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5906 Woodcraft San Antonio, TX 78218

3 Beds 2 Baths 1,109 sqft Built 1971

$154,900

List Price

$1,190

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

December 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1971
  • Price/Sqft : $139.68
  • 2 Days on Market
  • MLS # : 1499451
  • Updated Date : 12/12/2020 at 21:02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,109 sqft
  • Baths : 2 full
Listing Agent

Savvy Way Realty, Inc.

Listing Agent's Description

Full interior remodel completed December, 2020 includes laminate flooring, vaulted living room ceiling, recessed lighting, brand new Carrier gas heating/air system, storage building. Quick access to several national-branded warehouses for employment opportunities! Located in North East San Antonio, Fort Sam Houston is just 5.5 miles away, and the San Antonio Military Medical Center is only 3.8 miles away. Tons of great local and nationally-known restaurants and easy access to IH-35 and IH-410.

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
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
 

$139,410$170,390$154,900

PURCHASE PRICE

$1,071$1,309$1,190

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,190
EXPENSES Loan Payment -$572
Property Tax -$346
Property Insurance -$91
Property Management Fees -$99
CASH FLOW
$83

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.

$154,900

PROJECTED PRICE

$1,190

PROJECTED RENT

0.77%

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

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$46,799

INVESTMENT

$46,799

Down Payment
$38,725
Rehab Estimate
$5,750
Closing Costs
$2,324

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$572

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $38,725
Loan Amount $116,175
See What Happens When You Reinvest Cash Flow

5.25

YEARS SAVED

$9,868

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,190

    LIST RENT
  • $1.07

    LIST RENT PER SQFT
  • $1,065

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$920
1$9202$9253$9954$1,1155$1,190
$1,190
RENT COMPS ANALYSIS
  • 5906 Woodcraft San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,109 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,109 Sqft ∙ Built 1971
    • Rent
    • Rent Per SQFT
    •  
    • $1,190
    • $1.07
    •  
  • 5103 Village Trail Dr San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,008 Sqft ∙ Built 1968 3 beds 2 baths ∙ 1,008 Sqft ∙ Built 1968
    LEASED 06/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $920
    • $0.91
    •  
  • 5810 Woodhill San Antonio, TX 2
    • 3 beds 2 baths ∙ 937 Sqft ∙ Built 1971 3 beds 2 baths ∙ 937 Sqft ∙ Built 1971
    LEASED 01/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $925
    • $0.99
    •  
  • 5123 Village Lawn Dr San Antonio, TX 3
    • 3 beds 1 baths ∙ 1,032 Sqft ∙ Built 1969 3 beds 1 baths ∙ 1,032 Sqft ∙ Built 1969
    LEASED 06/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $995
    • $0.96
    •  
  • 5918 Woodgreen San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,138 Sqft ∙ Built 1971 3 beds 2 baths ∙ 1,138 Sqft ∙ Built 1971
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,115
    • $0.98
    •  
PROPERTY LISTING DETAILS
Will Puente
1.281.608.6053
Savvy Way Realty, Inc.
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1499451
Last Updated: 12/12/2020
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