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6659 Walnut Valley Dr San Antonio, TX 78242

3 Beds 3 Baths 1,530 sqft Built 2006

INVESTimate

$165,000

List Price

$1,280

$1,152 - $1,408

Rent Est.

$178,976  ( +8.47%)   1 YR EST. FORECAST

PROPERTY INFO

August 19, 2020 RECENTLY ADDED
FACTS
  • Built In 2006
  • Price/Sqft : $107.84
  • 8 Days on Market
  • MLS # : 1478005
  • Updated Date : 08/23/2020 at 19:02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,530 sqft
  • Baths : 2 full , 1 half
Listing Agent

Yw Realty Group

Listing Agent's Description

Beautiful, spacious, energy efficient and well maintained home. Pride of ownership shows in this immaculate open floor plan with 3 bedrooms, 2 full baths and half bath. First floor includes dining area, guest bath. Beautiful and cozy electric fireplace in living room. Upstairs you will find a loft/game room for extra living space. Nice size bedrooms and a huge master bedroom walk in closet. Large and private back yard. Covered front porch. A Must See!

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: People Active in Community Effort

ZipNIR Market*CityMarket2010Year2000201960k70k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $58k204k

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

Neighborhood: People Active in Community Effort

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6521456

* 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
Indian Creek Elementary School Primary Regular 615 45 4
Resnik Middle School Middle Regular NA
Southwest High School High Regular 3,545 195 3

Indian Creek Elementary School

  • Education Level: Primary
  • # of students: 615
  • # of teachers: 45
4
GreatSchools Rating

Resnik Middle School

  • Education Level: Middle
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Southwest High School

  • Education Level: High
  • # of students: 3,545
  • # of teachers: 195
3
GreatSchools Rating
 

$148,500$181,500$165,000

PURCHASE PRICE

$1,152$1,408$1,280

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k

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$500k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,280
EXPENSES Loan Payment -$609
Property Tax -$368
Property Insurance -$115
HOA -$12
Property Management Fees -$99
CASH FLOW
$76

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.

$165,000

PROJECTED PRICE

$1,280

PROJECTED RENT

0.78%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 8.47%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$49,475

INVESTMENT

$49,475

Down Payment
$41,250
Rehab Estimate
$5,750
Closing Costs
$2,475

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$609

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $41,250
Loan Amount $123,750
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$9,013

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,280

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $1,270

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2503$1,2804$1,2955$1,450
$1,450
RENT COMPS ANALYSIS
  • 6659 Walnut Valley Dr San Antonio, 3
    • 3 beds 3 baths ∙ 1,530 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,530 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,280
    • $0.84
    •  
  • 6706 Dragon Fire San Antonio, 1
    • 3 beds 3 baths ∙ 1,530 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,530 Sqft ∙ Built 2005
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.78
    •  
  • 6818 Cougar Paw San Antonio, 2
    • 3 beds 3 baths ∙ 1,526 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,526 Sqft ∙ Built 2007
    LEASED 01/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.82
    •  
  • 6702 Walnut Valley Dr San Antonio, 4
    • 3 beds 3 baths ∙ 1,593 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,593 Sqft ∙ Built 2006
    LEASED 03/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.81
    •  
  • 6711 Dragon Crk San Antonio, 5
    • 3 beds 3 baths ∙ 1,598 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,598 Sqft ∙ Built 2008
    LEASED 09/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.91
    •  
PROPERTY LISTING DETAILS
Yvonne Whitzel
1.210.389.6917
Yw Realty Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1478005
Last Updated: 08/23/2020
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