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2314 Brave Eagle San Antonio, TX 78251

4 Beds 3 Baths 2,214 sqft Built 2000

$214,975

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $97.10
  • 4 Days on Market
  • MLS # : 1494644
  • Updated Date : 11/12/2020 at 22:55
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,214 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Heritage

Listing Agent's Description

GREAT 4 BEDROOM PLAN, SQ FT 2136 PER BUILDERS PLANS! SUPER CONDITION!! NICE & OPEN LIVING ROOM, DINING ROOM, BREAKFAST AREA AND KITCHEN!!! MASTER & ALL BEDROOMS ARE GOOD SIZE ! Flooring in need of replacing. Sellers open to allowance depending on offer. Property sits in culdesac and features an extra large back yard

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: West San Antonio

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $86k213k

* 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
Evers Elementary School Primary Regular 1,002 58 6
Jordan Middle School Middle Regular 1,353 78 5
Warren High School High Regular 3,052 176 7

Evers Elementary School

  • Education Level: Primary
  • # of students: 1,002
  • # of teachers: 58
6
GreatSchools Rating

Jordan Middle School

  • Education Level: Middle
  • # of students: 1,353
  • # of teachers: 78
5
GreatSchools Rating

Warren High School

  • Education Level: High
  • # of students: 3,052
  • # of teachers: 176
7
GreatSchools Rating
 

$193,478$236,473$214,975

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$793
Property Tax -$480
Property Insurance -$155
HOA -$15
Property Management Fees -$99
CASH FLOW
-$32

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.

$214,975

PROJECTED PRICE

$1,510

PROJECTED RENT

0.70%

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$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$62,718

INVESTMENT

$62,718

Down Payment
$53,744
Rehab Estimate
$5,750
Closing Costs
$3,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$793

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $53,744
Loan Amount $161,231
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$4,165

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,510

    LIST RENT
  • $0.68

    LIST RENT PER SQFT
  • $1,583

    COMP ESTIMATED VALUE
  • $0.72

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4503$1,4504$1,5105$1,700
$1,700
RENT COMPS ANALYSIS
  • 2314 Brave Eagle San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,214 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,214 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.68
    •  
  • 8915 Mansfield San Antonio, TX 1
    • 4 beds 2 baths ∙ 2,021 Sqft ∙ Built 1985 4 beds 2 baths ∙ 2,021 Sqft ∙ Built 1985
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.69
    •  
  • 2515 Sequoia Height St San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,086 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,086 Sqft ∙ Built 2000
    LEASED 01/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.70
    •  
  • 8443 Star Creek Dr San Antonio, TX 3
    • 4 beds 2 baths ∙ 2,090 Sqft ∙ Built 1983 4 beds 2 baths ∙ 2,090 Sqft ∙ Built 1983
    LEASED 09/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.69
    •  
  • 2207 Petseri Park San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,173 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,173 Sqft ∙ Built 2010
    LEASED 06/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.78
    •  
PROPERTY LISTING DETAILS
Kelly Gonzalez
1.210.601.0433
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1494644
Last Updated: 11/12/2020
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