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10934 Rustic Cedar San Antonio, TX 78245

3 Beds 3 Baths 1,812 sqft Built 2011

$214,500

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $118.38
  • 3 Days on Market
  • MLS # : 1509770
  • Updated Date : 02/13/2021 at 03:03
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,812 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Welcome home! This open floor plan home boasts 3 bedrooms, 2 and a half baths, and an upstairs game room/loft area. Retreat to the spacious master bedroom with tray ceilings/crown molding, a walk in closet, and double vanity sinks. Enjoy the flat backyard with covered patio and privacy fencing. Close to 1604 and HWY 90 and a great school district! Come see this today!

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: 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
Kriewald Rd Elementary School Primary Regular 585 35 6
Francis R. Scobee Middle School Middle Regular 968 59 4
Southwest High School High Regular 3,545 195 3

Kriewald Rd Elementary School

  • Education Level: Primary
  • # of students: 585
  • # of teachers: 35
6
GreatSchools Rating

Francis R. Scobee Middle School

  • Education Level: Middle
  • # of students: 968
  • # of teachers: 59
4
GreatSchools Rating

Southwest High School

  • Education Level: High
  • # of students: 3,545
  • # of teachers: 195
3
GreatSchools Rating
 

$193,050$235,950$214,500

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$745
Property Tax -$481
Property Insurance -$132
HOA -$28
Property Management Fees -$99
CASH FLOW
$56

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.

$214,500

PROJECTED PRICE

$1,540

PROJECTED RENT

0.72%

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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$62,593

INVESTMENT

$62,593

Down Payment
$53,625
Rehab Estimate
$5,750
Closing Costs
$3,218

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$745

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $53,625
Loan Amount $160,875
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$7,700

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,540

    LIST RENT
  • $0.85

    LIST RENT PER SQFT
  • $1,536

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4853$1,5404$1,5505$1,650
$1,650
RENT COMPS ANALYSIS
  • 10934 Rustic Cedar San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,812 Sqft ∙ Built 2011 3 beds 3 baths ∙ 1,812 Sqft ∙ Built 2011
    • Rent
    • Rent Per SQFT
    •  
    • $1,540
    • $0.85
    •  
  • 11031 Palomino Bluff San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2011
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.81
    •  
  • 3823 Fiesta Trail San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,739 Sqft ∙ Built 2009
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,485
    • $0.85
    •  
  • 10919 Livewater Trail San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,812 Sqft ∙ Built 2011 3 beds 3 baths ∙ 1,812 Sqft ∙ Built 2011
    LEASED 07/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.86
    •  
  • 3137 Night Flight San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,887 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,887 Sqft ∙ Built 2015
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.87
    •  
PROPERTY LISTING DETAILS
Christopher Galvan
1.210.286.3838
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1509770
Last Updated: 02/13/2021
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