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6931 Quantum Loop San Antonio, TX 78252

4 Beds 2 Baths 1,703 sqft Built 2017

$229,900

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $135.00
  • 2 Days on Market
  • MLS # : 1505722
  • Updated Date : 01/23/2021 at 21:35
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,703 sqft
  • Baths : 2 full
Listing Agent

Rd Realty Group, Llc

Listing Agent's Description

This single story, 4 bedroom, 2 bath home features 1703 square feet of living space. This open concept layout offers an eat-in kitchen with adjacent dining area. The spacious living area extends to a large covered patio. Home includes solar panels.

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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*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

* 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
Sun Valley Elementary School Primary Regular 643 42 6
Francis R. Scobee Middle School Middle Regular 968 59 4
Southwest High School High Regular 3,545 195 3

Sun Valley Elementary School

  • Education Level: Primary
  • # of students: 643
  • # of teachers: 42
6
GreatSchools Rating

Francis R. Scobee Middle School

  • Education Level: Middle
  • # of students: 968
  • # of teachers: 59
4
GreatSchools Rating

Southwest High School

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

$206,910$252,890$229,900

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$799
Property Tax -$513
Property Insurance -$125
HOA -$30
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.

$229,900

PROJECTED PRICE

$1,490

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 8.5%
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$700k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$66,674

INVESTMENT

$66,674

Down Payment
$57,475
Rehab Estimate
$5,750
Closing Costs
$3,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$799

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $57,475
Loan Amount $172,425
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$1,744

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,490

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,460

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,4453$1,4904$1,5005$1,500
$1,500
RENT COMPS ANALYSIS
  • 6931 Quantum Loop San Antonio, TX 3
    • 4 beds 2 baths ∙ 1,703 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,703 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,490
    • $0.87
    •  
  • 7202 Aldebaran Sun San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,579 Sqft ∙ Built 2012
    LEASED 09/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.85
    •  
  • 7042 Phoebe View San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2015
    LEASED 04/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,445
    • $0.87
    •  
  • 7042 Aphrodite Mist San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,898 Sqft ∙ Built 2016 4 beds 2 baths ∙ 1,898 Sqft ∙ Built 2016
    LEASED 05/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.79
    •  
  • 8027 Vega Horizon San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,635 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,635 Sqft ∙ Built 2015
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.92
    •  
PROPERTY LISTING DETAILS
Mary Ellen Johnson
1.210.577.3029
Rd Realty Group, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1505722
Last Updated: 01/23/2021
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