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INVESTimate
$295,000
List Price
$83,925
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $103.87
- 2 Days on Market
- MLS # : 1479307
- Updated Date : 08/26/2020 at 04:22
CONSTRUCTION
- Beds : 4
- Floor Size : 2,840 sqft
- Baths : 2 full , 1 half
Listing Agent
3d Realty & Property Mgmt.
Listing Agent's Description
Experience the novelty of this modern, paragon 4 bedroom home. Enjoy best of both worlds this sought after location has to offer-retailers, restaurants, entertainment and nature, privacy and seclusion. Ready to see it for yourself?
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: Alamo Farmsteads
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Alamo Farmsteads
* 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 | $1,850 |
EXPENSES | Loan Payment | -$1,088 |
Property Tax | -$659 | |
Property Insurance | -$191 | |
HOA | -$18 | |
Property Management Fees | -$99 | |
CASH FLOW
-$205
|
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.
$295,000
PROJECTED PRICE
$1,850
PROJECTED RENT
0.63%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 3.41% |
Appreciation Year (1-5) | 4.74% |
Maintenance Year (1-5) | 8.00% |
Vacancy | 9.02% |
Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$83,925
LOAN DETAILS
$1,088
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $73,750 |
Loan Amount | $221,250 |
0.58
YEARS SAVED
$916
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,850
LIST RENT -
$0.65
LIST RENT PER SQFT
-
$1,945
COMP ESTIMATED VALUE -
$0.69
COMP AVG. RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.210.577.5455
3d Realty & Property Mgmt.
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 1479307
Last Updated: 08/26/2020