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11011 Colt Chase 
San Antonio, TX
78254
3 Beds 2 Baths 1,805 sqft
Built 2006
INVESTimate
$227,900
List Price
$66,144
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PROPERTY INFO
FACTS
- Built In 2006
- Price/Sqft : $126.26
- 3 Days on Market
- MLS # : 1478982
- Updated Date : 08/24/2020 at 18:18
CONSTRUCTION
- Beds : 3
- Floor Size : 1,805 sqft
- Baths : 2 full
Listing Agent
New Home Conexion Realty
Listing Agent's Description
Large One-story home in Wildhorse Vista. Located on cul-de-sac with no homes behind. Easy flow to this bright & open floor plan. Kitchen opens to living & dining. Upgraded appliances and new flooring in kitchen. Large family room with cozy fireplace. Split large master with room attached that could be used for nursery, office, hobby or sitting area. Has closet, so could also be considered 4th bedroom. Garden tub with separate shower in master bath and huge, 13 x 6, walk-in closet. House has new Roof installed August 2020. Wont last!!
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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,460 |
| EXPENSES | Loan Payment | -$841 |
| Property Tax | -$509 | |
| Property Insurance | -$131 | |
| HOA | -$18 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$138
|
||
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.
$227,900
PROJECTED PRICE
$1,460
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.41% |
| Appreciation Year (1-5) | 3.90% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 9.02% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$66,144
LOAN DETAILS
$841
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $56,975 |
| Loan Amount | $170,925 |
0.92
YEARS SAVED
$1,215
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$1,462
COMP ESTIMATED VALUE -
$0.81
COMP AVG. RENT PER SQFT
Comps Range
-
11011 Colt Chase San Antonio, 3
- 3 beds 2 baths ∙ 1,805 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,805 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $1,460
- $0.81
-
11020 Dublin Briar San Antonio, 1
- 3 beds 2 baths ∙ 1,779 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,779 Sqft ∙ Built 2005
LEASED 01/03/20- Rent
- Rent Per SQFT
- $1,425
- $0.80
-
10926 Colt Chase San Antonio, 2
- 3 beds 3 baths ∙ 1,884 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,884 Sqft ∙ Built 2006
LEASED 12/02/19- Rent
- Rent Per SQFT
- $1,450
- $0.77
-
10814 Gallop Falls San Antonio, 4
- 3 beds 3 baths ∙ 1,760 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,760 Sqft ∙ Built 2007
LEASED 09/27/19- Rent
- Rent Per SQFT
- $1,485
- $0.84
-
8914 Gallop Leap San Antonio, 5
- 3 beds 2 baths ∙ 1,805 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,805 Sqft ∙ Built 2007
LEASED 03/05/20- Rent
- Rent Per SQFT
- $1,495
- $0.83
PROPERTY LISTING DETAILS
1.210.396.1536
New Home Conexion Realty
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1478982
Last Updated: 08/24/2020
