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7906 Bearcat Field San Antonio, TX 78253

4 Beds 4 Baths 2,301 sqft Built 2017

INVESTimate

$280,000

List Price

$1,780

$1,602 - $1,958

Rent Est.

$290,920  ( +3.90%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 2017
  • Price/Sqft : $121.69
  • 6 Days on Market
  • MLS # : 1478422
  • Updated Date : 08/21/2020 at 13:50
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,301 sqft
  • Baths : 3 full , 1 half
Listing Agent

Redfin Corporation

Listing Agent's Description

Well maintained home in sought after Falcon Landing could now be yours! This unique floor plan allows for tons of privacy! Walk in to high ceilings and tiled floor. Up front, you have a living room flanked on one side by a bedroom and a full bath & bedroom on the other, perfect spot for family or guests. Mid-way through the home you will find the mud room with built-in coat rack/bench/storage. You will also find another bedroom with it's own en-suite in this area. A little further back and you have the kitchen, breakfast room, another living room, half bath, and master suite. Kitchen has granite counters, ss appliances, a breakfast bar, large island with room for seating, and ample storage & counter space. Open concept floor plan allows the kitchen, breakfast room, and living to all be open to each other. Lots of windows in the living room allow the natural light to pour in. Master suite is secluded from the secondary bedrooms and the en-suite has a a double vanity, large walk-in shower, private commode, and a walk-in closet. This home has so much to offer so book your tour now! You can also view it virtually here: https://my.matterport.com/show/?m=fSprTMznToo&mls=1

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
 

$252,000$308,000$280,000

PURCHASE PRICE

$1,602$1,958$1,780

RENT

DOWN PAYMENT
FINANCING

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-$6.0k-$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,780
EXPENSES Loan Payment -$1,033
Property Tax -$625
Property Insurance -$160
HOA -$14
Property Management Fees -$99
CASH FLOW
-$151

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.

$280,000

PROJECTED PRICE

$1,780

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.90%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,950

INVESTMENT

$79,950

Down Payment
$70,000
Rehab Estimate
$5,750
Closing Costs
$4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,033

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $70,000
Loan Amount $210,000
See What Happens When You Reinvest Cash Flow

1.08

YEARS SAVED

$1,850

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,780

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,743

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,700
1$1,7002$1,7503$1,7804$1,7955$1,850
$1,850
RENT COMPS ANALYSIS
  • 7906 Bearcat Field San Antonio, 3
    • 4 beds 4 baths ∙ 2,301 Sqft ∙ Built 2017 4 beds 4 baths ∙ 2,301 Sqft ∙ Built 2017
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,780
    • $0.77
    •  
  • 8014 Blackhawk Pass San Antonio, 1
    • 4 beds 3 baths ∙ 2,177 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,177 Sqft ∙ Built 2017
    property image
    LEASED 08/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.78
    •  
  • 7907 Blackhawk Pass San Antonio, 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
    •  
  • 15319 Delta Pt San Antonio, 4
    • 4 beds 3 baths ∙ 2,418 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,418 Sqft ∙ Built 2017
    property image
    LEASED 08/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.74
    •  
  • 8426 Pioneer Field San Antonio, 5
    • 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
    •  
PROPERTY LISTING DETAILS
Jim Seifert
1.210.289.2015
Redfin Corporation
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1478422
Last Updated: 08/21/2020
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