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3027 Saylers Crk San Antonio, TX 78245

4 Beds 3 Baths 2,513 sqft Built 2016

$238,000

List Price

$1,620

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 2016
  • Price/Sqft : $94.71
  • 2 Days on Market
  • MLS # : 1491057
  • Updated Date : 11/02/2020 at 22:53
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,513 sqft
  • Baths : 2 full , 1 half
Listing Agent

Kuper Sotheby's Int'l Realty

Listing Agent's Description

Discover an inviting 4 BR 2.5 BA home in the desirable Northwest community of Kriewald Place. This pristine property offers an open floor plan including a family room with 2-story ceilings. The owner's suite is down plus a great study/flex/exercise room, utility room and a half bath. The large island kitchen features miles of granite countertops, 42 inch cabinets and gas cooking. Upstairs you will find a spacious game room plus three additional bedrooms and a generous full bath. Many upgrades such as, extended patio with gazebo to enhance your outdoor living experience, water softener (owned), tile in all bathrooms and coated garage floor. Walk to elementary school. Neighborhood has a Park/Playground and jogging trail. Close to Lackland, Downtown, Sea World.

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*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
Michael Elementary School Primary Regular 828 52 3
Rayburn Middle School Middle Regular 978 73 4
John Jay High School High Regular 2,929 182 3

Michael Elementary School

  • Education Level: Primary
  • # of students: 828
  • # of teachers: 52
3
GreatSchools Rating

Rayburn Middle School

  • Education Level: Middle
  • # of students: 978
  • # of teachers: 73
4
GreatSchools Rating

John Jay High School

  • Education Level: High
  • # of students: 2,929
  • # of teachers: 182
3
GreatSchools Rating
 

$214,200$261,800$238,000

PURCHASE PRICE

$1,458$1,782$1,620

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,620
EXPENSES Loan Payment -$878
Property Tax -$531
Property Insurance -$172
HOA -$5
Property Management Fees -$99
CASH FLOW
-$65

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.

$238,000

PROJECTED PRICE

$1,620

PROJECTED RENT

0.68%

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$600k

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$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,820

INVESTMENT

$68,820

Down Payment
$59,500
Rehab Estimate
$5,750
Closing Costs
$3,570

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$878

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $59,500
Loan Amount $178,500
See What Happens When You Reinvest Cash Flow

1.92

YEARS SAVED

$3,406

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,620

    LIST RENT
  • $0.64

    LIST RENT PER SQFT
  • $1,684

    COMP ESTIMATED VALUE
  • $0.67

    COMP AVG. RENT PER SQFT
Comps Range
$1,620
1$1,6202$1,6503$1,6504$1,6505$1,695
$1,695
RENT COMPS ANALYSIS
  • 3027 Saylers Crk San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,513 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $1,620
    • $0.64
    •  
  • 9714 Belmore Cove San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,501 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,501 Sqft ∙ Built 2016
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.66
    •  
  • 9815 Placid Bay San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,671 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,671 Sqft ∙ Built 2008
    LEASED 05/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.62
    •  
  • 2423 Marbach Wds San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,372 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,372 Sqft ∙ Built 2018
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.70
    •  
  • 3523 York Crest San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,410 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,410 Sqft ∙ Built 2013
    LEASED 08/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.70
    •  
PROPERTY LISTING DETAILS
Patricia Walker
1.210.386.7515
Kuper Sotheby's Int'l Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1491057
Last Updated: 11/02/2020
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