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5842 Lost Crk San Antonio, TX 78247

3 Beds 2 Baths 1,878 sqft Built 1979

$205,000

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 22, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $109.16
  • 2 Days on Market
  • MLS # : 1496406
  • Updated Date : 11/22/2020 at 04:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,878 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Incredible 4 Bedroom, 2 Bath Home with Open Floor plan, Roof replaced May of 2020 and Flooring has just been finished. What a great value and great home!! On almost a quarter of an acre (.21) and in a quaint neighborhood this home has a private backyard to enjoy. The proximity to everything you need makes this location very convenient and highly desirable. Come see us!!

SEE MORE

MARKET HIGHLIGHTS

  • 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).
  • 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)

PRICE & RENT TRENDS

Neighborhood: Hill Country

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $84k205k

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

Neighborhood: Hill Country

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28509009501000105011001150120012501300135014001450Rent in $8451472

* 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
Steubing Ranch Elementary School Primary Regular 941 60 7
Harris Middle School Middle Regular 1,338 76 6
Madison High School High Regular 3,364 190 5

Steubing Ranch Elementary School

  • Education Level: Primary
  • # of students: 941
  • # of teachers: 60
7
GreatSchools Rating

Harris Middle School

  • Education Level: Middle
  • # of students: 1,338
  • # of teachers: 76
6
GreatSchools Rating

Madison High School

  • Education Level: High
  • # of students: 3,364
  • # of teachers: 190
5
GreatSchools Rating
 

$184,500$225,500$205,000

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 -$756
Property Tax -$458
Property Insurance -$135
Property Management Fees -$99
CASH FLOW
$102

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.

$205,000

PROJECTED PRICE

$1,550

PROJECTED RENT

0.76%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 8.2%
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$700k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$60,075

INVESTMENT

$60,075

Down Payment
$51,250
Rehab Estimate
$5,750
Closing Costs
$3,075

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$756

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $51,250
Loan Amount $153,750
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$13,396

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
  • $0.83

    LIST RENT PER SQFT
  • $1,563

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,4753$1,4954$1,5505$1,575
$1,575
RENT COMPS ANALYSIS
  • 5842 Lost Crk San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,878 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,878 Sqft ∙ Built 1979
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.83
    •  
  • 5931 Misty Glen San Antonio, TX 1
    • 4 beds 3 baths ∙ 1,900 Sqft ∙ Built 1983 4 beds 3 baths ∙ 1,900 Sqft ∙ Built 1983
    LEASED 03/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.76
    •  
  • 5915 Brambletree St San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 1984
    LEASED 03/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.84
    •  
  • 5714 Pine Country St San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,737 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,737 Sqft ∙ Built 1978
    LEASED 11/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.86
    •  
  • 6003 Creekway San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,808 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,808 Sqft ∙ Built 1978
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.87
    •  
PROPERTY LISTING DETAILS
William Smith
1.512.995.5555
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1496406
Last Updated: 11/22/2020
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