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14223 Arrowood San Antonio, TX 78233

3 Beds 2 Baths 1,332 sqft Built 1982

$195,000

List Price

$1,230

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1982
  • Price/Sqft : $146.40
  • 4 Days on Market
  • MLS # : 1516361
  • Updated Date : 03/26/2021 at 18:58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,332 sqft
  • Baths : 2 full
Listing Agent

Real Broker, Llc

Listing Agent's Description

Come check out this beautiful 1 story rambler in a quiet, established neighborhood with wonderful schools and close amenities. Large fenced backyard. New granite in the kitchen and bathrooms, fresh paint throughout the house, and new flooring throughout. Large deck in the backyard with beautiful mature trees.

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: Woodstone

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Woodstone

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
Woodstone Elementary School Primary Regular 857 51 3
Wood Middle School Middle Regular 1,042 65 4
Madison High School High Regular 3,364 190 5

Woodstone Elementary School

  • Education Level: Primary
  • # of students: 857
  • # of teachers: 51
3
GreatSchools Rating

Wood Middle School

  • Education Level: Middle
  • # of students: 1,042
  • # of teachers: 65
4
GreatSchools Rating

Madison High School

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

$175,500$214,500$195,000

PURCHASE PRICE

$1,107$1,353$1,230

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,230
EXPENSES Loan Payment -$677
Property Tax -$435
Property Insurance -$104
Property Management Fees -$99
CASH FLOW
-$86

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$195,000

PROJECTED PRICE

$1,230

PROJECTED RENT

0.63%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 7.5%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
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-$4.0k-$2.0k$0.0$2.0k$4.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$57,425

INVESTMENT

$57,425

Down Payment
$48,750
Rehab Estimate
$5,750
Closing Costs
$2,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$677

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $48,750
Loan Amount $146,250
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$1,150

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,230

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $1,219

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,195
1$1,1952$1,2253$1,2304$1,2505$1,350
$1,350
RENT COMPS ANALYSIS
  • 14223 Arrowood San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,332 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,332 Sqft ∙ Built 1982
    • Rent
    • Rent Per SQFT
    •  
    • $1,230
    • $0.92
    •  
  • 5611 Spring Sunshine San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,260 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,260 Sqft ∙ Built 1985
    LEASED 05/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.95
    •  
  • 5515 Needville Dr San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,370 Sqft ∙ Built 1984
    LEASED 01/23/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,225
    • $0.89
    •  
  • 13815 Cane Dr San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,403 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,403 Sqft ∙ Built 1984
    LEASED 10/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.89
    •  
  • 14222 Arrowood San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,448 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,448 Sqft ∙ Built 1981
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.93
    •  
PROPERTY LISTING DETAILS
Timothy Macy
1.210.965.4000
Real Broker, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1516361
Last Updated: 03/26/2021
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