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5903 Castle Hunt San Antonio, TX 78218

4 Beds 2 Baths 1,627 sqft Built 1971

$139,900

List Price

$1,350

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $85.99
  • 5 Days on Market
  • MLS # : 1503731
  • Updated Date : 01/13/2021 at 22:54
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,627 sqft
  • Baths : 2 full
Listing Agent

Clark Realty & Associates,llc

Listing Agent's Description

Great one story! Nice 4 bedroom 2 bath with a 1 car garage. Ceramic tile throughout home. Matures trees. Please verify schools if important. More photos to come

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
 

$125,910$153,890$139,900

PURCHASE PRICE

$1,215$1,485$1,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,350
EXPENSES Loan Payment -$486
Property Tax -$312
Property Insurance -$121
Property Management Fees -$99
CASH FLOW
$332

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.

$139,900

PROJECTED PRICE

$1,350

PROJECTED RENT

0.96%

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$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$42,824

INVESTMENT

$42,824

Down Payment
$34,975
Rehab Estimate
$5,750
Closing Costs
$2,099

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 25% down payment or higher enables the proceeds from the asset to cover all costs.

$486

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $34,975
Loan Amount $104,925
See What Happens When You Reinvest Cash Flow

13

YEARS SAVED

$28,995

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,350

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,330

    COMP ESTIMATED VALUE
  • $0.82

    COMP AVG. RENT PER SQFT
Comps Range
$1,055
1$1,0552$1,1953$1,2004$1,3505$1,350
$1,350
RENT COMPS ANALYSIS
  • 5903 Castle Hunt San Antonio, TX 5
    • 4 beds 2 baths ∙ 1,627 Sqft ∙ Built 1971 4 beds 2 baths ∙ 1,627 Sqft ∙ Built 1971
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.83
    •  
  • 6731 Stone Lake Dr San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1976 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1976
    property image
    LEASED 07/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,055
    • $0.77
    •  
  • 7442 Castle Trail Dr San Antonio, TX 2
    • 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 3
    • 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
    •  
PROPERTY LISTING DETAILS
Kevin Clark
1.210.655.5355
Clark Realty & Associates,llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1503731
Last Updated: 01/13/2021
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