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7207 Pandora Way San Antonio, TX 78252

3 Beds 2 Baths 1,653 sqft Built 2016

$225,750

List Price

$1,480

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $136.57
  • 2 Days on Market
  • MLS # : 1512760
  • Updated Date : 03/06/2021 at 18:41
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,653 sqft
  • Baths : 2 full
Listing Agent

Bhgre Homecity

Listing Agent's Description

Lovely single story home built in 2016 "The Brown". Sells new $249,000. Home shows like new. Convenient to Lackland AFB. 2 inch faux blinds throughout. Ceiling fans throughout. Tile flooring. Separate shower and tub in master bath. Washer and dryer included. Island Kitchen. Open floor plan. Sprinkler system, Garage door opener, covered back patio. Why buy new. Come take a view of this well kept home. You will not be disappointed.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Solana Ridge

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: Solana Ridge

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
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
 

$203,175$248,325$225,750

PURCHASE PRICE

$1,332$1,628$1,480

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,480
EXPENSES Loan Payment -$784
Property Tax -$504
Property Insurance -$122
HOA -$36
Property Management Fees -$99
CASH FLOW
-$65

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.

$225,750

PROJECTED PRICE

$1,480

PROJECTED RENT

0.66%

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$100k$200k$300k$400k$500k$600k

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$65,574

INVESTMENT

$65,574

Down Payment
$56,438
Rehab Estimate
$5,750
Closing Costs
$3,386

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$784

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $56,438
Loan Amount $169,313
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$1,948

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,480

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,475

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,4003$1,4454$1,4805$1,500
$1,500
RENT COMPS ANALYSIS
  • 7207 Pandora Way San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $1,480
    • $0.90
    •  
  • 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
    •  
  • 7306 Sirius Mesa San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,509 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,509 Sqft ∙ Built 2005
    LEASED 12/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.93
    •  
  • 7042 Phoebe View San Antonio, TX 3
    • 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
    •  
  • 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
Joseph Garcia
1.210.602.1853
Bhgre Homecity
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1512760
Last Updated: 03/06/2021
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