Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2016
- Price/Sqft : $146.01
- 3 Days on Market
- MLS # : 1510094
- Updated Date : 02/20/2021 at 16:47
CONSTRUCTION
- Beds : 3
- Floor Size : 1,678 sqft
- Baths : 2 full
Listing Agent
Coldwell Banker D'ann Harper
Listing Agent's Description
Welcome home to this beautiful and bright single story with a welcoming interior plus modern details. Just past a formal dining/sitting room, an open kitchen features granite counters, a gas stove, and large pantry. This culinary arena overlooks the spacious living/dining room, ideal for entertaining and providing backyard views and patio access. The split owner's suite is large and offers a private bath with soaking tub, walk-in shower, and dual vanity. Two comfortably sized secondary bedrooms and a full bath complete the interior. Outside, relax and unwind atop covered and open patios in the privately fenced back yard. This great location is just minutes away from JBSA-Lackland, grocery stores, plus Loops 1604 and 410!
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 | $1,520 |
| EXPENSES | Loan Payment | -$851 |
| Property Tax | -$547 | |
| Property Insurance | -$124 | |
| HOA | -$23 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$124
|
||
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
$1,520
PROJECTED RENT
0.62%
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
$851
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $61,250 |
| Loan Amount | $183,750 |
1.08
YEARS SAVED
$1,286
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,520
LIST RENT -
$0.91
LIST RENT PER SQFT
-
$1,544
COMP ESTIMATED VALUE -
$0.92
COMP AVG. RENT PER SQFT
Comps Range
-
9717 Marbach Pass San Antonio, TX 3
- 3 beds 2 baths ∙ 1,678 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,678 Sqft ∙ Built 2016
- Rent
- Rent Per SQFT
- $1,520
- $0.91
-
9714 Marbach Cyn San Antonio, TX 1
- 3 beds 3 baths ∙ 1,704 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,704 Sqft ∙ Built 2008
LEASED 03/12/20- Rent
- Rent Per SQFT
- $1,345
- $0.79
-
9806 Marbach Cyn San Antonio, TX 2
- 3 beds 3 baths ∙ 1,571 Sqft ∙ Built 2009 3 beds 3 baths ∙ 1,571 Sqft ∙ Built 2009
LEASED 08/11/20- Rent
- Rent Per SQFT
- $1,475
- $0.94
-
9737 Marbach Pass San Antonio, TX 4
- 3 beds 2 baths ∙ 1,586 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,586 Sqft ∙ Built 2016
LEASED 09/11/20- Rent
- Rent Per SQFT
- $1,550
- $0.98
-
2422 Marbach Wds San Antonio, TX 5
- 4 beds 2 baths ∙ 1,689 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,689 Sqft ∙ Built 2017
LEASED 04/22/20- Rent
- Rent Per SQFT
- $1,645
- $0.97
PROPERTY LISTING DETAILS
1.210.723.4803
Coldwell Banker D'ann Harper
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1510094
Last Updated: 02/20/2021
