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5234 La Posita St San Antonio, TX 78233

3 Beds 2 Baths 1,337 sqft Built 1973

$175,000

List Price

$1,200

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

December 23, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $130.89
  • 5 Days on Market
  • MLS # : 1500936
  • Updated Date : 12/23/2020 at 19:03
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,337 sqft
  • Baths : 2 full
Listing Agent

Dillingham & Toone Real Estate

Listing Agent's Description

Enchanting 3 bedroom 2 bathroom home, nestled away in the Northeast side of San Antonio. Enter your mini-castle through a secure, enclosed courtyard which hosts a wonderful garden area, ready for your plants of choice. Walk into two large livings areas with high ceilings throughout the home. Lovely kitchen accompanied with a dining area and a breakfast bar. Traverse down the hallway to find your Master bed/bath, 2 secondary bedrooms, updated guest bathroom, and two storage closets. Walk out back to entertain your guest under your large covered patio with an attached bar leading from the kitchen and show off your green grass and fruit trees. Refrigerator, washer, dryer, couches, bed, new washer in garage all convey. NEISD school district. Welcome home!

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: Valencia

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Valencia

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
El Dorado Elementary School Primary Regular 753 53 4
Wood Middle School Middle Regular 1,042 65 4
Madison High School High Regular 3,364 190 5

El Dorado Elementary School

  • Education Level: Primary
  • # of students: 753
  • # of teachers: 53
4
GreatSchools Rating

Wood Middle School

  • Education Level: Middle
  • # of students: 1,042
  • # of teachers: 65
4
GreatSchools Rating

Madison High School

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

$157,500$192,500$175,000

PURCHASE PRICE

$1,080$1,320$1,200

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,200
EXPENSES Loan Payment -$646
Property Tax -$391
Property Insurance -$104
Property Management Fees -$99
CASH FLOW
-$40

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$175,000

PROJECTED PRICE

$1,200

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 6.9%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
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

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$52,125

INVESTMENT

$52,125

Down Payment
$43,750
Rehab Estimate
$5,750
Closing Costs
$2,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$646

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $43,750
Loan Amount $131,250
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$2,767

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,200

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,217

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,125
1$1,1252$1,1953$1,2004$1,2005$1,295
$1,295
RENT COMPS ANALYSIS
  • 5234 La Posita St San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,337 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,337 Sqft ∙ Built 1973
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.90
    •  
  • 4810 Wordsworth St San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 1972 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 1972
    property image
    LEASED 06/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,125
    • $0.95
    •  
  • 4920 Champlain Dr San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1982
    property image
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.96
    •  
  • 4927 Dare Ln San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,383 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,383 Sqft ∙ Built 1982
    property image
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.87
    •  
  • 13123 Larklair St San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 1974 3 beds 2 baths ∙ 1,510 Sqft ∙ Built 1974
    property image
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.86
    •  
PROPERTY LISTING DETAILS
Jonathon Elmore
1.210.328.0521
Dillingham & Toone Real Estate
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1500936
Last Updated: 12/23/2020
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