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5522 Calistoga St San Antonio, TX 78228

4 Beds 3 Baths 1,762 sqft Built 1970

$159,987

List Price

$1,650

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

90% chance this property will be sold within the next 10 days HOT INVESTMENT
December 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1970
  • Price/Sqft : $90.80
  • 7 Days on Market
  • MLS # : 1500622
  • Updated Date : 12/21/2020 at 16:12
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,762 sqft
  • Baths : 2 full , 1 half
Listing Agent

Icon Realty

Listing Agent's Description

Lovely 4 bed with 2.5 baths home that boasts wood-like vinyl flooring throughout. This home features tons of space, an open floor plan, and three living areas. Eat-in kitchen with gas cooking stove. Nice warm, neutral tone throughout the home. Great backyard with covered patio.

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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: Culebra Park

NeighborhoodNIR Market*CityMarket2010Year2000201960k70k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $60k204k

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

Neighborhood: Culebra Park

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6671456

* 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
Esparza Elementary School Primary Regular 702 51 5
Ross Middle School Middle Regular 1,116 78 4
Holmes High School High Regular 2,808 171 5

Esparza Elementary School

  • Education Level: Primary
  • # of students: 702
  • # of teachers: 51
5
GreatSchools Rating

Ross Middle School

  • Education Level: Middle
  • # of students: 1,116
  • # of teachers: 78
4
GreatSchools Rating

Holmes High School

  • Education Level: High
  • # of students: 2,808
  • # of teachers: 171
5
GreatSchools Rating
 

$143,988$175,986$159,987

PURCHASE PRICE

$1,485$1,815$1,650

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,650
EXPENSES Loan Payment -$590
Property Tax -$357
Property Insurance -$129
Property Management Fees -$99
CASH FLOW
$475

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.

$159,987

PROJECTED PRICE

$1,650

PROJECTED RENT

1.03%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 4.2%
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$600k$700k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$50k$100k$150k$200k$250k$300k$350k$400k$450k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$48,147

INVESTMENT

$48,147

Down Payment
$39,997
Rehab Estimate
$5,750
Closing Costs
$2,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$590

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $39,997
Loan Amount $119,990
See What Happens When You Reinvest Cash Flow

15

YEARS SAVED

$46,113

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,650

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $1,727

    COMP ESTIMATED VALUE
  • $0.98

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,5503$1,5954$1,6505$1,650
$1,650
RENT COMPS ANALYSIS
  • 5522 Calistoga St San Antonio, TX 5
    • 4 beds 3 baths ∙ 1,762 Sqft ∙ Built 1970 4 beds 3 baths ∙ 1,762 Sqft ∙ Built 1970
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.94
    •  
  • 5402 Costa Mesa St San Antonio, TX 1
    • 5 beds 2 baths ∙ 1,442 Sqft ∙ Built 1970 5 beds 2 baths ∙ 1,442 Sqft ∙ Built 1970
    LEASED 09/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.04
    •  
  • 5836 Sloan Dr San Antonio, TX 2
    • 4 beds 2 baths ∙ 1,581 Sqft ∙ Built 1966 4 beds 2 baths ∙ 1,581 Sqft ∙ Built 1966
    LEASED 04/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.98
    •  
  • 2523 Town Briar St San Antonio, TX 3
    • 4 beds 4 baths ∙ 1,743 Sqft ∙ Built 1980 4 beds 4 baths ∙ 1,743 Sqft ∙ Built 1980
    LEASED 02/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.92
    •  
  • 2319 Town Gate Dr San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,678 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,678 Sqft ∙ Built 1971
    LEASED 01/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.98
    •  
PROPERTY LISTING DETAILS
Evans Stacker
1.361.210.7381
Icon Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1500622
Last Updated: 12/21/2020
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