Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1043 Daffodil Way San Antonio, TX 78245

4 Beds 3 Baths 2,439 sqft Built 2008

$260,000

List Price

$1,750

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $106.60
  • 2 Days on Market
  • MLS # : 1516843
  • Updated Date : 03/27/2021 at 18:59
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,439 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams City-view

Listing Agent's Description

Welcome to this freshly renovated 4 bedroom 2.5 bathroom 2 story home! Into the front foyer, you enter the open concept living and dining spaces with natural light pouring through the many windows. The spacious kitchen features black countertops with white cabinets and backsplash to contrast. Off the kitchen are beautiful french doors leading out to the inviting covered patio in the backyard. The whole first floor has gorgeous laminate flooring even into the master suite and ensuite bathroom. Upstairs are the secondary bedrooms, bathroom, and loft. The loft can be used as a media room, game room, exercise room, you name it! Don't miss out on this beautiful move-in ready home perfect for entertaining many guests!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Behlau Elementary School Primary Regular 820 50 4
Luna Middle School Middle Regular 1,242 70 6
Brennan High School High Regular 2,455 137 7

Behlau Elementary School

  • Education Level: Primary
  • # of students: 820
  • # of teachers: 50
4
GreatSchools Rating

Luna Middle School

  • Education Level: Middle
  • # of students: 1,242
  • # of teachers: 70
6
GreatSchools Rating

Brennan High School

  • Education Level: High
  • # of students: 2,455
  • # of teachers: 137
7
GreatSchools Rating
 

$234,000$286,000$260,000

PURCHASE PRICE

$1,575$1,925$1,750

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,750
EXPENSES Loan Payment -$903
Property Tax -$580
Property Insurance -$168
HOA -$33
Property Management Fees -$99
CASH FLOW
-$33

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.

$260,000

PROJECTED PRICE

$1,750

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.9%
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$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,650

INVESTMENT

$74,650

Down Payment
$65,000
Rehab Estimate
$5,750
Closing Costs
$3,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$903

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $65,000
Loan Amount $195,000
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$3,921

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,750

    LIST RENT
  • $0.72

    LIST RENT PER SQFT
  • $1,793

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,7503$1,7504$1,8255$1,875
$1,875
RENT COMPS ANALYSIS
  • 1043 Daffodil Way San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,439 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,439 Sqft ∙ Built 2008
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.72
    •  
  • 1426 Anise Ln San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,242 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,242 Sqft ∙ Built 2015
    LEASED 06/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.74
    •  
  • 1023 Shasta Daisy San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,362 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,362 Sqft ∙ Built 2014
    LEASED 01/27/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.74
    •  
  • 1812 Aspen Silver San Antonio, TX 4
    • 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 2017 5 beds 3 baths ∙ 2,539 Sqft ∙ Built 2017
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,825
    • $0.72
    •  
  • 12037 Pearl Jubilee San Antonio, TX 5
    • 5 beds 3 baths ∙ 2,530 Sqft ∙ Built 2017 5 beds 3 baths ∙ 2,530 Sqft ∙ Built 2017
    LEASED 09/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.74
    •  
PROPERTY LISTING DETAILS
Zachariah Castillo
1.210.410.5556
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1516843
Last Updated: 03/27/2021
BESbswy