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4707 Bohill St San Antonio, TX 78217

3 Beds 2 Baths 2,030 sqft Built 1980

$240,000

List Price

$1,630

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $118.23
  • 3 Days on Market
  • MLS # : 1499312
  • Updated Date : 12/11/2020 at 21:22
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,030 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Come and enjoy this updated traditional gem in the Northern Hills Golf Course Community! Every home should be this cozy! Open floor plan and vaulted ceiling! Amazing 3 bedroom home with numerous upgrades, spacious bedrooms, walk in closets, granite counters in kitchen, two eating areas, two living areas and laundry room inside. Light and bright with lots of windows! Ceramic tile flooring in all rooms except bedrooms. Baths have been upgraded with tile and granite. Inviting master suite with full bath, dual sinks and walk in closet! This homes offers the benefit of gas utilities. Sit and enjoy the back patio with mature trees or mornings/evenings in the atrium. Don't miss out on this one! Enjoy the luxury of a deed restricted community with optional participation in the HOA and amenities. Explore the options of HOA membership at: http://mynhha.org/welcome.html and the option of Northern Hills Pool Membership at https://www.thepoolatnorthernhills.org/daily-entry-membership. Schedule your private 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: 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
 

$216,000$264,000$240,000

PURCHASE PRICE

$1,467$1,793$1,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,630
EXPENSES Loan Payment -$886
Property Tax -$536
Property Insurance -$144
Property Management Fees -$99
CASH FLOW
-$34

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.

$240,000

PROJECTED PRICE

$1,630

PROJECTED RENT

0.68%

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$69,350

INVESTMENT

$69,350

Down Payment
$60,000
Rehab Estimate
$5,750
Closing Costs
$3,600

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$886

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $60,000
Loan Amount $180,000
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$5,032

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,630

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $1,573

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,295
1$1,2952$1,3953$1,4004$1,5455$1,630
$1,630
RENT COMPS ANALYSIS
  • 4707 Bohill St San Antonio, TX 5
    • 3 beds 2 baths ∙ 2,030 Sqft ∙ Built 1980 3 beds 2 baths ∙ 2,030 Sqft ∙ Built 1980
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,630
    • $0.80
    •  
  • 13810 Landmark Hill San Antonio, TX 1
    • 4 beds 2 baths ∙ 1,766 Sqft ∙ Built 1973 4 beds 2 baths ∙ 1,766 Sqft ∙ Built 1973
    property image
    LEASED 07/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.73
    •  
  • 4515 Temple Hill San Antonio, TX 2
    • 4 beds 2 baths ∙ 1,744 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,744 Sqft ∙ Built 1972
    property image
    LEASED 09/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.80
    •  
  • 13719 Sunny Glen San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,900 Sqft ∙ Built 1978
    property image
    LEASED 05/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.74
    •  
  • 13915 Anchorage Hill San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,863 Sqft ∙ Built 1972 4 beds 2 baths ∙ 1,863 Sqft ∙ Built 1972
    property image
    LEASED 11/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.83
    •  
PROPERTY LISTING DETAILS
Deanna Kaplen
1.210.275.6509
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1499312
Last Updated: 12/11/2020
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