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5318 Wood Glen Dr San Antonio, TX 78244

3 Beds 2 Baths 1,827 sqft Built 2001

$199,000

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $108.92
  • 3 Days on Market
  • MLS # : 1512679
  • Updated Date : 03/07/2021 at 01:30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,827 sqft
  • Baths : 2 full
Listing Agent

Stone Oak Realty Services, Llc

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Estates - Mission Hills

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Estates - Mission Hills

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28509009501000105011001150120012501300135014001450Rent in $8231489

* 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
Woodlake Elementary School Primary Regular 712 48 3
Metzger Middle School Middle Regular 967 57 3
Wagner High School High Regular 2,274 138 3

Woodlake Elementary School

  • Education Level: Primary
  • # of students: 712
  • # of teachers: 48
3
GreatSchools Rating

Metzger Middle School

  • Education Level: Middle
  • # of students: 967
  • # of teachers: 57
3
GreatSchools Rating

Wagner High School

  • Education Level: High
  • # of students: 2,274
  • # of teachers: 138
3
GreatSchools Rating
 

$179,100$218,900$199,000

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 -$691
Property Tax -$444
Property Insurance -$133
HOA -$27
Property Management Fees -$99
CASH FLOW
$6

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.

$199,000

PROJECTED PRICE

$1,400

PROJECTED RENT

0.70%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 2.2%
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-$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$58,485

INVESTMENT

$58,485

Down Payment
$49,750
Rehab Estimate
$5,750
Closing Costs
$2,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$691

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $49,750
Loan Amount $149,250
See What Happens When You Reinvest Cash Flow

2.83

YEARS SAVED

$4,447

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
  • $0.77

    LIST RENT PER SQFT
  • $1,420

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,3503$1,4004$1,4005$1,499
$1,499
RENT COMPS ANALYSIS
  • 5318 Wood Glen Dr San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,827 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,827 Sqft ∙ Built 2001
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.77
    •  
  • 5211 Pine Lake Dr San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,681 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,681 Sqft ∙ Built 1986
    LEASED 05/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.77
    •  
  • 4818 Crestwood Hill Dr San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,704 Sqft ∙ Built 1999 3 beds 3 baths ∙ 1,704 Sqft ∙ Built 1999
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.79
    •  
  • 5010 Fern Lk San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,834 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,834 Sqft ∙ Built 1986
    LEASED 07/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.76
    •  
  • 7302 Hidden Hills N San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,888 Sqft ∙ Built 1998
    LEASED 12/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,499
    • $0.79
    •  
PROPERTY LISTING DETAILS
Viki Melton
1.210.416.4774
Stone Oak Realty Services, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1512679
Last Updated: 03/07/2021
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