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226 Shadbush St San Antonio, TX 78245

3 Beds 5 Baths 1,412 sqft Built 2007

$185,000

List Price

$1,240

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $131.02
  • 3 Days on Market
  • MLS # : 1498201
  • Updated Date : 12/05/2020 at 00:04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,412 sqft
  • Baths : 3 full , 2 half
Listing Agent

Fidelity Realty Group

Listing Agent's Description

Great open floor plan single story home with large living room dining room, kitchen and bedrooms. No carpet, whole house has ceramic tile! Centrally located near schools, freeways, places of worship, SeaWorld, NW Vista College, UTSA, Shops at La Cantera, the Rim, St Mary's University and only 15 minutes from down town. Enjoy your evenings on large patio in the back yard!

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: West San Antonio

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Murnin Elementary School Primary Regular 915 52 6
Pease Middle School Middle Regular 1,139 73 4
Stevens High School High Regular 2,866 172 4

Murnin Elementary School

  • Education Level: Primary
  • # of students: 915
  • # of teachers: 52
6
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
 

$166,500$203,500$185,000

PURCHASE PRICE

$1,116$1,364$1,240

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,240
EXPENSES Loan Payment -$683
Property Tax -$413
Property Insurance -$109
HOA -$10
Property Management Fees -$99
CASH FLOW
-$73

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.

$185,000

PROJECTED PRICE

$1,240

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.9%
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

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$54,775

INVESTMENT

$54,775

Down Payment
$46,250
Rehab Estimate
$5,750
Closing Costs
$2,775

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$683

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $46,250
Loan Amount $138,750
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$2,085

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,240

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $1,211

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2403$1,3004$1,3455$1,475
$1,475
RENT COMPS ANALYSIS
  • 226 Shadbush St San Antonio, TX 2
    • 3 beds 5 baths ∙ 1,412 Sqft ∙ Built 2007 3 beds 5 baths ∙ 1,412 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $1,240
    • $0.88
    •  
  • 407 Butternut Blvd San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,574 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,574 Sqft ∙ Built 2006
    LEASED 01/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.76
    •  
  • 8722 Loon Ct San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,536 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,536 Sqft ∙ Built 2005
    LEASED 04/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.85
    •  
  • 1115 Autumn Moon San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,494 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,494 Sqft ∙ Built 2005
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,345
    • $0.90
    •  
  • 602 Sanderling San Antonio, TX 5
    • 3 beds 3 baths ∙ 1,602 Sqft ∙ Built 2009 3 beds 3 baths ∙ 1,602 Sqft ∙ Built 2009
    LEASED 03/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.92
    •  
PROPERTY LISTING DETAILS
Roberto Lozano
1.210.559.2222
Fidelity Realty Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1498201
Last Updated: 12/05/2020
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