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5806 Castle Run San Antonio, TX 78218

4 Beds 2 Baths 1,557 sqft Built 1971

$164,900

List Price

$1,290

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $105.91
  • 4 Days on Market
  • MLS # : 1503967
  • Updated Date : 01/15/2021 at 14:57
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,557 sqft
  • Baths : 2 full
Listing Agent

Rebate Haus, Llc

Listing Agent's Description

This 1-story home features 4 bedrooms, 2 bathrooms, and a 1-car garage. With 1557 sq.ft of living space, come retreat to the cozy quarters of this home! Conveniently located just 6 minutes away from your local HEB and 10 minutes from Kardon Park for your outdoor "walk in the park" leisure, this home is perfectly located in the center of all your essential locations: San Antonio airport is 18 minutes away, the Riverwalk just 15 minutes, and the nearest hospital is Christus Santa Rosa which is 18 minutes up 410.This property has a variety of fruit tree's AND a water softener! Ready to come see this home? Schedule your appointment today!

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: East Village

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200kPrice in $56k204k

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

Neighborhood: East Village

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
Park Village Elementary School Primary Regular 600 43 3
Kirby Middle School Middle Regular 869 57 3
Wagner High School High Regular 2,274 138 3

Park Village Elementary School

  • Education Level: Primary
  • # of students: 600
  • # of teachers: 43
3
GreatSchools Rating

Kirby Middle School

  • Education Level: Middle
  • # of students: 869
  • # of teachers: 57
3
GreatSchools Rating

Wagner High School

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

$148,410$181,390$164,900

PURCHASE PRICE

$1,161$1,419$1,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,290
EXPENSES Loan Payment -$573
Property Tax -$368
Property Insurance -$125
Property Management Fees -$99
CASH FLOW
$125

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.

$164,900

PROJECTED PRICE

$1,290

PROJECTED RENT

0.78%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 5.6%
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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$49,449

INVESTMENT

$49,449

Down Payment
$41,225
Rehab Estimate
$5,750
Closing Costs
$2,474

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$573

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $41,225
Loan Amount $123,675
See What Happens When You Reinvest Cash Flow

6.17

YEARS SAVED

$10,901

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,290

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,386

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$1,195
1$1,1952$1,2003$1,2904$1,3505$1,535
$1,535
RENT COMPS ANALYSIS
  • 5806 Castle Run San Antonio, TX 3
    • 4 beds 2 baths ∙ 1,700 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,700 Sqft ∙ Built 1971
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,290
    • $0.76
    •  
  • 7442 Castle Trail Dr San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,407 Sqft ∙ Built 1969 3 beds 2 baths ∙ 1,407 Sqft ∙ Built 1969
    property image
    LEASED 06/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.85
    •  
  • 5807 Woodhill San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1971 3 beds 3 baths ∙ 1,603 Sqft ∙ Built 1971
    property image
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.75
    •  
  • 5806 Woodgreen San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,499 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,499 Sqft ∙ Built 1971
    property image
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.90
    •  
  • 5607 Sir Gareth Dr San Antonio, TX 5
    • 4 beds 2 baths ∙ 2,024 Sqft ∙ Built 1972 4 beds 2 baths ∙ 2,024 Sqft ∙ Built 1972
    property image
    LEASED 01/04/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,535
    • $0.76
    •  
PROPERTY LISTING DETAILS
Christopher Marti
1.830.660.1004
Rebate Haus, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1503967
Last Updated: 01/15/2021
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