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7806 Liberty Island San Antonio, TX 78227

3 Beds 3 Baths 1,984 sqft Built 2008

$225,000

List Price

$1,500

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 23, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2008
  • Price/Sqft : $113.41
  • 3 Days on Market
  • MLS # : 1505655
  • Updated Date : 01/23/2021 at 05:19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,984 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams City-view

Listing Agent's Description

Beautiful 3 bed, 2.5 bath home located in a nice community. This home features an open floor plan, two living areas, and spacious bedrooms. Located near Lackland AFB, Sea World, shopping, and dining.

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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: Valley High North

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Valley High North

NeighborhoodNIR Market*CityMarket2010Year20002019 Q280090010001100120013001400Rent in $7041472

* 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
Valley Hi Elementary School Primary Regular 444 35 5
Rayburn Middle School Middle Regular 978 73 4
John Jay High School High Regular 2,929 182 3

Valley Hi Elementary School

  • Education Level: Primary
  • # of students: 444
  • # of teachers: 35
5
GreatSchools Rating

Rayburn Middle School

  • Education Level: Middle
  • # of students: 978
  • # of teachers: 73
4
GreatSchools Rating

John Jay High School

  • Education Level: High
  • # of students: 2,929
  • # of teachers: 182
3
GreatSchools Rating
 

$202,500$247,500$225,000

PURCHASE PRICE

$1,350$1,650$1,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,500
EXPENSES Loan Payment -$782
Property Tax -$502
Property Insurance -$142
HOA -$21
Property Management Fees -$99
CASH FLOW
-$45

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.

$225,000

PROJECTED PRICE

$1,500

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 7.4%
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$600k$700k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$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$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$65,375

INVESTMENT

$65,375

Down Payment
$56,250
Rehab Estimate
$5,750
Closing Costs
$3,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$782

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $56,250
Loan Amount $168,750
See What Happens When You Reinvest Cash Flow

2.08

YEARS SAVED

$2,946

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,500

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,597

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,3953$1,4004$1,5005$1,510
$1,510
RENT COMPS ANALYSIS
  • 7806 Liberty Island San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,984 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,984 Sqft ∙ Built 2008
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.76
    •  
  • 6218 Heathers Run San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,720 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,720 Sqft ∙ Built 2006
    property image
    LEASED 06/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.81
    •  
  • 334 Silver Bit San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,732 Sqft ∙ Built 2002 3 beds 3 baths ∙ 1,732 Sqft ∙ Built 2002
    property image
    LEASED 10/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.81
    •  
  • 434 Jockey San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,795 Sqft ∙ Built 2003 3 beds 3 baths ∙ 1,795 Sqft ∙ Built 2003
    property image
    LEASED 05/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.78
    •  
  • 7026 Heathers Pond San Antonio, TX 5
    • 4 beds 3 baths ∙ 1,847 Sqft ∙ Built 2013 4 beds 3 baths ∙ 1,847 Sqft ∙ Built 2013
    property image
    LEASED 05/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.82
    •  
PROPERTY LISTING DETAILS
Carissa Falcon-acker
1.210.876.5180
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1505655
Last Updated: 01/23/2021
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