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1935 Sunview Bluff San Antonio, TX 78224

3 Beds 3 Baths 1,604 sqft Built 2007

$179,500

List Price

$1,280

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $111.91
  • 2 Days on Market
  • MLS # : 1499425
  • Updated Date : 12/12/2020 at 16:58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,604 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams City-view

Listing Agent's Description

Beautiful home located in the Lago Vista subdivision. This home consist of 3 bedrooms, 2.5 bath, nice sized backyard with a spacious owners suite. Just minutes away from Toyota, Texas A&M San Antonio, Shopping centers, Brooks City Base, Incarnate Word Medical School & much more!

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: South Southwest Neighborhood Association

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $63k204k

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

Neighborhood: South Southwest Neighborhood Association

NeighborhoodNIR Market*CityMarket2010Year20002019 Q260070080090010001100120013001400Rent in $5561456

* 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
Hutchins Elementary School Primary Regular 598 35 3
Robert C. Zamora Middle School Middle Regular 579 38 4
South San Antonio High School High Regular 2,421 147 3

Hutchins Elementary School

  • Education Level: Primary
  • # of students: 598
  • # of teachers: 35
3
GreatSchools Rating

Robert C. Zamora Middle School

  • Education Level: Middle
  • # of students: 579
  • # of teachers: 38
4
GreatSchools Rating

South San Antonio High School

  • Education Level: High
  • # of students: 2,421
  • # of teachers: 147
3
GreatSchools Rating
 

$161,550$197,450$179,500

PURCHASE PRICE

$1,152$1,408$1,280

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,280
EXPENSES Loan Payment -$662
Property Tax -$401
Property Insurance -$120
HOA -$22
Property Management Fees -$99
CASH FLOW
-$24

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.

$179,500

PROJECTED PRICE

$1,280

PROJECTED RENT

0.71%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 6.4%
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

PROJECTED ANNUAL CASH FLOW

11530-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$53,318

INVESTMENT

$53,318

Down Payment
$44,875
Rehab Estimate
$5,750
Closing Costs
$2,693

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$662

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $44,875
Loan Amount $134,625
See What Happens When You Reinvest Cash Flow

2.25

YEARS SAVED

$3,238

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,280

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $1,291

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,275
1$1,2752$1,2803$1,4004$1,4005$1,465
$1,465
RENT COMPS ANALYSIS
  • 1935 Sunview Bluff San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,604 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,604 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $1,280
    • $0.80
    •  
  • 8731 Sunview Park San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,604 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,604 Sqft ∙ Built 2007
    LEASED 06/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.79
    •  
  • 2114 Catfish Pond San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,777 Sqft ∙ Built 2015 3 beds 3 baths ∙ 1,777 Sqft ∙ Built 2015
    LEASED 12/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.79
    •  
  • 10427 Catfish Ln San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,689 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,689 Sqft ∙ Built 2006
    LEASED 10/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.83
    •  
  • 10715 Butterfly Pass San Antonio, TX 5
    • 4 beds 3 baths ∙ 1,817 Sqft ∙ Built 2014 4 beds 3 baths ∙ 1,817 Sqft ∙ Built 2014
    LEASED 01/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,465
    • $0.81
    •  
PROPERTY LISTING DETAILS
Alexander Mercado
1.210.373.2603
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1499425
Last Updated: 12/12/2020
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