$1,300,000
Investment Summary
- Monthly Cash Flow
- -$4,833
- Cap Rate
- 1.2%
- Cash-on-Cash Return
- -19.4%
- Debt Coverage Ratio
- 0.21
- Internal Rate of Return (5 years)
- -14.7%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Luxury properties like this one don't become available very often, especially less than half an hour from downtown San Antonio. Welcome to your dream home nestled on 5 acres! This meticulously maintained paradise offers a single-story transitional custom home and a custom built workshop. The home features 3 bedrooms, 2 full bathrooms and 1 half bath, which has outdoor access to the sparkling pool and patio. Upon entry, you are greeted by a bright and open design with views of the pool through the seamless wall of windows. To the right is the home office/flex space with glass & wood French doors and views of the lushly landscaped front yard. As you enter into the living room, you are greeted with a wall of televisions for the ultimate entertainment experience, including surround sound speakers that extend to the primary bedroom and bath as well as the front and back patios: all controlled from the designated media closet. The fabulous open floorplan is perfect for entertaining family and friends. The gourmet island kitchen is a chef's dream, complete with state-of-the-art JennAir appliances: 6 burner gas cook top, under counter microwave drawer, plus double wall ovens, dishwasher, and refrigerator in the open concept butler's kitchen and a walk-in pantry. The breakfast area offers plenty of space for casual dining or adding a more formal touch with the coffee/wine bar and mini wine refrigerator. The peaceful primary suite enjoys outside access to the patio and pool and features a stunning bath with his and her walk-in closets, dual vanities, oversized walk-in shower that includes a rain shower system with body jets, walk-in linen closet, and custom drawers with leather granite counters (this space is plumbed for a garden tub). The separate guest wing offers two additional bedrooms and a magnificent bathroom with oversized dual vanity space. The laundry room has a farm sink, separate utility closet and plenty of space for an additional refrigerator. The garage entry space welcomes you with a catch-all custom cabinetry, wall of hooks and a bench. The residence also features a generous oversized two-car garage with separate bays and additional storage space. The custom workshop is approximately 1,200 square feet, fully insulated and plumbed for bathroom, with single car garage door, attached carport: can equip two cars, RV, boat, or lawn equipment. The resort-style backyard is a serene oasis complete with gorgeous pool (built in late 2023), wood burning fireplace, and outdoor kitchen: Bull gas grill, sink and mini refrigerator. It's perfect for hosting and enjoying the evenings under the big Texas starlit sky. The property is professionally landscaped, including a sprinkler system that extends approximately 1 1/2 acres and drip irrigation for all the flower beds, filled with a variety of oak trees and highlighted by professional lighting. The property has its own water well, in addition to access to the co-op water supply system. It is secured by an automatic custom iron gate, surrounded by five-row barbwire fencing and overlayed with ranch fencing. With the convenience of being just a few minutes from both IH-37 and US Hwy 281 and less than 30 minutes to downtown San Antonio, this is your opportunity to make this exceptional property your home!
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Location
Property Details
Parking
- Details: Garage Door Opener, Oversized, Attached
- Garage Spaces: 2
- Spaces Total: 0
Bedroom Information
- # of Bedrooms: 3
Bathroom Information
- # of Baths (Full): 2
- # of Baths (Total): 3.0
Interior Features
- # of Stories: 1
- Fireplace: Yes
Exterior Features
- Foundation: Slab
- Roof Material: Composition
- Pool: Yes
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: R75814
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: One Story, Traditional
- Year Built: 2012
Tax Information
- Annual Tax: $7,359
Utilities
- Water & Sewer: Private, Well
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air
Location
- County: Atascosa
Listing Details
Investment Summary
- Monthly Cash Flow
- -$4,833
- Cap Rate
- 1.2%
- Cash-on-Cash Return
- -19.4%
- Debt Coverage Ratio
- 0.21
- Internal Rate of Return (5 years)
- -14.7%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $1,300,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,040,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $260,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $39,000 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $299,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 3,095 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $420 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $0.90 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,040,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 5.875% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $6,152 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $613 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $196 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $6,961 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $2,800 | $33,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$168 | -$2,016 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $2,632 | $31,584 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 22% | -$613 | -$7,359 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$196 | -$2,352 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$224 | -$2,688 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$140 | -$1,680 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$140 | -$1,680 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | n/a | n/a | n/a |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 47% | -$1,313 | -$15,759 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $1,319 | $15,828 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$6,152 | -$73,824 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $4,833 | $57,996 |