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7927 Cimarron Ranch San Antonio, TX 78254

3 Beds 2 Baths 1,863 sqft Built 2013

$269,900

List Price

$1,690

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $144.87
  • 25 Days on Market
  • MLS # : 1494748
  • Updated Date : 12/06/2020 at 04:27
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,863 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Great floor plan for this Meritage Home in the well sought out Stillwater Subdivision. Beautiful exterior stone and stucco home with foam insulation for great energy efficiency. 3 BR, 2BTH home with all bedrooms on main level. Great space up (Loft) for a serious man cave. Stunning high end vinyl flooring in main living areas. High ceilings with open kitchen, large counter height granite island, lots of counter space with stainless steel appliances. Large Main bedroom with bay window, ceiling fan. Walk-in closet and main bath with separate shower/tub and double vanities with granite counters. Large inviting covered patio, great for entertaining.Short walk to great amenity center with pool, park, courts etc. Northside schools and favorable property taxes. Nearby shopping and easy access to expressways.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

PRICE & RENT TRENDS

Neighborhood: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220kPrice in $86k235k

* 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
Scarborough Elementary School Primary Regular 788 48 8
Folks Middle School Middle Regular 700 45 NA
Harlan High School High Regular NA

Scarborough Elementary School

  • Education Level: Primary
  • # of students: 788
  • # of teachers: 48
8
GreatSchools Rating

Folks Middle School

  • Education Level: Middle
  • # of students: 700
  • # of teachers: 45
NA
GreatSchools Rating

Harlan High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$242,910$296,890$269,900

PURCHASE PRICE

$1,521$1,859$1,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,690
EXPENSES Loan Payment -$996
Property Tax -$603
Property Insurance -$135
HOA -$52
Property Management Fees -$99
CASH FLOW
-$194

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.

$269,900

PROJECTED PRICE

$1,690

PROJECTED RENT

0.63%

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-$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$77,274

INVESTMENT

$77,274

Down Payment
$67,475
Rehab Estimate
$5,750
Closing Costs
$4,049

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$996

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $67,475
Loan Amount $202,425
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$783

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,690

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $1,695

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,645
1$1,6452$1,6903$1,7004$1,8005$1,900
$1,900
RENT COMPS ANALYSIS
  • 7927 Cimarron Ranch San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,863 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,863 Sqft ∙ Built 2013
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.91
    •  
  • 7638 Ruger Ranch San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,922 Sqft ∙ Built 2009 3 beds 3 baths ∙ 1,922 Sqft ∙ Built 2009
    property image
    LEASED 12/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,645
    • $0.86
    •  
  • 8003 Oxbow Way San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,931 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,931 Sqft ∙ Built 2017
    property image
    LEASED 12/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.88
    •  
  • 7913 Oxbow Way San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,931 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,931 Sqft ∙ Built 2015
    property image
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.93
    •  
  • 8734 White Crown San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,966 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,966 Sqft ∙ Built 2016
    property image
    LEASED 05/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.97
    •  
PROPERTY LISTING DETAILS
Sheba Chambers-ramos
1.210.860.1779
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1494748
Last Updated: 12/06/2020
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