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10438 Rosewood Crk San Antonio, TX 78245

4 Beds 3 Baths 2,354 sqft Built 2014

$245,000

List Price

$1,580

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 30, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $104.08
  • 6 Days on Market
  • MLS # : 1501472
  • Updated Date : 12/30/2020 at 15:39
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,354 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty Llc

Listing Agent's Description

Beautiful brick home on spacious lot, MOVE IN READY near shopping, restaurants, central to Microsoft, Lackland AFB, Capital One, Sea World and NSA. Home offers a spacious open floor plan, with family room, kitchen with granite counter tops, 42" cabinets, breakfast bar and stain steel appliances, and separate dining room. Home features a large master downstairs with spa like master bath with large walk in shower and walk in closet. Three additional bedrooms upstairs with shared bath and a Game Room. This house is a definite must see! Interior of home has been freshly repainted.

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
 

$220,500$269,500$245,000

PURCHASE PRICE

$1,422$1,738$1,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,580
EXPENSES Loan Payment -$904
Property Tax -$547
Property Insurance -$163
HOA -$37
Property Management Fees -$99
CASH FLOW
-$169

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.

$245,000

PROJECTED PRICE

$1,580

PROJECTED RENT

0.64%

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$500k

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$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$500k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$70,675

INVESTMENT

$70,675

Down Payment
$61,250
Rehab Estimate
$5,750
Closing Costs
$3,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$904

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $61,250
Loan Amount $183,750
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$758

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,580

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $1,560

    COMP ESTIMATED VALUE
  • $0.66

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5003$1,5004$1,5805$1,625
$1,625
RENT COMPS ANALYSIS
  • 10438 Rosewood Crk San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,354 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,354 Sqft ∙ Built 2014
    • Rent
    • Rent Per SQFT
    •  
    • $1,580
    • $0.67
    •  
  • 9347 Rainbow Creek San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,209 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,209 Sqft ∙ Built 2005
    LEASED 02/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.68
    •  
  • 9627 Rainbow Creek San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,463 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,463 Sqft ∙ Built 2008
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.61
    •  
  • 819 Anarbor Post San Antonio, TX 3
    • 3 beds 2 baths ∙ 2,195 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,195 Sqft ∙ Built 2005
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.68
    •  
  • 10510 Royal Estate San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 2015
    LEASED 02/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.68
    •  
PROPERTY LISTING DETAILS
Alicia Mcvean
1.210.381.8830
Exp Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1501472
Last Updated: 12/30/2020
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