Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

4162 Alaskian Sunrise San Antonio, TX 78244

3 Beds 3 Baths 1,504 sqft Built 1985

$139,900

List Price

$1,170

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

February 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $93.02
  • 6 Days on Market
  • MLS # : 1509058
  • Updated Date : 02/10/2021 at 16:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,504 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Realty Advantage

Listing Agent's Description

This home is located in one of the most popular school districts, Judson ISD. The neighborhood is near Loop 410, FM 78, minutes to Randolph AFB. Home is being sold AS IS. Perfect opportunity for the homebuyer that wants to work their way into home ownership. This property can be acquired through Certified Affordable Housing Providers Path To Homeownership Program. Features include new flooring, fixtures, paint, bathroom vanities, toilets, roof in 2020. You will enjoy spending time with the family in the second living area downstairs where there is plenty of room for a pool table or family game nights. All bedrooms are upstairs. The second floor includes an additional living space that is perfect for an office or for homeschooling.

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
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
 

$125,910$153,890$139,900

PURCHASE PRICE

$1,053$1,287$1,170

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,170
EXPENSES Loan Payment -$486
Property Tax -$312
Property Insurance -$114
Property Management Fees -$99
CASH FLOW
$159

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.

$139,900

PROJECTED PRICE

$1,170

PROJECTED RENT

0.84%

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$500k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$42,824

INVESTMENT

$42,824

Down Payment
$34,975
Rehab Estimate
$5,750
Closing Costs
$2,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$486

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $34,975
Loan Amount $104,925
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$13,277

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,170

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $1,162

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,170
1$1,1702$1,2003$1,2004$1,2295$1,300
$1,300
RENT COMPS ANALYSIS
  • 4162 Alaskian Sunrise San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,504 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,504 Sqft ∙ Built 1985
    • Rent
    • Rent Per SQFT
    •  
    • $1,170
    • $0.78
    •  
  • 5713 Cactus Sun San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,614 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,614 Sqft ∙ Built 1994
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.74
    •  
  • 5702 Country Sun Dr San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,553 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,553 Sqft ∙ Built 1984
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.77
    •  
  • 5830 Summer Fest Dr San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1993
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,229
    • $0.78
    •  
  • 5770 Hawaiian Sun Dr San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,631 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,631 Sqft ∙ Built 1984
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.80
    •  
PROPERTY LISTING DETAILS
Janet Wingrove
1.210.389.4715
Re/max Realty Advantage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1509058
Last Updated: 02/10/2021
BESbswy