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14234 Savannah Pass San Antonio, TX 78216

4 Beds 3 Baths 2,668 sqft Built 2006

INVESTimate

$350,000

List Price

$2,490

$2,241 - $2,739

Rent Est.

$365,750  ( +4.50%)   1 YR EST. FORECAST

PROPERTY INFO

FACTS
  • Built In 2006
  • Price/Sqft : $131.18
  • 55 Days on Market
  • MLS # : 1467792
  • Updated Date : 08/22/2020 at 14:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,668 sqft
  • Baths : 2 full , 1 half
Listing Agent

Kuper Sotheby's Int'l Realty

Listing Agent's Description

Fun home in prime central Bluffview location. Wood floors invite you in to enjoy the open layout with 2 story ceilings in the family room. Kitchen is open and accommodating. Downstairs master suite hosts high ceilings, an en suite bath with double vanity, separate tub, shower, toilet, and walk-in closet. Upstairs you will find a large game room overlooking the family room, 3 spacious bedrooms and a large bath with double vanity. Brand new carpet upstairs. Off the laundry room on the first floor, through the entrance to the garage, you will find a large temperature-controlled man cave/storage room/office. Previous owner built out, added a mini-split air conditioning system, and used as his office. Lots of possibilities. Oversized garage has lots of storage, but bonus room could host even more! The backyard sits on a rolling hill, with tons of potential, space for a pool. Covered back patio with pergola and lush jasmine to protect from the elements while outside enjoying nature.

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: North San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $86k290k

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

Neighborhood: North San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800190020002100Rent in $8452175

* 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
Harmony Hills Elementary School Primary Regular 682 43 2
Eisenhower Middle School Middle Regular 1,162 68 5
Churchill High School High Regular 2,981 169 7

Harmony Hills Elementary School

  • Education Level: Primary
  • # of students: 682
  • # of teachers: 43
2
GreatSchools Rating

Eisenhower Middle School

  • Education Level: Middle
  • # of students: 1,162
  • # of teachers: 68
5
GreatSchools Rating

Churchill High School

  • Education Level: High
  • # of students: 2,981
  • # of teachers: 169
7
GreatSchools Rating
 

$315,000$385,000$350,000

PURCHASE PRICE

$2,241$2,739$2,490

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,490
EXPENSES Loan Payment -$1,291
Property Tax -$781
Property Insurance -$181
HOA -$25
Property Management Fees -$99
CASH FLOW
$112

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.

$350,000

PROJECTED PRICE

$2,490

PROJECTED RENT

0.71%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 4.50%
Maintenance Year (1-5) 8.00%
Vacancy 9.32%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,500

INVESTMENT

$98,500

Down Payment
$87,500
Rehab Estimate
$5,750
Closing Costs
$5,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,291

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $87,500
Loan Amount $262,500
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$15,231

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,490

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $2,501

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$2,395
1$2,3952$2,4003$2,4904$2,5855$2,595
$2,595
RENT COMPS ANALYSIS
  • 14234 Savannah Pass San Antonio, 3
    • 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,668 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,490
    • $0.93
    •  
  • 8 Dallari Ct San Antonio, 1
    • 3 beds 2 baths ∙ 2,443 Sqft ∙ Built 1999 3 beds 2 baths ∙ 2,443 Sqft ∙ Built 1999
    property image
    LEASED 06/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,395
    • $0.98
    •  
  • 52 Greens Shade San Antonio, 2
    • 4 beds 4 baths ∙ 2,663 Sqft ∙ Built 2005 4 beds 4 baths ∙ 2,663 Sqft ∙ Built 2005
    property image
    LEASED 05/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.90
    •  
  • 14203 Savannah Pass San Antonio, 4
    • 3 beds 2 baths ∙ 2,757 Sqft ∙ Built 2005 3 beds 2 baths ∙ 2,757 Sqft ∙ Built 2005
    property image
    LEASED 07/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,585
    • $0.94
    •  
  • 818 Big Sky Bend San Antonio, 5
    • 3 beds 2 baths ∙ 2,791 Sqft ∙ Built 2003 3 beds 2 baths ∙ 2,791 Sqft ∙ Built 2003
    property image
    LEASED 08/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,595
    • $0.93
    •  
PROPERTY LISTING DETAILS
Haley Rodriguez
1.210.508.2292
Kuper Sotheby's Int'l Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1467792
Last Updated: 08/22/2020
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