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5859 Blonde Cyn San Antonio, TX 78252

3 Beds 2 Baths 1,233 sqft Built 2007

$169,969

List Price

$1,330

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $137.85
  • 3 Days on Market
  • MLS # : 1508371
  • Updated Date : 02/05/2021 at 22:22
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,233 sqft
  • Baths : 2 full
Listing Agent

Keller Williams City-view

Listing Agent's Description

Don't miss out on this Beautifully maintained 1 story home in the Canyon Crossing neighborhood, Featuring 3 Bedrooms, 2 Bathrooms, Great Open Concept Floor Plan with Island Kitchen that opens to the Living Room. Newer Lighting Fixtures through-out with Ceiling Fans in all Bedrooms, Living and Garage. Water Heater was replaced in 2019 with a 50 Gal. You will enjoy the Spacious Master Retreat & Bathroom with Garden Tub & Standing Shower and a Huge Walk-In Closet. Home is conveniently Located just off Loop 1604 & Hwy-90 with Easy Access to major highways, Easy Commute to Downtown and only minutes away to a host of New shopping centers and restaurants along the 1604 Corridor. It Won't Last Long, so schedule your appointment today.

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: 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
 

$152,972$186,966$169,969

PURCHASE PRICE

$1,197$1,463$1,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,330
EXPENSES Loan Payment -$590
Property Tax -$379
Property Insurance -$98
HOA -$22
Property Management Fees -$99
CASH FLOW
$141

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.

$169,969

PROJECTED PRICE

$1,330

PROJECTED RENT

0.78%

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

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$50,792

INVESTMENT

$50,792

Down Payment
$42,492
Rehab Estimate
$5,750
Closing Costs
$2,550

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$590

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $42,492
Loan Amount $127,477
See What Happens When You Reinvest Cash Flow

6.42

YEARS SAVED

$12,266

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,330

    LIST RENT
  • $1.08

    LIST RENT PER SQFT
  • $1,319

    COMP ESTIMATED VALUE
  • $1.07

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2503$1,3304$1,3455$1,350
$1,350
RENT COMPS ANALYSIS
  • 5859 Blonde Cyn San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,233 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,233 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $1,330
    • $1.08
    •  
  • 11327 Indian Cyn San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,097 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,097 Sqft ∙ Built 2008
    LEASED 01/26/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.09
    •  
  • 5831 Hickory Cyn San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,233 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,233 Sqft ∙ Built 2007
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $1.01
    •  
  • 5703 Fossil Canyon San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,233 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,233 Sqft ∙ Built 2007
    LEASED 04/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,345
    • $1.09
    •  
  • 5730 Butch Canyon San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,233 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,233 Sqft ∙ Built 2007
    LEASED 09/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $1.09
    •  
PROPERTY LISTING DETAILS
John Notzon
1.210.827.4212
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1508371
Last Updated: 02/05/2021
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