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5818 Frontier Cove San Antonio, TX 78239

4 Beds 3 Baths 2,284 sqft Built 2005

$214,990

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 02, 2020 RECENTLY ADDED
FACTS
  • Built In 2005
  • Price/Sqft : $94.13
  • 2 Days on Market
  • MLS # : 1492696
  • Updated Date : 11/02/2020 at 16:46
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,284 sqft
  • Baths : 2 full , 1 half
Listing Agent

Regal Realty

Listing Agent's Description

Close to Fort Sam and much more with this 4/2.5 being located off Randolph Ave and Weidner. This home has no front neighbors and a great big back yard with an oversized deck and on a greenbelt! On the first floor of this home you will find a dining/living combo with half bath and around the corner a large kitchen with an eat in nook. Upstairs you will find a loft with three bedrooms and a large master with a bathroom that has everything. You will be hard pressed to find all of these characteristics in this price range! Schedule your tour 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 San Antonio

ZipNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: East 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
Royal Ridge Elementary School Primary Regular 629 41 4
White Middle School Middle Regular 875 67 4
Roosevelt High School High Regular 2,916 186 4

Royal Ridge Elementary School

  • Education Level: Primary
  • # of students: 629
  • # of teachers: 41
4
GreatSchools Rating

White Middle School

  • Education Level: Middle
  • # of students: 875
  • # of teachers: 67
4
GreatSchools Rating

Roosevelt High School

  • Education Level: High
  • # of students: 2,916
  • # of teachers: 186
4
GreatSchools Rating
 

$193,491$236,489$214,990

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$793
Property Tax -$480
Property Insurance -$159
HOA -$22
Property Management Fees -$99
CASH FLOW
-$3

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.

$214,990

PROJECTED PRICE

$1,550

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 6.2%
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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$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$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$62,722

INVESTMENT

$62,722

Down Payment
$53,748
Rehab Estimate
$5,750
Closing Costs
$3,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$793

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $53,748
Loan Amount $161,243
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$4,779

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $0.68

    LIST RENT PER SQFT
  • $1,605

    COMP ESTIMATED VALUE
  • $0.7

    COMP AVG. RENT PER SQFT
Comps Range
$1,415
1$1,4152$1,5503$1,5504$1,6505$1,675
$1,675
RENT COMPS ANALYSIS
  • 5818 Frontier Cove San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,284 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,284 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.68
    •  
  • 107 Booker Palm San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,175 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,175 Sqft ∙ Built 2005
    LEASED 05/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,415
    • $0.65
    •  
  • 9707 Battle Pass San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,085 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,085 Sqft ∙ Built 2005
    LEASED 08/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.74
    •  
  • 9719 Ceremony Cove San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,468 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,468 Sqft ∙ Built 2005
    LEASED 04/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.67
    •  
  • 5831 Bronco Way San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,234 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,234 Sqft ∙ Built 2006
    LEASED 07/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,675
    • $0.75
    •  
PROPERTY LISTING DETAILS
Amanda Haden
1.850.240.3645
Regal Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1492696
Last Updated: 11/02/2020
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