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2411 Vibrant Oak San Antonio, TX 78232

3 Beds 2 Baths 1,757 sqft Built 1986

$235,900

List Price

$1,690

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $134.26
  • 2 Days on Market
  • MLS # : 1497159
  • Updated Date : 11/29/2020 at 00:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,757 sqft
  • Baths : 2 full
Listing Agent

Sapphire Realty

Listing Agent's Description

Welcome to this lovely one story home with 3 bedrooms and 2 bathrooms. Very nice floor plan with raised high ceiling at both family rooms and primary bedroom. New roof, newer Heating & Cooling Units, Ceramic Tile flooring throughout the house. Cozy fireplace. Lots of kitchen cabinets, Garden tub with Separate shower. Double sinks in main bathroom with walk in closet. Privacy fenced backyard on a quiet street and wonderful area. Great school district. Minutes away from shops & restaurant's Easy access to N Loop 1604 Freeway and 281 UTSA as well Six Flags Fiesta Texas only 11.5 miles away 20min drive great for family fun time Must See It! WONDERFUL LAYOUT & BEAUTIFUL updates allow you to move right in Or just add your own touches & enjoy your new home for years to come!!!

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: North San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $86k294k

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

Neighborhood: North San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800190020002100Rent in $8452175

* 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
Thousand Oaks Elementary School Primary Regular 812 46 6
Bradley Middle School Middle Regular 1,169 66 8
Macarthur High School High Regular 2,544 153 6

Thousand Oaks Elementary School

  • Education Level: Primary
  • # of students: 812
  • # of teachers: 46
6
GreatSchools Rating

Bradley Middle School

  • Education Level: Middle
  • # of students: 1,169
  • # of teachers: 66
8
GreatSchools Rating

Macarthur High School

  • Education Level: High
  • # of students: 2,544
  • # of teachers: 153
6
GreatSchools Rating
 

$212,310$259,490$235,900

PURCHASE PRICE

$1,521$1,859$1,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,690
EXPENSES Loan Payment -$870
Property Tax -$527
Property Insurance -$128
Property Management Fees -$99
CASH FLOW
$66

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.

$235,900

PROJECTED PRICE

$1,690

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 4.5%
Maintenance Year (1-5) 8.00%
Vacancy 9.32%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,264

INVESTMENT

$68,264

Down Payment
$58,975
Rehab Estimate
$5,750
Closing Costs
$3,539

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$870

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $58,975
Loan Amount $176,925
See What Happens When You Reinvest Cash Flow

4

YEARS SAVED

$9,756

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,690

    LIST RENT
  • $0.96

    LIST RENT PER SQFT
  • $1,766

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$1,580
1$1,5802$1,5953$1,6504$1,6905$1,800
$1,800
RENT COMPS ANALYSIS
  • 2411 Vibrant Oak San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,757 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,757 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.96
    •  
  • 2427 Canyon Rim San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,665 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,665 Sqft ∙ Built 1986
    LEASED 10/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,580
    • $0.95
    •  
  • 2518 Wild Turkey E San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,607 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,607 Sqft ∙ Built 1992
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.99
    •  
  • 16579 Canyon Cross San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,654 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,654 Sqft ∙ Built 1986
    LEASED 09/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $1.00
    •  
  • 2411 Facet Oak San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,667 Sqft ∙ Built 1986
    LEASED 03/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.08
    •  
PROPERTY LISTING DETAILS
Chandra Ware
1.832.428.9790
Sapphire Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1497159
Last Updated: 11/29/2020
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