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7310 Weybridge San Antonio, TX 78250

3 Beds 2 Baths 1,104 sqft Built 1985

$171,000

List Price

$1,130

$1K - $1.2K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1985
  • Price/Sqft : $154.89
  • 3 Days on Market
  • MLS # : 1500443
  • Updated Date : 12/19/2020 at 00:41
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,104 sqft
  • Baths : 2 full
Listing Agent

North Town & Country, Inc.

Listing Agent's Description

Wonderful home featuring oversized backyard with Gazebo. Recent updates include all new interior paint, new laminate flooring throughout, new furnace in 2020, and roof replaced a few years ago. Square footage does not include the 18X8 enclosed porch on rear of home. Come take a look before it's gone!

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: Northwest Crossing

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Northwest Crossing

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28008509009501000105011001150120012501300135014001450Rent in $7611472

* 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
Burke Elementary School Primary Regular 508 38 9
Zachry Middle School Middle Regular 1,076 64 4
Taft High School High Regular 2,901 174 7

Burke Elementary School

  • Education Level: Primary
  • # of students: 508
  • # of teachers: 38
9
GreatSchools Rating

Zachry Middle School

  • Education Level: Middle
  • # of students: 1,076
  • # of teachers: 64
4
GreatSchools Rating

Taft High School

  • Education Level: High
  • # of students: 2,901
  • # of teachers: 174
7
GreatSchools Rating
 

$153,900$188,100$171,000

PURCHASE PRICE

$1,017$1,243$1,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,130
EXPENSES Loan Payment -$631
Property Tax -$382
Property Insurance -$91
HOA -$25
Property Management Fees -$99
CASH FLOW
-$97

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.

$171,000

PROJECTED PRICE

$1,130

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 6.8%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
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-$4.0k-$2.0k$0.0$2.0k$4.0k

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$51,065

INVESTMENT

$51,065

Down Payment
$42,750
Rehab Estimate
$5,750
Closing Costs
$2,565

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$631

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $42,750
Loan Amount $128,250
See What Happens When You Reinvest Cash Flow

1.17

YEARS SAVED

$1,130

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,130

    LIST RENT
  • $1.02

    LIST RENT PER SQFT
  • $1,129

    COMP ESTIMATED VALUE
  • $1.02

    COMP AVG. RENT PER SQFT
Comps Range
$1,130
1$1,1302$1,1953$1,1954$1,2005$1,225
$1,225
RENT COMPS ANALYSIS
  • 7310 Weybridge San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,104 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,104 Sqft ∙ Built 1985
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,130
    • $1.02
    •  
  • 7539 Rimhurst San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,197 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,197 Sqft ∙ Built 1986
    property image
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $1.00
    •  
  • 7606 Rimhurst San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,211 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,211 Sqft ∙ Built 1993
    property image
    LEASED 12/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.99
    •  
  • 7272 Hardesty San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,156 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,156 Sqft ∙ Built 1982
    property image
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $1.04
    •  
  • 7218 Brandyridge San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,156 Sqft ∙ Built 1984 3 beds 2 baths ∙ 1,156 Sqft ∙ Built 1984
    property image
    LEASED 02/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,225
    • $1.06
    •  
PROPERTY LISTING DETAILS
Joseph Buzzank
1.210.316.6057
North Town & Country, Inc.
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1500443
Last Updated: 12/19/2020
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