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4427 Brushy Hill San Antonio, TX 78217

3 Beds 3 Baths 1,679 sqft Built 1984

$229,000

List Price

$1,500

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $136.39
  • 2 Days on Market
  • MLS # : 1498278
  • Updated Date : 12/05/2020 at 18:35
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,679 sqft
  • Baths : 2 full , 1 half
Listing Agent

Congress Realty, Inc

Listing Agent's Description

A place you love to call home in quiet golf course neighborhood! Conveniently located in the middle of I-35, Highway 281, and Loops 1604 & 410. Open floor plan including additional family room for secondary living area. Abundance of space in utility room, garage, and backyard shed for storage. The private, covered patio is a favorite among guests, and you'll be delighted to host your gatherings here! Updated carpet, air conditioner, water heater, light fixtures, painted kitchen & backyard deck, and trimmed trees. Move in ready.

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: Northern Hills

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Northern Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28509009501000105011001150120012501300135014001450Rent in $8451491

* 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
Northern Hills Elementary School Primary Regular 629 38 3
Driscoll Middle School Middle Regular 900 54 5
Madison High School High Regular 3,364 190 5

Northern Hills Elementary School

  • Education Level: Primary
  • # of students: 629
  • # of teachers: 38
3
GreatSchools Rating

Driscoll Middle School

  • Education Level: Middle
  • # of students: 900
  • # of teachers: 54
5
GreatSchools Rating

Madison High School

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

$206,100$251,900$229,000

PURCHASE PRICE

$1,350$1,650$1,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,500
EXPENSES Loan Payment -$845
Property Tax -$511
Property Insurance -$124
Property Management Fees -$99
CASH FLOW
-$79

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.

$229,000

PROJECTED PRICE

$1,500

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 6.3%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$66,435

INVESTMENT

$66,435

Down Payment
$57,250
Rehab Estimate
$5,750
Closing Costs
$3,435

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$845

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $57,250
Loan Amount $171,750
See What Happens When You Reinvest Cash Flow

1.75

YEARS SAVED

$2,955

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,500

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,503

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,295
1$1,2952$1,4503$1,5004$1,5505$1,600
$1,600
RENT COMPS ANALYSIS
  • 4427 Brushy Hill San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,679 Sqft ∙ Built 1984 3 beds 3 baths ∙ 1,679 Sqft ∙ Built 1984
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.89
    •  
  • 13907 Woodbreeze St San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,550 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,550 Sqft ∙ Built 1982
    LEASED 02/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.84
    •  
  • 13539 Harvest Bend San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,714 Sqft ∙ Built 1981
    LEASED 01/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.85
    •  
  • 4515 Oak Wind St San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,589 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,589 Sqft ∙ Built 1981
    LEASED 10/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.98
    •  
  • 4323 Hilton Head St San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,757 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,757 Sqft ∙ Built 1982
    LEASED 06/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.91
    •  
PROPERTY LISTING DETAILS
Jared English
1.800.657.6579
Congress Realty, Inc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1498278
Last Updated: 12/05/2020
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