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17 Pembroke Ct San Antonio, TX 78240

3 Beds 3 Baths 2,329 sqft Built 1997

$259,950

List Price

$1,730

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

November 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $111.61
  • 4 Days on Market
  • MLS # : 1494796
  • Updated Date : 11/19/2020 at 16:54
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,329 sqft
  • Baths : 2 full , 1 half
Listing Agent

Redfin Corporation

Listing Agent's Description

Wonderful Pembroke Village Home On Cul-De-Sac In A Gated Community! Featuring Laminate & tile flooring, neutral tones, 2 living spaces, separate dining room and ceiling fans throughout .Primary suite includes bath with dual sinks, tub/shower, and walk-in closet. The updated kitchen is well-equipped with SS appliances, granite counters, breakfast bar and walk-in pantry. Secondary bedrooms are well-sized. Energy features include double pane windows, storm doors and solar screens. The beautiful back yard has mature trees, privacy fence, covered patio and outdoor fireplace. Great location, close to schools, parks and just minutes from shopping and restaurants.

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: Alamo Farmsteads

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k239k

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

Neighborhood: Alamo Farmsteads

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2850900950100010501100115012001250130013501400145015001550Rent in $8451565

* 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
Thornton Elementary School Primary Regular 700 46 6
Rudder Middle School Middle Regular 1,050 66 5
Marshall High School High Regular 2,682 162 5

Thornton Elementary School

  • Education Level: Primary
  • # of students: 700
  • # of teachers: 46
6
GreatSchools Rating

Rudder Middle School

  • Education Level: Middle
  • # of students: 1,050
  • # of teachers: 66
5
GreatSchools Rating

Marshall High School

  • Education Level: High
  • # of students: 2,682
  • # of teachers: 162
5
GreatSchools Rating
 

$233,955$285,945$259,950

PURCHASE PRICE

$1,557$1,903$1,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,730
EXPENSES Loan Payment -$959
Property Tax -$580
Property Insurance -$161
HOA -$43
Property Management Fees -$99
CASH FLOW
-$113

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.

$259,950

PROJECTED PRICE

$1,730

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 4.7%
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$74,637

INVESTMENT

$74,637

Down Payment
$64,988
Rehab Estimate
$5,750
Closing Costs
$3,899

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$959

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $64,988
Loan Amount $194,963
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$2,226

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,730

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $1,869

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$1,730
1$1,7302$1,7753$1,8504$1,9255$1,950
$1,950
RENT COMPS ANALYSIS
  • 17 Pembroke Ct San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,329 Sqft ∙ Built 1997 3 beds 3 baths ∙ 2,329 Sqft ∙ Built 1997
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,730
    • $0.74
    •  
  • 6511 Rambling Trail Dr San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,204 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,204 Sqft ∙ Built 1994
    property image
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.81
    •  
  • 9047 Maggie Ct San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,480 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,480 Sqft ∙ Built 1996
    property image
    LEASED 08/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.75
    •  
  • 11378 Woodridge Forest San Antonio, TX 4
    • 4 beds 2 baths ∙ 2,315 Sqft ∙ Built 2001 4 beds 2 baths ∙ 2,315 Sqft ∙ Built 2001
    property image
    LEASED 01/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,925
    • $0.83
    •  
  • 6502 Jade Trail San Antonio, TX 5
    • 4 beds 2 baths ∙ 2,386 Sqft ∙ Built 1999 4 beds 2 baths ∙ 2,386 Sqft ∙ Built 1999
    property image
    LEASED 08/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.82
    •  
PROPERTY LISTING DETAILS
Derrell Skillman
1.210.789.2608
Redfin Corporation
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1494796
Last Updated: 11/19/2020
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