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11239 Branding Depot San Antonio, TX 78254

3 Beds 3 Baths 2,326 sqft Built 2006

INVESTimate

$218,000

List Price

$1,440

$1,296 - $1,584

Rent Est.

$230,535  ( +5.75%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2006
  • Price/Sqft : $93.72
  • 2 Days on Market
  • MLS # : 1479248
  • Updated Date : 08/26/2020 at 02:52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,326 sqft
  • Baths : 2 full , 1 half
Listing Agent

San Antonio's Finest Realty

Listing Agent's Description

Come see this spacious 2-story home, with three bedrooms, 2.5 bath in Bridgewood Ranch. Excellent location close to Sea World, Lackland, Alamo Ranch shopping and tons of amazing destinations for dining out. All bedrooms are upstairs with spacious walk-in closets. The second floor also includes a game room and laundry room. The downstairs is designed with an open floor plan which connects the kitchen, dining room and living room making it ideal for entertaining. Walking distance to spectacular neighborhood park and pool area.

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: Bridgewood Homeowners Association

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Bridgewood Homeowners Association

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28008509009501000105011001150120012501300135014001450Rent in $7951488

* 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
Ward Elementary School Primary Regular 890 53 8
Jefferson Middle School Middle Regular 1,451 79 7
Taft High School High Regular 2,901 174 7

Ward Elementary School

  • Education Level: Primary
  • # of students: 890
  • # of teachers: 53
8
GreatSchools Rating

Jefferson Middle School

  • Education Level: Middle
  • # of students: 1,451
  • # of teachers: 79
7
GreatSchools Rating

Taft High School

  • Education Level: High
  • # of students: 2,901
  • # of teachers: 174
7
GreatSchools Rating
 

$196,200$239,800$218,000

PURCHASE PRICE

$1,296$1,584$1,440

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k

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$600k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,440
EXPENSES Loan Payment -$804
Property Tax -$487
Property Insurance -$161
HOA -$25
Property Management Fees -$99
CASH FLOW
-$136

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.

$218,000

PROJECTED PRICE

$1,440

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 5.75%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$63,520

INVESTMENT

$63,520

Down Payment
$54,500
Rehab Estimate
$5,750
Closing Costs
$3,270

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$804

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $54,500
Loan Amount $163,500
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$904

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,440

    LIST RENT
  • $0.62

    LIST RENT PER SQFT
  • $1,576

    COMP ESTIMATED VALUE
  • $0.68

    COMP AVG. RENT PER SQFT
Comps Range
$1,440
1$1,4402$1,5503$1,5504$1,6005$1,650
$1,650
RENT COMPS ANALYSIS
  • 11239 Branding Depot San Antonio, 1
    • 3 beds 3 baths ∙ 2,326 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,326 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,440
    • $0.62
    •  
  • 11322 Oro Canyon San Antonio, 2
    • 3 beds 3 baths ∙ 2,297 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,297 Sqft ∙ Built 2006
    LEASED 02/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.67
    •  
  • 11239 Anarbor Field San Antonio, 3
    • 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,278 Sqft ∙ Built 2005
    LEASED 03/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.68
    •  
  • 7622 Bartell Pt San Antonio, 4
    • 4 beds 3 baths ∙ 2,500 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,500 Sqft ∙ Built 2007
    LEASED 03/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.64
    •  
  • 7522 Drake Canyon San Antonio, 5
    • 3 beds 3 baths ∙ 2,297 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,297 Sqft ∙ Built 2005
    LEASED 08/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.72
    •  
PROPERTY LISTING DETAILS
Guadalupe Bocanegra
1.210.216.6198
San Antonio's Finest Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1479248
Last Updated: 08/26/2020
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