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3030 Big Horn Dr San Antonio, TX 78228

3 Beds 2 Baths 984 sqft Built 1974

$165,000

List Price

$1,190

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

December 31, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1974
  • Price/Sqft : $167.68
  • 4 Days on Market
  • MLS # : 1501705
  • Updated Date : 12/31/2020 at 18:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 984 sqft
  • Baths : 2 full
Listing Agent

Opendoor Brokerage Llc

Listing Agent's Description

This San Antonio one-story home offers a patio and a one-car garage. This home is vacant and cleaned regularly. This home has been virtually staged to illustrate its potential! Thanks for viewing!

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: Ingram Hills

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Ingram Hills

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
Villarreal Elementary School Primary Regular 795 56 5
Ross Middle School Middle Regular 1,116 78 4
Holmes High School High Regular 2,808 171 5

Villarreal Elementary School

  • Education Level: Primary
  • # of students: 795
  • # of teachers: 56
5
GreatSchools Rating

Ross Middle School

  • Education Level: Middle
  • # of students: 1,116
  • # of teachers: 78
4
GreatSchools Rating

Holmes High School

  • Education Level: High
  • # of students: 2,808
  • # of teachers: 171
5
GreatSchools Rating
 

$148,500$181,500$165,000

PURCHASE PRICE

$1,071$1,309$1,190

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,190
EXPENSES Loan Payment -$609
Property Tax -$368
Property Insurance -$84
Property Management Fees -$99
CASH FLOW
$30

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.

$165,000

PROJECTED PRICE

$1,190

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 9.1%
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$600k

PROJECTED ANNUAL CASH FLOW

11530-$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$49,475

INVESTMENT

$49,475

Down Payment
$41,250
Rehab Estimate
$5,750
Closing Costs
$2,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$609

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $41,250
Loan Amount $123,750
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$6,236

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,190

    LIST RENT
  • $1.21

    LIST RENT PER SQFT
  • $1,068

    COMP ESTIMATED VALUE
  • $1.09

    COMP AVG. RENT PER SQFT
Comps Range
$950
1$9502$9503$9754$1,1005$1,190
$1,190
RENT COMPS ANALYSIS
  • 3030 Big Horn Dr San Antonio, TX 5
    • 3 beds 2 baths ∙ 984 Sqft ∙ Built 1974 3 beds 2 baths ∙ 984 Sqft ∙ Built 1974
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,190
    • $1.21
    •  
  • 5014 Bartmer Ave San Antonio, TX 1
    • 3 beds 1 baths ∙ 870 Sqft ∙ Built 1971 3 beds 1 baths ∙ 870 Sqft ∙ Built 1971
    property image
    LEASED 01/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $950
    • $1.09
    •  
  • 510 Riverdale Dr San Antonio, TX 2
    • 3 beds 1 baths ∙ 891 Sqft ∙ Built 1972 3 beds 1 baths ∙ 891 Sqft ∙ Built 1972
    property image
    LEASED 05/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $950
    • $1.07
    •  
  • 5339 Calistoga St San Antonio, TX 3
    • 3 beds 2 baths ∙ 980 Sqft ∙ Built 1970 3 beds 2 baths ∙ 980 Sqft ∙ Built 1970
    property image
    LEASED 07/03/19
    • Rent
    • Rent Per SQFT
    •  
    • $975
    • $0.99
    •  
  • 2306 Fairhill St San Antonio, TX 4
    • 3 beds 2 baths ∙ 921 Sqft ∙ Built 1973 3 beds 2 baths ∙ 921 Sqft ∙ Built 1973
    property image
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $1.19
    •  
PROPERTY LISTING DETAILS
Feras Rachid
1.214.378.3667
Opendoor Brokerage Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1501705
Last Updated: 12/31/2020
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