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4138 Sunrise Crest Dr San Antonio, TX 78244

4 Beds 2 Baths 1,315 sqft Built 1984

$152,500

List Price

$1,090

$981 - $1.2K

Rent Est.

PROPERTY INFO

December 01, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $115.97
  • 6 Days on Market
  • MLS # : 1497410
  • Updated Date : 12/01/2020 at 14:04
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,315 sqft
  • Baths : 2 full
Listing Agent

Exp Realty Llc

Listing Agent's Description

Welcome Home! This completely renovated 4 Bedroom home is ready for move in ! This gem has a ton of recent updates that include new flooring , new light fixtures, sheetrock , new paint (inside and out), new HVAC and ductwork, new roof ,new insulation ,new granite counter tops, new siding and a brand new covered patio. This home is a must see!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

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
Paschall Elementary School Primary Regular 775 54 4
Kirby Middle School Middle Regular 869 57 3
Wagner High School High Regular 2,274 138 3

Paschall Elementary School

  • Education Level: Primary
  • # of students: 775
  • # of teachers: 54
4
GreatSchools Rating

Kirby Middle School

  • Education Level: Middle
  • # of students: 869
  • # of teachers: 57
3
GreatSchools Rating

Wagner High School

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

$137,250$167,750$152,500

PURCHASE PRICE

$981$1,199$1,090

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,090
EXPENSES Loan Payment -$563
Property Tax -$340
Property Insurance -$103
Property Management Fees -$99
CASH FLOW
-$15

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.

$152,500

PROJECTED PRICE

$1,090

PROJECTED RENT

0.71%

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$50k$100k$150k$200k$250k$300k$350k$400k$450k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$50k$100k$150k$200k$250k$300k$350k$400k$450k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$46,163

INVESTMENT

$46,163

Down Payment
$38,125
Rehab Estimate
$5,750
Closing Costs
$2,288

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$563

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $38,125
Loan Amount $114,375
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$3,137

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,090

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,091

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$950
1$9502$1,0003$1,0904$1,1005$1,200
$1,200
RENT COMPS ANALYSIS
  • 4138 Sunrise Crest Dr San Antonio, TX 3
    • 4 beds 2 baths ∙ 1,315 Sqft ∙ Built 1984 4 beds 2 baths ∙ 1,315 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $1,090
    • $0.83
    •  
  • 4158 Hunters Sun Dr San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,168 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,168 Sqft ∙ Built 1985
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $950
    • $0.81
    •  
  • 6054 Glacier Sun Dr San Antonio, TX 2
    • 4 beds 1 baths ∙ 1,216 Sqft ∙ Built 1984 4 beds 1 baths ∙ 1,216 Sqft ∙ Built 1984
    LEASED 01/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,000
    • $0.82
    •  
  • 4030 Winter Sunrise Dr San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,370 Sqft ∙ Built 1986 4 beds 2 baths ∙ 1,370 Sqft ∙ Built 1986
    LEASED 10/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,100
    • $0.80
    •  
  • 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
    LEASED 03/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.89
    •  
PROPERTY LISTING DETAILS
Jorge Lizalde
1.210.264.1125
Exp Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1497410
Last Updated: 12/01/2020
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