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5726 Red Cyn San Antonio, TX 78252

3 Beds 3 Baths 1,706 sqft Built 2006

$175,000

List Price

$1,560

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $102.58
  • 3 Days on Market
  • MLS # : 1498193
  • Updated Date : 12/04/2020 at 23:32
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,706 sqft
  • Baths : 2 full , 1 half
Listing Agent

Ae Realty

Listing Agent's Description

Beautiful open floor plan! No carpet down stairs, and all bedrooms up! Granite and tile in the kitchen, and wood in the living and dining areas. Large corner garden tub with a separate shower in the master and his and her sinks and closets! Game room at the landing for a second living space, and large secondary bedrooms. Easy commute to Lackland AFB and 1604.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

PRICE & RENT TRENDS

Neighborhood: Southwest San Antonio

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Southwest San Antonio

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
Southwest Elementary School Primary Regular 725 45 7
Ronald E. Mcnair Middle School Middle Regular 1,164 70 4
Southwest High School High Regular 3,545 195 3

Southwest Elementary School

  • Education Level: Primary
  • # of students: 725
  • # of teachers: 45
7
GreatSchools Rating

Ronald E. Mcnair Middle School

  • Education Level: Middle
  • # of students: 1,164
  • # of teachers: 70
4
GreatSchools Rating

Southwest High School

  • Education Level: High
  • # of students: 3,545
  • # of teachers: 195
3
GreatSchools Rating
 

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

PURCHASE PRICE

$1,404$1,716$1,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,560
EXPENSES Loan Payment -$646
Property Tax -$391
Property Insurance -$126
HOA -$22
Property Management Fees -$99
CASH FLOW
$277

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

$1,560

PROJECTED RENT

0.89%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 2.0%
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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

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 40% 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

9.67

YEARS SAVED

$28,653

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,560

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $1,552

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,399
1$1,3992$1,4453$1,4504$1,5455$1,560
$1,560
RENT COMPS ANALYSIS
  • 5726 Red Cyn San Antonio, TX 5
    • 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,560
    • $0.91
    •  
  • 5907 Blonde Cyn San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2007
    LEASED 03/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,399
    • $0.89
    •  
  • 11107 Snake Canyon San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 2006
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,445
    • $0.85
    •  
  • 5707 Sandy Canyon San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2007
    LEASED 10/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.92
    •  
  • 5434 Antler Cyn San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,569 Sqft ∙ Built 2006
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.98
    •  
PROPERTY LISTING DETAILS
Jeanann Konieczny
1.210.241.0268
Ae Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1498193
Last Updated: 12/04/2020
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