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4707 Pleasant View San Antonio, TX 78217

4 Beds 2 Baths 1,582 sqft Built 1986

$214,900

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1986
  • Price/Sqft : $135.84
  • 3 Days on Market
  • MLS # : 1496049
  • Updated Date : 11/20/2020 at 23:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,582 sqft
  • Baths : 2 full
Listing Agent

Key Home Realty

Listing Agent's Description

Gorgeous Northern Hills home with stunning travertine in kitchen and baths and beautiful laminate throughout the rest of the home. Kitchen and baths have elegant Baltic Brown granite. Warm, welcoming paint -- both interior and exterior. Ceiling fans in all rooms. Foundation work completed with transferable warranty. Your buyers are sure to fall in love with this home.

SEE MORE

MARKET HIGHLIGHTS

  • 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).
  • 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)

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
 

$193,410$236,390$214,900

PURCHASE PRICE

$1,260$1,540$1,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,400
EXPENSES Loan Payment -$793
Property Tax -$480
Property Insurance -$118
Property Management Fees -$99
CASH FLOW
-$90

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.

$214,900

PROJECTED PRICE

$1,400

PROJECTED RENT

0.65%

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

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$62,699

INVESTMENT

$62,699

Down Payment
$53,725
Rehab Estimate
$5,750
Closing Costs
$3,224

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$793

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $53,725
Loan Amount $161,175
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$2,295

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,400

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $1,479

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,3503$1,4004$1,4455$1,550
$1,550
RENT COMPS ANALYSIS
  • 4707 Pleasant View San Antonio, TX 3
    • 4 beds 2 baths ∙ 1,582 Sqft ∙ Built 1986 4 beds 2 baths ∙ 1,582 Sqft ∙ Built 1986
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.88
    •  
  • 4623 Misty Run San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,420 Sqft ∙ Built 1979
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.92
    •  
  • 4427 Putting Green San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,462 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,462 Sqft ∙ Built 1985
    LEASED 01/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.92
    •  
  • 4802 Buckwheat St San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,453 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,453 Sqft ∙ Built 1980
    LEASED 11/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,445
    • $0.99
    •  
  • 4527 Stradford Pl San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,702 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,702 Sqft ∙ Built 1993
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.91
    •  
PROPERTY LISTING DETAILS
Walter Owens
1.210.334.7200
Key Home Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1496049
Last Updated: 11/20/2020
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