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4235 Bayliss St San Antonio, TX 78233

3 Beds 2 Baths 1,488 sqft Built 1972

$189,900

List Price

$1,290

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $127.62
  • 4 Days on Market
  • MLS # : 1494820
  • Updated Date : 11/15/2020 at 00:06
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,488 sqft
  • Baths : 2 full
Listing Agent

Morningstar Realty

Listing Agent's Description

Beautifully updated home features tasteful stainless appliances, gas stove, large back yard, central A/C, central heat, ceiling fans, vinyl plank floors, side-by-side W/D connections. 3 large bedrooms and plenty of space for storage. Renovated bathrooms include flooring, light fixtures, faucets, refinished vanities and showers. Located right off Wurzbach Pkwy and close to everything! Won't last long...

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: Hills of Park North

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Hills of Park North

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
Clear Spring Elementary School Primary Regular 436 37 3
Krueger Middle School Middle Regular 1,170 79 5
Roosevelt High School High Regular 2,916 186 4

Clear Spring Elementary School

  • Education Level: Primary
  • # of students: 436
  • # of teachers: 37
3
GreatSchools Rating

Krueger Middle School

  • Education Level: Middle
  • # of students: 1,170
  • # of teachers: 79
5
GreatSchools Rating

Roosevelt High School

  • Education Level: High
  • # of students: 2,916
  • # of teachers: 186
4
GreatSchools Rating
 

$170,910$208,890$189,900

PURCHASE PRICE

$1,161$1,419$1,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,290
EXPENSES Loan Payment -$701
Property Tax -$424
Property Insurance -$113
Property Management Fees -$99
CASH FLOW
-$47

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.

$189,900

PROJECTED PRICE

$1,290

PROJECTED RENT

0.68%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 7.3%
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$600k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$56,074

INVESTMENT

$56,074

Down Payment
$47,475
Rehab Estimate
$5,750
Closing Costs
$2,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$701

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $47,475
Loan Amount $142,425
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$2,802

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,290

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,380

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,195
1$1,1952$1,2503$1,2904$1,2955$1,350
$1,350
RENT COMPS ANALYSIS
  • 4235 Bayliss St San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,488 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,488 Sqft ∙ Built 1972
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,290
    • $0.87
    •  
  • 4231 Eagle Nest Dr San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,405 Sqft ∙ Built 1971
    property image
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.85
    •  
  • 4434 Bayliss St San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,321 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,321 Sqft ∙ Built 1973
    property image
    LEASED 01/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.95
    •  
  • 4219 Greystone Dr San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,320 Sqft ∙ Built 1971
    property image
    LEASED 09/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.98
    •  
  • 10711 Edgefield Dr San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,454 Sqft ∙ Built 1971
    property image
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.93
    •  
PROPERTY LISTING DETAILS
David Bowman
1.210.325.9972
Morningstar Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1494820
Last Updated: 11/15/2020
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