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4934 Bending Elms San Antonio, TX 78247

4 Beds 3 Baths 2,145 sqft Built 2003

$219,900

List Price

$1,630

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2003
  • Price/Sqft : $102.52
  • 5 Days on Market
  • MLS # : 1502380
  • Updated Date : 01/07/2021 at 23:41
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,145 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max North-san Antonio

Listing Agent's Description

Great Family Home with 4 Bedrooms and 2.5 baths! Brand New Roof Installed 11/2020 with transferrable 5 year warranty. HVAC Unit still under warranty until 2024. All Bedrooms located upstairs as well as large utility room with lots of storage. Open floor plan. Close access to Hwy 1604 and IH35. Freshly Painted, Clean & Spacious! Ready to go! **Multiple Offers Received, Please submit best offers to be Reviewed by Monday morning 1/11/21 by 9 am.**

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: North San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $86k290k

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

Neighborhood: North San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800190020002100Rent in $8452175

* 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
Steubing Ranch Elementary School Primary Regular 941 60 7
Harris Middle School Middle Regular 1,338 76 6
Madison High School High Regular 3,364 190 5

Steubing Ranch Elementary School

  • Education Level: Primary
  • # of students: 941
  • # of teachers: 60
7
GreatSchools Rating

Harris Middle School

  • Education Level: Middle
  • # of students: 1,338
  • # of teachers: 76
6
GreatSchools Rating

Madison High School

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

$197,910$241,890$219,900

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 -$764
Property Tax -$491
Property Insurance -$151
HOA -$21
Property Management Fees -$99
CASH FLOW
$105

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.

$219,900

PROJECTED PRICE

$1,630

PROJECTED RENT

0.74%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 4.5%
Maintenance Year (1-5) 8.00%
Vacancy 9.32%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$64,024

INVESTMENT

$64,024

Down Payment
$54,975
Rehab Estimate
$5,750
Closing Costs
$3,299

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$764

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $54,975
Loan Amount $164,925
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$9,380

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
  • $0.76

    LIST RENT PER SQFT
  • $1,748

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$1,630
1$1,6302$1,6503$1,6954$1,7955$1,900
$1,900
RENT COMPS ANALYSIS
  • 4934 Bending Elms San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,145 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,145 Sqft ∙ Built 2003
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,630
    • $0.76
    •  
  • 17131 Ashbury Oaks San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,123 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,123 Sqft ∙ Built 2003
    property image
    LEASED 11/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.78
    •  
  • 4610 Acornridge Way San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,122 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,122 Sqft ∙ Built 2005
    property image
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.80
    •  
  • 4527 Darien Vista San Antonio, TX 4
    • 4 beds 2 baths ∙ 2,284 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,284 Sqft ∙ Built 2006
    property image
    LEASED 11/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.79
    •  
  • 17046 Darlington Run San Antonio, TX 5
    • 5 beds 3 baths ∙ 2,128 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,128 Sqft ∙ Built 2005
    property image
    LEASED 07/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.89
    •  
PROPERTY LISTING DETAILS
Victoria Rodriguez
1.210.214.3991
Re/max North-san Antonio
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1502380
Last Updated: 01/07/2021
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