475 |
| Loan Amount | $172,425 |
3.5
YEARS SAVED
$7,048
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,660
LIST RENT -
$0.74
LIST RENT PER SQFT
-
$1,678
COMP ESTIMATED VALUE -
$0.74
COMP AVG. RENT PER SQFT
Comps Range
-
9646 Pleasanton Bluff San Antonio, TX 4
- 3 beds 3 baths ∙ 2,257 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,257 Sqft ∙ Built 2016
- Rent
- Rent Per SQFT
- $1,660
- $0.74
-
9635 Pleasanton Bluff San Antonio, TX 1
- 3 beds 3 baths ∙ 1,969 Sqft ∙ Built 2018 3 beds 3 baths ∙ 1,969 Sqft ∙ Built 2018
LEASED 12/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.76
-
723 Pelican Pt San Antonio, TX 2
- 4 beds 3 baths ∙ 2,326 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,326 Sqft ∙ Built 2016
LEASED 02/21/20- Rent
- Rent Per SQFT
- $1,595
- $0.69
-
11634 Pelican Cove San Antonio, TX 3
- 3 beds 3 baths ∙ 2,113 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,113 Sqft ∙ Built 2016
LEASED 09/23/19- Rent
- Rent Per SQFT
- $1,650
- $0.78
PROPERTY LISTING DETAILS
1.210.392.8483
Ih 10 Realty
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1512717
Last Updated: 03/06/2021
