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7902 Bearcat Field San Antonio, TX 78253

4 Beds 3 Baths 2,695 sqft Built 2017

$289,900

List Price

$1,800

$1.6K - $2K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $107.57
  • 2 Days on Market
  • MLS # : 1495173
  • Updated Date : 11/14/2020 at 18:44
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,695 sqft
  • Baths : 2 full , 1 half
Listing Agent

Ca & Company, Realtors

Listing Agent's Description

You have found the neighborhood jewel, not all homes are built the same!! Delicately cared for and upgraded, move in ready!! Hard to find, four bedroom, two and a half bathroom home in SOLD OUT FALCON LANDING!! The true definition of pride of ownership, granite counter tops, stainless steel appliances, covered patio and extended outdoor living area, master bedroom downstairs, oversized game room upstairs, and mud room. Easy access to major thoroughfares, neighborhood with amenities like pool and playground, this home has a lot to offer with it's amazing corner lot. Make your appointment today and don't miss it!! This home will not last!!

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: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $86k264k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Potranco Elementary School Primary Regular 807 44 8
Medina Valley Middle School Middle Regular 976 58 5
Medina Valley High School High Regular 1,159 67 6

Potranco Elementary School

  • Education Level: Primary
  • # of students: 807
  • # of teachers: 44
8
GreatSchools Rating

Medina Valley Middle School

  • Education Level: Middle
  • # of students: 976
  • # of teachers: 58
5
GreatSchools Rating

Medina Valley High School

  • Education Level: High
  • # of students: 1,159
  • # of teachers: 67
6
GreatSchools Rating
 

$260,910$318,890$289,900

PURCHASE PRICE

$1,620$1,980$1,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,800
EXPENSES Loan Payment -$1,070
Property Tax -$647
Property Insurance -$183
HOA -$28
Property Management Fees -$99
CASH FLOW
-$227

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.

$289,900

PROJECTED PRICE

$1,800

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.9%
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-$8.0k-$6.0k-$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$82,574

INVESTMENT

$82,574

Down Payment
$72,475
Rehab Estimate
$5,750
Closing Costs
$4,349

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$1,070

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $72,475
Loan Amount $217,425
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$551

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,800

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $1,927

    COMP ESTIMATED VALUE
  • $0.71

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,7503$1,8004$1,8505$2,150
$2,150
RENT COMPS ANALYSIS
  • 7902 Bearcat Field San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,695 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,695 Sqft ∙ Built 2017
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.67
    •  
  • 8329 Pioneer Field San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,522 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,522 Sqft ∙ Built 2016
    property image
    LEASED 04/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.63
    •  
  • 7907 Blackhawk Pass San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,388 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,388 Sqft ∙ Built 2018
    property image
    LEASED 06/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.73
    •  
  • 8426 Pioneer Field San Antonio, TX 4
    • 3 beds 2 baths ∙ 2,372 Sqft ∙ Built 2015 3 beds 2 baths ∙ 2,372 Sqft ∙ Built 2015
    property image
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.78
    •  
  • 15410 Delta Point San Antonio, TX 5
    • 5 beds 4 baths ∙ 2,974 Sqft ∙ Built 2015 5 beds 4 baths ∙ 2,974 Sqft ∙ Built 2015
    property image
    LEASED 09/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.72
    •  
PROPERTY LISTING DETAILS
Cesar Amezcua
1.210.442.7479
Ca & Company, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1495173
Last Updated: 11/14/2020
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