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6027 Hidden Sunrise Dr San Antonio, TX 78244

3 Beds 2 Baths 1,131 sqft Built 1984

$145,900

List Price

$980

$882 - $1.1K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $129.00
  • 2 Days on Market
  • MLS # : 1504418
  • Updated Date : 01/16/2021 at 18:23
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,131 sqft
  • Baths : 2 full
Listing Agent

Xpert Home Advisors

Listing Agent's Description

owner financing on this lovely home recent updates. New flooring and paint. 3 bedroom 2 bathroom 10% down. do not miss out!

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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: Sunrise

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $64k204k

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

Neighborhood: Sunrise

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
Candlewood Elementary School Primary Regular 670 49 2
Metzger Middle School Middle Regular 967 57 3
Wagner High School High Regular 2,274 138 3

Candlewood Elementary School

  • Education Level: Primary
  • # of students: 670
  • # of teachers: 49
2
GreatSchools Rating

Metzger Middle School

  • Education Level: Middle
  • # of students: 967
  • # of teachers: 57
3
GreatSchools Rating

Wagner High School

  • Education Level: High
  • # of students: 2,274
  • # of teachers: 138
3
GreatSchools Rating
 

$131,310$160,490$145,900

PURCHASE PRICE

$882$1,078$980

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $980
EXPENSES Loan Payment -$507
Property Tax -$326
Property Insurance -$92
Property Management Fees -$99
CASH FLOW
-$44

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.

$145,900

PROJECTED PRICE

$980

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 5.3%
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$50k$100k$150k$200k$250k$300k$350k$400k

PROJECTED ANNUAL CASH FLOW

11530-$3.0k-$2.0k-$1.0k$0.0$1.0k$2.0k$3.0k$4.0k$5.0k

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$44,414

INVESTMENT

$44,414

Down Payment
$36,475
Rehab Estimate
$5,750
Closing Costs
$2,189

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$507

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $36,475
Loan Amount $109,425
See What Happens When You Reinvest Cash Flow

1.5

YEARS SAVED

$1,406

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $980

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $967

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$940
1$9402$9503$9754$9805$1,050
$1,050
RENT COMPS ANALYSIS
  • 6027 Hidden Sunrise Dr San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,131 Sqft ∙ Built 1984
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $980
    • $0.87
    •  
  • 4315 Lehman Dr San Antonio, TX 1
    • 3 beds 1 baths ∙ 1,056 Sqft ∙ Built 1980 3 beds 1 baths ∙ 1,056 Sqft ∙ Built 1980
    property image
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $940
    • $0.89
    •  
  • 4158 Hunters Sun Dr San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,168 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,168 Sqft ∙ Built 1985
    property image
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $950
    • $0.81
    •  
  • 5839 Sun Bay San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,168 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,168 Sqft ∙ Built 1986
    property image
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $975
    • $0.83
    •  
  • 4134 Sunrise Glade Dr San Antonio, TX 5
    • 3 beds 1 baths ∙ 1,175 Sqft ∙ Built 1985 3 beds 1 baths ∙ 1,175 Sqft ∙ Built 1985
    property image
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,050
    • $0.89
    •  
PROPERTY LISTING DETAILS
Joel Cote
1.210.974.4051
Xpert Home Advisors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1504418
Last Updated: 01/16/2021
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