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4118 Knollbluff San Antonio, TX 78247

3 Beds 3 Baths 2,742 sqft Built 1998

$220,000

List Price

$1,830

$1.6K - $2K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $80.23
  • 3 Days on Market
  • MLS # : 1499368
  • Updated Date : 12/12/2020 at 03:08
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,742 sqft
  • Baths : 2 full , 1 half
Listing Agent

Orchard Brokerage

Listing Agent's Description

Click the Virtual Tour link to view the 3D Matterport walkthrough. Expansive two story residence with neutral interiors and plenty of room to suit everyone's needs. Multiple living and dining areas. Large open kitchen with breakfast bar, plenty of counter space, and walk-in pantry. Easy to clean tile flooring. Spacious upper bedrooms and game room. Wooden decks from both upper and main levels to enjoy the green backyard. Clean and move-in ready. New carpet & New interior paint

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: Knollcreek

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $86k290k

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

Neighborhood: Knollcreek

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800Rent in $8451847

* 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
Longs Creek Elementary School Primary Regular 649 41 9
Harris Middle School Middle Regular 1,338 76 6
Madison High School High Regular 3,364 190 5

Longs Creek Elementary School

  • Education Level: Primary
  • # of students: 649
  • # of teachers: 41
9
GreatSchools Rating

Harris Middle School

  • Education Level: Middle
  • # of students: 1,338
  • # of teachers: 76
6
GreatSchools Rating

Madison High School

  • Education Level: High
  • # of students: 3,364
  • # of teachers: 190
5
GreatSchools Rating
 

$198,000$242,000$220,000

PURCHASE PRICE

$1,647$2,013$1,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,830
EXPENSES Loan Payment -$812
Property Tax -$569
Property Insurance -$185
HOA -$26
Property Management Fees -$99
CASH FLOW
$139

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.

$220,000

PROJECTED PRICE

$1,830

PROJECTED RENT

0.83%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 7.5%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$64,050

INVESTMENT

$64,050

Down Payment
$55,000
Rehab Estimate
$5,750
Closing Costs
$3,300

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$812

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $55,000
Loan Amount $165,000
See What Happens When You Reinvest Cash Flow

4.67

YEARS SAVED

$12,353

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,830

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $1,988

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,699
1$1,6992$1,7503$1,8304$1,9005$2,150
$2,150
RENT COMPS ANALYSIS
  • 4118 Knollbluff San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,742 Sqft ∙ Built 1998 3 beds 3 baths ∙ 2,742 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,830
    • $0.67
    •  
  • 4818 Sunlit Well Dr San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,575 Sqft ∙ Built 1995 3 beds 3 baths ∙ 2,575 Sqft ∙ Built 1995
    property image
    LEASED 11/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,699
    • $0.66
    •  
  • 15890 Redwoods Manor San Antonio, TX 2
    • 3 beds 4 baths ∙ 2,640 Sqft ∙ Built 2004 3 beds 4 baths ∙ 2,640 Sqft ∙ Built 2004
    property image
    LEASED 08/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.66
    •  
  • 16622 Knollvista San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,581 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,581 Sqft ∙ Built 1986
    property image
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.74
    •  
  • 16715 Coral Glade San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,551 Sqft ∙ Built 1989 4 beds 3 baths ∙ 2,551 Sqft ∙ Built 1989
    property image
    LEASED 11/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.84
    •  
PROPERTY LISTING DETAILS
Orlando Ayarzagoitia
1.210.463.5635
Orchard Brokerage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1499368
Last Updated: 12/12/2020
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