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PROPERTY INFO
FACTS
- Built In 2018
- Price/Sqft : $150.76
- 3 Days on Market
- MLS # : 1492620
- Updated Date : 11/02/2020 at 00:30
CONSTRUCTION
- Beds : 4
- Floor Size : 1,718 sqft
- Baths : 2 full
Listing Agent
3d Realty & Property Mgmt.
Listing Agent's Description
Experience the novelty of your 4 bedroom kingdom in Helotes and enjoy a galore of retailers and restaurants nearby to download your appetite at. Ready to see your new home?
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 | $1,610 |
| EXPENSES | Loan Payment | -$956 |
| Property Tax | -$578 | |
| Property Insurance | -$126 | |
| HOA | -$25 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$174
|
||
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.
$259,000
PROJECTED PRICE
$1,610
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
$74,385
LOAN DETAILS
$956
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $64,750 |
| Loan Amount | $194,250 |
0.67
YEARS SAVED
$1,010
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,610
LIST RENT -
$0.94
LIST RENT PER SQFT
-
$1,615
COMP ESTIMATED VALUE -
$0.94
COMP AVG. RENT PER SQFT
Comps Range
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9722 Bricewood Oak San Antonio, TX 2
- 4 beds 2 baths ∙ 1,718 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,718 Sqft ∙ Built 2018
![property image]()
- Rent
- Rent Per SQFT
- $1,610
- $0.94
-
12122 Dawes Pt San Antonio, TX 1
- 3 beds 2 baths ∙ 1,652 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,652 Sqft ∙ Built 2011
![property image]()
LEASED 06/26/20- Rent
- Rent Per SQFT
- $1,550
- $0.94
-
9902 Sun Mill San Antonio, TX 3
- 3 beds 3 baths ∙ 1,882 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,882 Sqft ∙ Built 2008
![property image]()
LEASED 04/18/20- Rent
- Rent Per SQFT
- $1,650
- $0.88
-
10334 Castello Canyon San Antonio, TX 4
- 4 beds 3 baths ∙ 1,803 Sqft ∙ Built 2016 4 beds 3 baths ∙ 1,803 Sqft ∙ Built 2016
![property image]()
LEASED 05/06/20- Rent
- Rent Per SQFT
- $1,650
- $0.92
-
9719 Bricewood Post San Antonio, TX 5
- 3 beds 2 baths ∙ 1,669 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,669 Sqft ∙ Built 2016
![property image]()
LEASED 09/01/20- Rent
- Rent Per SQFT
- $1,695
- $1.02
PROPERTY LISTING DETAILS
1.210.577.5455
3d Realty & Property Mgmt.
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1492620
Last Updated: 11/02/2020
