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10327 Rosewood Crk San Antonio, TX 78245

3 Beds 2 Baths 1,572 sqft Built 2008

$205,000

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $130.41
  • 3 Days on Market
  • MLS # : 1494907
  • Updated Date : 11/14/2020 at 15:09
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,572 sqft
  • Baths : 2 full
Listing Agent

Starbright Realty

Listing Agent's Description

**MULTIPLE OFFERS - Highest & Best Offer By 8:00pm 11/14/2020 ** Beautiful Front Elevation With Rock & Brick Exterior Plus Front Patio * Open Floor Plan * Island Kitchen * Separate Stall Shower & Bathtub Plus Double Vanity & Walk-in Closet * Improvements Include - Ceramic Tile Floors In Main Areas, Wood Laminate Floors In Bedrooms, Antiqued Finish On Kitchen Cabinets, Subway Tile Backsplash, Stainless Steel Appliances, 2" Blinds, Enhanced Media Air Filtration, Interior Paint, Recessed Lighting, Ceiling Fans, Garage Door Opener, Water Softener & MORE! Easy Access To Loop 1604, Hwy. 151 & Loop 410 * Close To All The Conveniences * Nice Neighborhood Amenities Including Pool, Playground, Basketball Court, BBQ Grill & MORE! Tour Home Online: https://www.tourfactory.com/2817438

SEE MORE

MARKET HIGHLIGHTS

  • 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: Park Place

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k237k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Park Place

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28509009501000105011001150120012501300135014001450Rent in $8421489

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Forester Elementary School Primary Regular 1,001 62 8
Vale Middle School Middle Regular 1,349 78 5
Stevens High School High Regular 2,866 172 4

Forester Elementary School

  • Education Level: Primary
  • # of students: 1,001
  • # of teachers: 62
8
GreatSchools Rating

Vale Middle School

  • Education Level: Middle
  • # of students: 1,349
  • # of teachers: 78
5
GreatSchools Rating

Stevens High School

  • Education Level: High
  • # of students: 2,866
  • # of teachers: 172
4
GreatSchools Rating
 

$184,500$225,500$205,000

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$756
Property Tax -$458
Property Insurance -$118
HOA -$37
Property Management Fees -$99
CASH FLOW
-$57

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.

$205,000

PROJECTED PRICE

$1,410

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 0.7%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$60,075

INVESTMENT

$60,075

Down Payment
$51,250
Rehab Estimate
$5,750
Closing Costs
$3,075

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$756

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $51,250
Loan Amount $153,750
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$2,948

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,410

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,403

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,375
1$1,3752$1,3993$1,4104$1,5655$1,595
$1,595
RENT COMPS ANALYSIS
  • 10327 Rosewood Crk San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,572 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,572 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $1,410
    • $0.90
    •  
  • 9602 Rainbow Creek San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,594 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,594 Sqft ∙ Built 2007
    LEASED 12/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.86
    •  
  • 839 Antler Post San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,574 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,574 Sqft ∙ Built 2005
    LEASED 04/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,399
    • $0.89
    •  
  • 10515 Ashbury Creek San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2015
    LEASED 07/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,565
    • $0.90
    •  
  • 10414 Ashbury Creek San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,733 Sqft ∙ Built 2014
    LEASED 08/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.92
    •  
PROPERTY LISTING DETAILS
Thomas Lee
1.210.771.0639
Starbright Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1494907
Last Updated: 11/14/2020
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