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7931 Bronzerock Dr San Antonio, TX 78244

5 Beds 3 Baths 2,527 sqft Built 1999

$179,000

List Price

$1,550

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
December 24, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $70.83
  • 5 Days on Market
  • MLS # : 1500986
  • Updated Date : 12/25/2020 at 18:30
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,527 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Heritage

Listing Agent's Description

Come see this beautiful 2 story home 5 bedroom close to Fort Sam and booming Northeast area! Fresh paint, new floors, baseboards kitchen redone and so much more! This home won't 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: Brentfield

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Brentfield

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28008509009501000105011001150120012501300135014001450Rent in $7521472

* 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
Woodlake Elementary School Primary Regular 712 48 3
Metzger Middle School Middle Regular 967 57 3
Wagner High School High Regular 2,274 138 3

Woodlake Elementary School

  • Education Level: Primary
  • # of students: 712
  • # of teachers: 48
3
GreatSchools Rating

Metzger Middle School

  • Education Level: Middle
  • # of students: 967
  • # of teachers: 57
3
GreatSchools Rating

Wagner High School

  • Education Level: High
  • # of students: 2,274
  • # of teachers: 138
3
GreatSchools Rating
 

$161,100$196,900$179,000

PURCHASE PRICE

$1,395$1,705$1,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,550
EXPENSES Loan Payment -$660
Property Tax -$433
Property Insurance -$173
HOA -$17
Property Management Fees -$99
CASH FLOW
$169

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.

$179,000

PROJECTED PRICE

$1,550

PROJECTED RENT

0.87%

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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$53,185

INVESTMENT

$53,185

Down Payment
$44,750
Rehab Estimate
$5,750
Closing Costs
$2,685

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$660

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $44,750
Loan Amount $134,250
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$17,126

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,550

    LIST RENT
  • $0.61

    LIST RENT PER SQFT
  • $1,504

    COMP ESTIMATED VALUE
  • $0.6

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,3953$1,4954$1,5455$1,550
$1,550
RENT COMPS ANALYSIS
  • 7931 Bronzerock Dr San Antonio, TX 5
    • 5 beds 4 baths ∙ 2,527 Sqft ∙ Built 1999 5 beds 4 baths ∙ 2,527 Sqft ∙ Built 1999
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.61
    •  
  • 6678 Snow Meadow Dr Converse, TX 1
    • 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 1993
    property image
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.58
    •  
  • 8223 Maple Meadow Dr Converse, TX 2
    • 5 beds 3 baths ∙ 2,330 Sqft ∙ Built 2005 5 beds 3 baths ∙ 2,330 Sqft ∙ Built 2005
    property image
    LEASED 01/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.60
    •  
  • 7922 Pecan Heights San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 1999
    property image
    LEASED 01/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.59
    •  
  • 6125 Ferrysage Dr San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,538 Sqft ∙ Built 2000
    property image
    LEASED 05/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.61
    •  
PROPERTY LISTING DETAILS
Eugene Morales
1.210.445.0347
Keller Williams Heritage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1500986
Last Updated: 12/25/2020
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