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PROPERTY INFO
FACTS
- Single Family
- Built In 2011
- Price/Sqft : $148.66
- 3 Days on Market
- MLS # : 1505627
- Updated Date : 01/23/2021 at 02:27
CONSTRUCTION
- Beds : 3
- Floor Size : 1,379 sqft
- Baths : 2 full
Listing Agent
Skye Brokerage
Listing Agent's Description
Home has been well maintained. 3 bedrooms, 2 baths, 2 car garage. Home backs-up to a green belt. Home comes with the following appliances, Washer, Dryer, Range, Dishwasher, Microwave. Two working exterior cameras come with home as well. This is a great home in a small neighborhood. Come see it today.
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: East San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: East San Antonio
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,290 |
| EXPENSES | Loan Payment | -$712 |
| Property Tax | -$456 | |
| Property Insurance | -$107 | |
| HOA | -$20 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$104
|
||
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.
$205,000
PROJECTED PRICE
$1,290
PROJECTED RENT
0.63%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.31% |
| Appreciation Year (1-5) | 6.2% |
| 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
$60,075
LOAN DETAILS
$712
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $51,250 |
| Loan Amount | $153,750 |
0.83
YEARS SAVED
$851
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,290
LIST RENT -
$0.94
LIST RENT PER SQFT
-
$1,286
COMP ESTIMATED VALUE -
$0.93
COMP AVG. RENT PER SQFT
Comps Range
-
9950 Hawk Village Converse, TX 2
- 3 beds 2 baths ∙ 1,379 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,379 Sqft ∙ Built 2011
![property image]()
- Rent
- Rent Per SQFT
- $1,290
- $0.94
-
6719 Barton Rock Ln San Antonio, TX 1
- 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 1996
![property image]()
LEASED 02/24/20- Rent
- Rent Per SQFT
- $1,285
- $0.93
-
6714 Barton Rock Ln San Antonio, TX 3
- 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1996
![property image]()
LEASED 10/19/20- Rent
- Rent Per SQFT
- $1,375
- $0.92
-
6738 Badger Pass Dr San Antonio, TX 4
- 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1997
![property image]()
LEASED 01/18/21- Rent
- Rent Per SQFT
- $1,395
- $0.93
-
9543 Sandy Ridge Way San Antonio, TX 5
- 3 beds 3 baths ∙ 1,552 Sqft ∙ Built 2018 3 beds 3 baths ∙ 1,552 Sqft ∙ Built 2018
![property image]()
LEASED 08/31/20- Rent
- Rent Per SQFT
- $1,475
- $0.95
PROPERTY LISTING DETAILS
1.210.383.2682
Skye Brokerage
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1505627
Last Updated: 01/23/2021
