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PROPERTY INFO
FACTS
- Single Family
- Built In 2010
- Price/Sqft : $131.37
- 2 Days on Market
- MLS # : 1515464
- Updated Date : 03/20/2021 at 18:27
CONSTRUCTION
- Beds : 3
- Floor Size : 1,750 sqft
- Baths : 2 full
Listing Agent
All City Real Estate, Ltd. Co.
Listing Agent's Description
Don't miss this darling home in this quiet, quaint subdivision on the NW side. This is a "drop your bags & move right in" home. Well cared for and gently lived in with beautiful tiled common areas & new carpet. Formal dining can be used as a study. The open kitchen offers granite counters & tons of cabinet space & a breakfast bar. Extra closet space as well as a storage shed for all the extras. Only minutes from Lackland, USAA fine shopping, dinning & hiking at Gov. Canyon Park.
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: 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 | $1,540 |
| EXPENSES | Loan Payment | -$799 |
| Property Tax | -$513 | |
| Property Insurance | -$128 | |
| HOA | -$50 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$49
|
||
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.
$229,900
PROJECTED PRICE
$1,540
PROJECTED RENT
0.67%
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
$66,674
LOAN DETAILS
$799
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $57,475 |
| Loan Amount | $172,425 |
2
YEARS SAVED
$2,827
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,540
LIST RENT -
$0.88
LIST RENT PER SQFT
-
$1,549
COMP ESTIMATED VALUE -
$0.89
COMP AVG. RENT PER SQFT
Comps Range
-
9651 Nueces Cyn San Antonio, TX 3
- 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 2010 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 2010
- Rent
- Rent Per SQFT
- $1,540
- $0.88
-
5023 Senisa Springs San Antonio, TX 1
- 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1999 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1999
LEASED 10/01/20- Rent
- Rent Per SQFT
- $1,400
- $0.82
-
9943 Lauren Mist San Antonio, TX 2
- 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1998 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1998
LEASED 12/17/20- Rent
- Rent Per SQFT
- $1,525
- $0.90
-
5518 Camry Springs San Antonio, TX 4
- 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1997
LEASED 09/04/20- Rent
- Rent Per SQFT
- $1,545
- $0.91
-
9715 Kashmir Dr San Antonio, TX 5
- 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1997
LEASED 09/05/20- Rent
- Rent Per SQFT
- $1,545
- $0.91
PROPERTY LISTING DETAILS
1.210.232.3666
All City Real Estate, Ltd. Co.
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1515464
Last Updated: 03/20/2021
