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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $129.12
- 3 Days on Market
- MLS # : 1508273
- Updated Date : 02/05/2021 at 18:30
CONSTRUCTION
- Beds : 4
- Floor Size : 1,820 sqft
- Baths : 2 full , 1 half
Listing Agent
Keller Williams City-view
Listing Agent's Description
Well maintained 4 bedroom. 2.5 bath home located in Cul-de-sac within the established Braun Ridge Subdivision in Helotes. Covered front porch, solid wood door that opens to a ceramic tile entry leading into a spacious living room which includes an awesome brick fireplace. Home has 9ft ceilings and arched walk ways. All wet areas and kitchen floor consist of beautiful ceramic tile. Large Master Bedroom with spa-like bath, walk-in closet w/additional storage built in. Guest bed downstairs w/half bath. Backyard patio with privacy fenced yard.
SEE MORE
- 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)
- 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)
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 | $1,600 |
| EXPENSES | Loan Payment | -$816 |
| Property Tax | -$484 | |
| Property Insurance | -$132 | |
| HOA | -$10 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$59
|
||
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.
$235,000
PROJECTED PRICE
$1,600
PROJECTED RENT
0.68%
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
$68,025
LOAN DETAILS
$816
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $58,750 |
| Loan Amount | $176,250 |
4.25
YEARS SAVED
$9,154
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,600
LIST RENT -
$0.88
LIST RENT PER SQFT
-
$1,561
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
-
9811 Gotha Ranch Helotes, TX 4
- 4 beds 3 baths ∙ 1,820 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,820 Sqft ∙ Built 2007
![property image]()
- Rent
- Rent Per SQFT
- $1,600
- $0.88
-
9650 Barbwire San Antonio, TX 1
- 3 beds 2 baths ∙ 1,641 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,641 Sqft ∙ Built 1993
![property image]()
LEASED 05/04/20- Rent
- Rent Per SQFT
- $1,400
- $0.85
-
10439 Corvey Ln Helotes, TX 2
- 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 2007
![property image]()
LEASED 04/22/20- Rent
- Rent Per SQFT
- $1,400
- $0.86
-
10531 Weser Ln Helotes, TX 3
- 4 beds 3 baths ∙ 1,820 Sqft ∙ Built 2006 4 beds 3 baths ∙ 1,820 Sqft ∙ Built 2006
![property image]()
LEASED 11/18/20- Rent
- Rent Per SQFT
- $1,550
- $0.85
-
10107 Roseangel Lane Helotes, TX 5
- 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2006
![property image]()
LEASED 02/28/20- Rent
- Rent Per SQFT
- $1,695
- $0.87
PROPERTY LISTING DETAILS
1.210.315.3539
Keller Williams City-view
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1508273
Last Updated: 02/05/2021
