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7931 Genesse Crk San Antonio, TX 78254

4 Beds 3 Baths 2,824 sqft Built 2014

$325,000

List Price

$2,200

$2K - $2.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $115.08
  • 3 Days on Market
  • MLS # : 1514008
  • Updated Date : 03/13/2021 at 04:11
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,824 sqft
  • Baths : 2 full , 1 half
Listing Agent

Our Texas Real Estate

Listing Agent's Description

This home won't last! Located in the desirable Talise De Culebra subdivision, the beautiful 4-bedroom home has everything you could ask for!! Private Master bedroom on 1st Floor; all other bedrooms upstairs! Stunning wet bar area next to your dream kitchen! Game room and media room, all under one roof!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)

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 Unknown NA
Harlan High School High Unknown NA

Scarborough Elementary School

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

Folks Middle School

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

Harlan High School

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

$292,500$357,500$325,000

PURCHASE PRICE

$1,980$2,420$2,200

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,200
EXPENSES Loan Payment -$1,129
Property Tax -$726
Property Insurance -$190
HOA -$42
Property Management Fees -$99
CASH FLOW
$15

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.

$325,000

PROJECTED PRICE

$2,200

PROJECTED RENT

0.68%

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$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$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$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$91,875

INVESTMENT

$91,875

Down Payment
$81,250
Rehab Estimate
$5,750
Closing Costs
$4,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,129

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $81,250
Loan Amount $243,750
See What Happens When You Reinvest Cash Flow

2.83

YEARS SAVED

$7,425

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,200

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $2,358

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$2,200
1$2,2002$2,2953$2,3004$2,4505$2,600
$2,600
RENT COMPS ANALYSIS
  • 7931 Genesse Crk San Antonio, TX 1
    • 4 beds 3 baths ∙ 2,824 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,824 Sqft ∙ Built 2014
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.78
    •  
  • 13150 Shoreline Drive San Antonio, TX 2
    • 4 beds 3 baths ∙ 3,019 Sqft ∙ Built 2016 4 beds 3 baths ∙ 3,019 Sqft ∙ Built 2016
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,295
    • $0.76
    •  
  • 12635 Perini Ranch San Antonio, TX 3
    • 5 beds 4 baths ∙ 2,871 Sqft ∙ Built 2012 5 beds 4 baths ∙ 2,871 Sqft ∙ Built 2012
    LEASED 04/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.80
    •  
  • 13225 Sumara Dr San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,792 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,792 Sqft ∙ Built 2015
    LEASED 03/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.88
    •  
  • 8430 Tanju Ln San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,873 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,873 Sqft ∙ Built 2017
    LEASED 09/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.90
    •  
PROPERTY LISTING DETAILS
Esmeralda Ramahi
1.210.392.9770
Our Texas Real Estate
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1514008
Last Updated: 03/13/2021
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