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5627 Timber Wagon San Antonio, TX 78250

3 Beds 2 Baths 1,295 sqft Built 1985

$200,000

List Price

$1,270

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

February 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $154.44
  • 2 Days on Market
  • MLS # : 1509855
  • Updated Date : 02/14/2021 at 06:04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,295 sqft
  • Baths : 2 full
Listing Agent

Thre Real Estate Team

Listing Agent's Description

Pride of ownership shows throughout in this SUPER cute home! Granite counters and custom soft close cabinets in the remodeled kitchen , bathrooms have been beautifully updated, carpet in the bedrooms and tile everywhere else, soaring ceilings in living room with lots of natural light! Well manicured backyard with plenty of space, nice sized shed and an extended covered patio! This home has been very well maintained and cared for......it will not last long!

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: Great Northwest

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $83k205k

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

Neighborhood: Great Northwest

NeighborhoodNIR Market*CityMarket2010Year20002019 Q27508008509009501000105011001150120012501300135014001450Rent in $7461472

* 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
Timberwilde Elementary School Primary Regular 812 52 5
Connally Middle School Middle Regular 1,049 63 5
Warren High School High Regular 3,052 176 7

Timberwilde Elementary School

  • Education Level: Primary
  • # of students: 812
  • # of teachers: 52
5
GreatSchools Rating

Connally Middle School

  • Education Level: Middle
  • # of students: 1,049
  • # of teachers: 63
5
GreatSchools Rating

Warren High School

  • Education Level: High
  • # of students: 3,052
  • # of teachers: 176
7
GreatSchools Rating
 

$180,000$220,000$200,000

PURCHASE PRICE

$1,143$1,397$1,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,270
EXPENSES Loan Payment -$695
Property Tax -$448
Property Insurance -$102
HOA -$21
Property Management Fees -$99
CASH FLOW
-$95

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.

$200,000

PROJECTED PRICE

$1,270

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 8.8%
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$58,750

INVESTMENT

$58,750

Down Payment
$50,000
Rehab Estimate
$5,750
Closing Costs
$3,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$695

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $50,000
Loan Amount $150,000
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$1,217

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,270

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,259

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$1,270
1$1,2702$1,2953$1,3254$1,3505$1,400
$1,400
RENT COMPS ANALYSIS
  • 5627 Timber Wagon San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,295 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,295 Sqft ∙ Built 1985
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,270
    • $0.98
    •  
  • 5518 Park Lk San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,363 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,363 Sqft ∙ Built 1986
    property image
    LEASED 12/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.95
    •  
  • 6214 Ridge Glade St San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,339 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,339 Sqft ∙ Built 1990
    property image
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.99
    •  
  • 5514 Timber Jack San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,447 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,447 Sqft ∙ Built 1986
    property image
    LEASED 07/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.93
    •  
  • 7942 Quail Breeze San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 1994
    property image
    LEASED 04/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.02
    •  
PROPERTY LISTING DETAILS
Katrina Lowry
1.210.240.4290
Thre Real Estate Team
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1509855
Last Updated: 02/14/2021
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