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7934 Deepwell Dr San Antonio, TX 78254

3 Beds 2 Baths 1,716 sqft Built 2017

$267,500

List Price

$1,610

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $155.89
  • 4 Days on Market
  • MLS # : 1506593
  • Updated Date : 01/28/2021 at 17:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,716 sqft
  • Baths : 2 full
Listing Agent

San Antonio Portfolio Kw Re

Listing Agent's Description

Lovely one-story CastleRock home is stone with brick accents in Talise de Culebra. Open floor plan has a nice entry that opens to the study and features a chef's kitchen with gas cooking, stainless appliances plus a central island with breakfast bar. Breakfast and living give plenty of room for everyone. Split master with spa like bath has big closet, dual vanities, garden tub and separate shower. Nicely sized secondary bedrooms and nice covered patio overlooks the private backyard. Great neighborhood amenities of pool, playground near 1604.

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*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 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: 700
  • # of teachers: 45
NA
GreatSchools Rating

Harlan High School

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

$240,750$294,250$267,500

PURCHASE PRICE

$1,449$1,771$1,610

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,610
EXPENSES Loan Payment -$929
Property Tax -$597
Property Insurance -$126
HOA -$42
Property Management Fees -$99
CASH FLOW
-$183

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.

$267,500

PROJECTED PRICE

$1,610

PROJECTED RENT

0.60%

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$76,638

INVESTMENT

$76,638

Down Payment
$66,875
Rehab Estimate
$5,750
Closing Costs
$4,013

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$929

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,875
Loan Amount $200,625
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$567

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,610

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $1,617

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,610
1$1,6102$1,6953$1,7504$1,7955$1,850
$1,850
RENT COMPS ANALYSIS
  • 7934 Deepwell Dr San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,716 Sqft ∙ Built 2017
    • Rent
    • Rent Per SQFT
    •  
    • $1,610
    • $0.94
    •  
  • 7927 Cenote Dr San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,909 Sqft ∙ Built 2013 3 beds 3 baths ∙ 1,909 Sqft ∙ Built 2013
    LEASED 12/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.89
    •  
  • 13134 Piper Sonoma San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,852 Sqft ∙ Built 2012 3 beds 2 baths ∙ 1,852 Sqft ∙ Built 2012
    LEASED 06/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.94
    •  
  • 8150 Cactus Bend Dr San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 2017
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.96
    •  
  • 13208 Sumara Dr San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,887 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,887 Sqft ∙ Built 2015
    LEASED 12/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.98
    •  
PROPERTY LISTING DETAILS
Denise Graves
1.210.260.2176
San Antonio Portfolio Kw Re
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1506593
Last Updated: 01/28/2021
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