Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

5931 Cielo Ranch San Antonio, TX 78218

3 Beds 2 Baths 1,531 sqft Built 2014

$219,900

List Price

$1,450

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 26, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $143.63
  • 3 Days on Market
  • MLS # : 1516523
  • Updated Date : 03/28/2021 at 01:29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,531 sqft
  • Baths : 2 full
Listing Agent

Keller Williams City-view

Listing Agent's Description

Welcome to this beautiful 3 bedroom 2 bathroom 1 story home! You'll notice the natural light shining through the many windows throughout the home. Into the front foyer to your left are the secondary bedrooms and bathroom. Just down the hall, you enter the open concept kitchen, dining, and living spaces. The kitchen features gorgeous wood cabinets, a nice neutral tone backsplash and countertops. Off the living room, is a door out to the inviting covered patio in the backyard. The master suite includes a gorgeous en suite bathroom featuring double vanity and a garden tub. Don't miss out on this beautiful move-in ready home with great space for entertaining guests!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

PRICE & RENT TRENDS

Neighborhood: Northeast Crossing

ZipNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Northeast Crossing

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
Hartman Elementary School Primary Regular 801 52 5
Woodlake Hills Middle School Middle Regular 956 60 4
Judson High School High Regular 3,628 204 3

Hartman Elementary School

  • Education Level: Primary
  • # of students: 801
  • # of teachers: 52
5
GreatSchools Rating

Woodlake Hills Middle School

  • Education Level: Middle
  • # of students: 956
  • # of teachers: 60
4
GreatSchools Rating

Judson High School

  • Education Level: High
  • # of students: 3,628
  • # of teachers: 204
3
GreatSchools Rating
 

$197,910$241,890$219,900

PURCHASE PRICE

$1,305$1,595$1,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,450
EXPENSES Loan Payment -$764
Property Tax -$491
Property Insurance -$115
HOA -$14
Property Management Fees -$99
CASH FLOW
-$33

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.

$219,900

PROJECTED PRICE

$1,450

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 6.7%
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$64,024

INVESTMENT

$64,024

Down Payment
$54,975
Rehab Estimate
$5,750
Closing Costs
$3,299

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$764

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $54,975
Loan Amount $164,925
See What Happens When You Reinvest Cash Flow

2.17

YEARS SAVED

$3,039

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,450

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,443

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,3953$1,4504$1,4955$1,525
$1,525
RENT COMPS ANALYSIS
  • 5931 Cielo Ranch San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,531 Sqft ∙ Built 2014 3 beds 2 baths ∙ 1,531 Sqft ∙ Built 2014
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.95
    •  
  • 4814 Dahlia Terrace San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,436 Sqft ∙ Built 2006
    LEASED 03/14/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.94
    •  
  • 7039 Cozy Run San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2017
    LEASED 10/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.96
    •  
  • 6006 Wisteria Hill San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,554 Sqft ∙ Built 2009 3 beds 3 baths ∙ 1,554 Sqft ∙ Built 2009
    LEASED 01/26/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.96
    •  
  • 4842 Dahlia Terrace San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,668 Sqft ∙ Built 2006
    LEASED 02/05/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $0.91
    •  
PROPERTY LISTING DETAILS
Zachariah Castillo
1.210.410.5556
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1516523
Last Updated: 03/28/2021
BESbswy