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13418 Wild Rye San Antonio, TX 78254

4 Beds 2 Baths 1,904 sqft Built 2018

$264,900

List Price

$1,700

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $139.13
  • 3 Days on Market
  • MLS # : 1505648
  • Updated Date : 01/23/2021 at 04:02
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,904 sqft
  • Baths : 2 full
Listing Agent

Ca & Company, Realtors

Listing Agent's Description

Why wait for the builder to finish!! Just like new, this Knight floor plan boasts 1904 sq. ft. and offers four bedrooms, two full bathrooms, and a private master suite with garden tub and double vanity, all on a single story with one of the most legendary floor plans of all time. Covered patio, stainless steel appliances, garage door opener, granite counter tops, sprinkler system. Located in sought after Northside ISD and Valley Ranch community which includes amazing amenities. No waiting for new home completion, builder doesn't have any!!! Move in now!!!

SEE MORE

MARKET HIGHLIGHTS

  • 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).
  • 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)

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k235k

* 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
Henderson Elementary School Primary Regular 645 41 7
Folks Middle School Middle Regular 700 45 NA
Taft High School High Regular 2,901 174 7

Henderson Elementary School

  • Education Level: Primary
  • # of students: 645
  • # of teachers: 41
7
GreatSchools Rating

Folks Middle School

  • Education Level: Middle
  • # of students: 700
  • # of teachers: 45
NA
GreatSchools Rating

Taft High School

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

$238,410$291,390$264,900

PURCHASE PRICE

$1,530$1,870$1,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,700
EXPENSES Loan Payment -$920
Property Tax -$591
Property Insurance -$137
HOA -$63
Property Management Fees -$99
CASH FLOW
-$110

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.

$264,900

PROJECTED PRICE

$1,700

PROJECTED RENT

0.64%

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-$6.0k-$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$75,949

INVESTMENT

$75,949

Down Payment
$66,225
Rehab Estimate
$5,750
Closing Costs
$3,974

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$920

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,225
Loan Amount $198,675
See What Happens When You Reinvest Cash Flow

1.25

YEARS SAVED

$1,689

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,700

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,799

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$1,675
1$1,6752$1,7003$1,7004$1,7955$1,875
$1,875
RENT COMPS ANALYSIS
  • 13418 Wild Rye San Antonio, TX 3
    • 4 beds 2 baths ∙ 1,904 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,904 Sqft ∙ Built 2018
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.89
    •  
  • 8422 Angelina Parke San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,833 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,833 Sqft ∙ Built 2015
    LEASED 06/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.91
    •  
  • 8631 Angelina Parke San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,833 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,833 Sqft ∙ Built 2016
    LEASED 10/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.93
    •  
  • 8150 Cactus Bend Dr San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 2017
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.96
    •  
  • 8748 Ironwood Hill San Antonio, TX 5
    • 4 beds 2 baths ∙ 1,904 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,904 Sqft ∙ Built 2017
    LEASED 04/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,875
    • $0.98
    •  
PROPERTY LISTING DETAILS
Cesar Amezcua
1.210.442.7479
Ca & Company, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1505648
Last Updated: 01/23/2021
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