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8110 Boughwood San Antonio, TX 78250

3 Beds 2 Baths 1,372 sqft Built 1979

INVESTimate

$179,000

List Price

$1,300

$1,170 - $1,430

Rent Est.

$191,798  ( +7.15%)   1 YR EST. FORECAST

PROPERTY INFO

August 24, 2020 RECENTLY ADDED
FACTS
  • Built In 1979
  • Price/Sqft : $130.47
  • 3 Days on Market
  • MLS # : 1478950
  • Updated Date : 08/25/2020 at 18:44
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,372 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Legacy

Listing Agent's Description

Investment property located in New Territories

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: New Territories

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: New Territories

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6591456

* 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
Carson Elementary School Primary Regular 650 41 8
Stevenson Middle School Middle Regular 1,361 81 6
O'connor High School High Regular 3,094 173 8

Carson Elementary School

  • Education Level: Primary
  • # of students: 650
  • # of teachers: 41
8
GreatSchools Rating

Stevenson Middle School

  • Education Level: Middle
  • # of students: 1,361
  • # of teachers: 81
6
GreatSchools Rating

O'connor High School

  • Education Level: High
  • # of students: 3,094
  • # of teachers: 173
8
GreatSchools Rating
 

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

PURCHASE PRICE

$1,170$1,430$1,300

RENT

DOWN PAYMENT
FINANCING

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,300
EXPENSES Loan Payment -$660
Property Tax -$400
Property Insurance -$106
Property Management Fees -$99
CASH FLOW
$35

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 18% of earned rent to cover both maintenance and periods of vacancy.

$179,000

PROJECTED PRICE

$1,300

PROJECTED RENT

0.73%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 7.15%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
Length of Stay Years 2

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 60% 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

3.58

YEARS SAVED

$6,687

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,300

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $1,297

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,3253$1,3504$1,3955$1,450
$1,450
RENT COMPS ANALYSIS
  • 8110 Boughwood San Antonio, 1
    • 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,372 Sqft ∙ Built 1979
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.95
    •  
  • 9302 Points Edge San Antonio, 2
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 1980
    property image
    LEASED 08/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.91
    •  
  • 9446 Fairpoint San Antonio, 3
    • 3 beds 2 baths ∙ 1,394 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,394 Sqft ∙ Built 1993
    property image
    LEASED 04/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.97
    •  
  • 8247 Middle Pt San Antonio, 4
    • 3 beds 2 baths ∙ 1,470 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,470 Sqft ∙ Built 1985
    property image
    LEASED 09/17/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.95
    •  
  • 8823 Teaberry Dr San Antonio, 5
    • 3 beds 2 baths ∙ 1,520 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,520 Sqft ∙ Built 1996
    property image
    LEASED 05/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.95
    •  
PROPERTY LISTING DETAILS
Jacob Delgado
1.210.386.1525
Keller Williams Legacy
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1478950
Last Updated: 08/25/2020
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