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4514 Caracol Pt San Antonio, TX 78251

4 Beds 3 Baths 1,902 sqft Built 2006

$210,000

List Price

$1,440

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 2006
  • Price/Sqft : $110.41
  • 3 Days on Market
  • MLS # : 1493613
  • Updated Date : 11/06/2020 at 16:16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,902 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams City-view

Listing Agent's Description

Beautiful 4 bedroom cul-de-sac home in the desired Culebra Crossing. Open floorplan with large island kitchen & stainless steel appliances. Master suite upstairs with double vanity, garden tub, & walk-in closets. Great location with easy commute to 1604, 410, and Westover Hills. Schedule your showing today!

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: West San Antonio

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $86k213k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Myers Elementary School Primary Regular 738 50 4
Jordan Middle School Middle Regular 1,353 78 5
Warren High School High Regular 3,052 176 7

Myers Elementary School

  • Education Level: Primary
  • # of students: 738
  • # of teachers: 50
4
GreatSchools Rating

Jordan Middle School

  • Education Level: Middle
  • # of students: 1,353
  • # of teachers: 78
5
GreatSchools Rating

Warren High School

  • Education Level: High
  • # of students: 3,052
  • # of teachers: 176
7
GreatSchools Rating
 

$189,000$231,000$210,000

PURCHASE PRICE

$1,296$1,584$1,440

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,440
EXPENSES Loan Payment -$775
Property Tax -$469
Property Insurance -$137
HOA -$16
Property Management Fees -$99
CASH FLOW
-$55

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.

$210,000

PROJECTED PRICE

$1,440

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.9%
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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$61,400

INVESTMENT

$61,400

Down Payment
$52,500
Rehab Estimate
$5,750
Closing Costs
$3,150

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$775

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $52,500
Loan Amount $157,500
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$3,194

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,440

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,469

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,4403$1,4504$1,5005$1,565
$1,565
RENT COMPS ANALYSIS
  • 4514 Caracol Pt San Antonio, TX 2
    • 4 beds 3 baths ∙ 1,902 Sqft ∙ Built 2006 4 beds 3 baths ∙ 1,902 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,440
    • $0.76
    •  
  • 9019 Timber Hunt San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 2004
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.80
    •  
  • 4518 Cerca Royale San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,997 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,997 Sqft ∙ Built 2006
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.73
    •  
  • 5003 Kallies Circle San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,845 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,845 Sqft ∙ Built 1998
    LEASED 06/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.81
    •  
  • 8259 Elm Glade San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,100 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,100 Sqft ∙ Built 2003
    LEASED 02/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,565
    • $0.75
    •  
PROPERTY LISTING DETAILS
Shane Neal
1.210.982.0405
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1493613
Last Updated: 11/06/2020
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