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2131 Cedar Run Dr San Antonio, TX 78245

4 Beds 3 Baths 2,226 sqft Built 1972

$139,750

List Price

$1,310

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $62.78
  • 4 Days on Market
  • MLS # : 1513552
  • Updated Date : 03/13/2021 at 00:50
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,226 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams City-view

Listing Agent's Description

THIS IS A GREAT INVESTMENT PROPERTY. 4 BEDROOM/2.5BATH HOME THAT HAS THE MASTER DOWNSTAIRS. ONCE IT IS GIVEN SOME LOVE, IT IS A GREAT HOME TO LIVE IN, RENT OUT OR SELL. THE AREA IS VERY IN DEMAND, AND THE SIZE OF THE HOME GIVES YOU ALOT OF CHOICES OF WHAT TO DO. 2 LIVING AREAS, 2 EATING AREAS, AND SO MUCH POTENTIAL. COME SEE IT BEFORE IT GOES.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Adams Hill

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Adams Hill

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
Adams Hill Elementary School Primary Regular 580 43 4
Pease Middle School Middle Regular 1,139 73 4
Stevens High School High Regular 2,866 172 4

Adams Hill Elementary School

  • Education Level: Primary
  • # of students: 580
  • # of teachers: 43
4
GreatSchools Rating

Pease Middle School

  • Education Level: Middle
  • # of students: 1,139
  • # of teachers: 73
4
GreatSchools Rating

Stevens High School

  • Education Level: High
  • # of students: 2,866
  • # of teachers: 172
4
GreatSchools Rating
 

$125,775$153,725$139,750

PURCHASE PRICE

$1,179$1,441$1,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,310
EXPENSES Loan Payment -$485
Property Tax -$387
Property Insurance -$156
Property Management Fees -$99
CASH FLOW
$183

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.

$139,750

PROJECTED PRICE

$1,310

PROJECTED RENT

0.94%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 9.8%
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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$42,784

INVESTMENT

$42,784

Down Payment
$34,938
Rehab Estimate
$5,750
Closing Costs
$2,096

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$485

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $34,938
Loan Amount $104,813
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$13,223

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,310

    LIST RENT
  • $0.59

    LIST RENT PER SQFT
  • $1,352

    COMP ESTIMATED VALUE
  • $0.61

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,3103$1,3754$1,3955$1,449
$1,449
RENT COMPS ANALYSIS
  • 2131 Cedar Run Dr San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,226 Sqft ∙ Built 1972 4 beds 3 baths ∙ 2,226 Sqft ∙ Built 1972
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,310
    • $0.59
    •  
  • 2118 Gaines Mill St San Antonio, TX 1
    • 3 beds 2 baths ∙ 2,109 Sqft ∙ Built 1972 3 beds 2 baths ∙ 2,109 Sqft ∙ Built 1972
    property image
    LEASED 09/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.57
    •  
  • 2103 Farmsville Dr San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,244 Sqft ∙ Built 1986 3 beds 3 baths ∙ 2,244 Sqft ∙ Built 1986
    property image
    LEASED 01/28/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.61
    •  
  • 9854 Raven Field Dr San Antonio, TX 4
    • 3 beds 2 baths ∙ 2,157 Sqft ∙ Built 1992 3 beds 2 baths ∙ 2,157 Sqft ∙ Built 1992
    property image
    LEASED 10/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.65
    •  
  • 9855 Raven Field Dr San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,408 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,408 Sqft ∙ Built 1992
    property image
    LEASED 01/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,449
    • $0.60
    •  
PROPERTY LISTING DETAILS
Patty Monteza
1.210.865.4442
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1513552
Last Updated: 03/13/2021
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