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13930 Sunny Glen San Antonio, TX 78217

3 Beds 2 Baths 1,995 sqft Built 1983

$239,900

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 01, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1983
  • Price/Sqft : $120.25
  • 6 Days on Market
  • MLS # : 1497526
  • Updated Date : 12/04/2020 at 22:07
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,995 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Tranquility awaits as you enter this open concept home. This remarkable home located in Northern Hills Golf community has been remodeled, and is ready for a new family. Come view this home that is almost 2,000 square feet, and sits on almost a quarter acre. This 3 bedroom 2 bath home is aimed to please for sure. It has been opened up for that open concept look. It has so many upgrades that it is unbelievable! With stainless steel appliances, remodeled bathrooms, remodeled kitchen, updated light fixtures, all floors redone with no carpet! Famous NEISD schools will be sure to please any parents. So grab your realtor today, and come see this beautiful home today!

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: Northern Hills

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Northern Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28509009501000105011001150120012501300135014001450Rent in $8451491

* 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
Northern Hills Elementary School Primary Regular 629 38 3
Driscoll Middle School Middle Regular 900 54 5
Madison High School High Regular 3,364 190 5

Northern Hills Elementary School

  • Education Level: Primary
  • # of students: 629
  • # of teachers: 38
3
GreatSchools Rating

Driscoll Middle School

  • Education Level: Middle
  • # of students: 900
  • # of teachers: 54
5
GreatSchools Rating

Madison High School

  • Education Level: High
  • # of students: 3,364
  • # of teachers: 190
5
GreatSchools Rating
 

$215,910$263,890$239,900

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,530
EXPENSES Loan Payment -$885
Property Tax -$536
Property Insurance -$142
Property Management Fees -$99
CASH FLOW
-$132

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.

$239,900

PROJECTED PRICE

$1,530

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 6.3%
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

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$69,324

INVESTMENT

$69,324

Down Payment
$59,975
Rehab Estimate
$5,750
Closing Costs
$3,599

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$885

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $59,975
Loan Amount $179,925
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$1,612

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,530

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,571

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4003$1,4004$1,5305$1,545
$1,545
RENT COMPS ANALYSIS
  • 13930 Sunny Glen San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,995 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,995 Sqft ∙ Built 1983
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.77
    •  
  • 4762 Aspen View San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,745 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,745 Sqft ∙ Built 1997
    LEASED 08/07/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.80
    •  
  • 13719 Sunny Glen San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1978
    LEASED 05/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.74
    •  
  • 13123 Burgundy Pt San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,789 Sqft ∙ Built 1994 3 beds 3 baths ∙ 1,789 Sqft ∙ Built 1994
    LEASED 08/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.78
    •  
  • 13915 Anchorage Hill San Antonio, TX 5
    • 4 beds 2 baths ∙ 1,863 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,863 Sqft ∙ Built 1972
    LEASED 11/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.83
    •  
PROPERTY LISTING DETAILS
Danny Moman
1.210.501.3025
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1497526
Last Updated: 12/04/2020
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