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7303 Nebula Valley San Antonio, TX 78252

3 Beds 3 Baths 1,515 sqft Built 2005

$180,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $118.81
  • 2 Days on Market
  • MLS # : 1495142
  • Updated Date : 11/14/2020 at 15:18
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,515 sqft
  • Baths : 2 full , 1 half
Listing Agent

Icon Realty

Listing Agent's Description

This lovely home has an open floor plan great for entertaining ,interior neutral warm colors with ceramic floors, all bedrooms upstairs 2 car garage , the home is in a small cul da sac and if your looking for an oversize yard this is it! with a decorative wall. Great location near 90, 410 & 1604 west , near department stores, grocery stores, and military bases its a must see!!

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: 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
 

$162,000$198,000$180,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$664
Property Tax -$402
Property Insurance -$115
HOA -$36
Property Management Fees -$99
CASH FLOW
$75

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.

$180,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.77%

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

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$53,450

INVESTMENT

$53,450

Down Payment
$45,000
Rehab Estimate
$5,750
Closing Costs
$2,700

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$664

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $45,000
Loan Amount $135,000
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$8,959

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,390

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $1,386

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,3903$1,4454$1,5005$1,550
$1,550
RENT COMPS ANALYSIS
  • 7303 Nebula Valley San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,515 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,515 Sqft ∙ Built 2005
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.92
    •  
  • 7015 Pandora Way San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,446 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,446 Sqft ∙ Built 2016
    LEASED 03/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $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 4
    • 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
    •  
  • 7406 Equinox Cor San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,653 Sqft ∙ Built 2018
    LEASED 08/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.94
    •  
PROPERTY LISTING DETAILS
Bertha Garza
1.210.300.1719
Icon Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1495142
Last Updated: 11/14/2020
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