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4007 Sunrise Bluff Dr San Antonio, TX 78244

4 Beds 2 Baths 1,340 sqft Built 1984

$120,000

List Price

$1,160

$1K - $1.3K

Rent Est.

PROPERTY INFO

October 29, 2020 RECENTLY ADDED
FACTS
  • Built In 1984
  • Price/Sqft : $89.55
  • 6 Days on Market
  • MLS # : 1492123
  • Updated Date : 10/29/2020 at 22:36
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,340 sqft
  • Baths : 2 full
Listing Agent

Century 21 Northside

Listing Agent's Description

INVESTORS TAKE A LOOK THIS ONE!! LOW COST AND IT IS LEASED FOR $950.00 A MONTH. GREAT RETURN ALWAYS RENTED. IN GOOD CONDITION. THIS OWNER TAKES CARE OF HIS PROPERTIES. PART OF A 12 PROPERTY PORTFOLIO. WOULD LIKE TO SELL TOGETHER OR CAN DIVIDE BUT THE MORE THE BETTER. SEE MLS NUMBERWHICH INCLUDES THIS LISTING 1492178,1492122,1492131,1492172,1492128,1492161,1492123,1492124,1492132,1482184,1492189,1492137

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: Sunrise

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $64k204k

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

Neighborhood: Sunrise

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
Candlewood Elementary School Primary Regular 670 49 2
Metzger Middle School Middle Regular 967 57 3
Wagner High School High Regular 2,274 138 3

Candlewood Elementary School

  • Education Level: Primary
  • # of students: 670
  • # of teachers: 49
2
GreatSchools Rating

Metzger Middle School

  • Education Level: Middle
  • # of students: 967
  • # of teachers: 57
3
GreatSchools Rating

Wagner High School

  • Education Level: High
  • # of students: 2,274
  • # of teachers: 138
3
GreatSchools Rating
 

$108,000$132,000$120,000

PURCHASE PRICE

$1,044$1,276$1,160

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,160
EXPENSES Loan Payment -$443
Property Tax -$303
Property Insurance -$104
Property Management Fees -$99
CASH FLOW
$211

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.

$120,000

PROJECTED PRICE

$1,160

PROJECTED RENT

0.97%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 5.3%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$50k$100k$150k$200k$250k$300k$350k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$37,550

INVESTMENT

$37,550

Down Payment
$30,000
Rehab Estimate
$5,750
Closing Costs
$1,800

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$443

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $30,000
Loan Amount $90,000
See What Happens When You Reinvest Cash Flow

10.08

YEARS SAVED

$20,513

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,160

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,136

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,100
1$1,1002$1,1453$1,1504$1,1605$1,200
$1,200
RENT COMPS ANALYSIS
  • 4007 Sunrise Bluff Dr San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,340 Sqft ∙ Built 1984 4 beds 2 baths ∙ 1,340 Sqft ∙ Built 1984
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,160
    • $0.87
    •  
  • 4030 Winter Sunrise Dr San Antonio, TX 1
    • 4 beds 2 baths ∙ 1,370 Sqft ∙ Built 1986 4 beds 2 baths ∙ 1,370 Sqft ∙ Built 1986
    property image
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.80
    •  
  • 3743 Candleglenn San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,332 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,332 Sqft ∙ Built 2002
    property image
    LEASED 03/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,145
    • $0.86
    •  
  • 4059 Fire Sun San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1983
    property image
    LEASED 01/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.84
    •  
  • 4115 Winter Sunrise Dr San Antonio, TX 5
    • 4 beds 2 baths ∙ 1,344 Sqft ∙ Built 1988 4 beds 2 baths ∙ 1,344 Sqft ∙ Built 1988
    property image
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.89
    •  
PROPERTY LISTING DETAILS
Jeff Smith
1.210.710.5326
Century 21 Northside
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1492123
Last Updated: 10/29/2020
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