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6919 Quail Branch San Antonio, TX 78250

4 Beds 2 Baths 1,368 sqft Built 1994

$195,000

List Price

$1,370

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 08, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $142.54
  • 3 Days on Market
  • MLS # : 1502892
  • Updated Date : 01/09/2021 at 17:01
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,368 sqft
  • Baths : 2 full
Listing Agent

Bhhs Don Johnson, Realtors

Listing Agent's Description

Beautiful 2-story home w/ master downstairs & three bedrooms up; one that could be used as an office! Home Features two full bathrooms, an open floor plan w/ high ceilings, fresh paint in neutral tones, fireplace, tile flooring & new carpet. Enjoy cool summer evenings in the backyard pool, or gather around the stone fire pit in the fall. Home is in move in ready condition. Close to shopping, schools, interstate & much more. Schedule your showing today!

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: North San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $86k290k

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

Neighborhood: North San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800190020002100Rent in $8452175

* 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
Elrod Elementary School Primary Regular 558 36 7
Connally Middle School Middle Regular 1,049 63 5
Marshall High School High Regular 2,682 162 5

Elrod Elementary School

  • Education Level: Primary
  • # of students: 558
  • # of teachers: 36
7
GreatSchools Rating

Connally Middle School

  • Education Level: Middle
  • # of students: 1,049
  • # of teachers: 63
5
GreatSchools Rating

Marshall High School

  • Education Level: High
  • # of students: 2,682
  • # of teachers: 162
5
GreatSchools Rating
 

$175,500$214,500$195,000

PURCHASE PRICE

$1,233$1,507$1,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,370
EXPENSES Loan Payment -$677
Property Tax -$435
Property Insurance -$106
Property Management Fees -$99
CASH FLOW
$52

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 17% of earned rent to cover both maintenance and periods of vacancy.

$195,000

PROJECTED PRICE

$1,370

PROJECTED RENT

0.70%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 4.5%
Maintenance Year (1-5) 8.00%
Vacancy 9.32%
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$500k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$57,425

INVESTMENT

$57,425

Down Payment
$48,750
Rehab Estimate
$5,750
Closing Costs
$2,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$677

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $48,750
Loan Amount $146,250
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$6,321

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,370

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $1,320

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,2953$1,2954$1,3705$1,400
$1,400
RENT COMPS ANALYSIS
  • 6919 Quail Branch San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,368 Sqft ∙ Built 1994 4 beds 2 baths ∙ 1,368 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $1,370
    • $1.00
    •  
  • 6815 Blacksmith Ln Leon Valley, TX 1
    • 3 beds 2 baths ∙ 1,355 Sqft ∙ Built 1977 3 beds 2 baths ∙ 1,355 Sqft ∙ Built 1977
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.92
    •  
  • 8610 Willow Glen Dr San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,333 Sqft ∙ Built 2000 3 beds 3 baths ∙ 1,333 Sqft ∙ Built 2000
    LEASED 02/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.97
    •  
  • 5518 Park Lk San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,363 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,363 Sqft ∙ Built 1986
    LEASED 12/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.95
    •  
  • 7942 Quail Breeze San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 1994
    LEASED 04/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $1.02
    •  
PROPERTY LISTING DETAILS
Todd Martin
1.210.275.4722
Bhhs Don Johnson, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1502892
Last Updated: 01/09/2021
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