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8730 Fischer Falls San Antonio, TX 78254

3 Beds 2 Baths 1,442 sqft Built 2018

$225,000

List Price

$1,430

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $156.03
  • 3 Days on Market
  • MLS # : 1499331
  • Updated Date : 12/11/2020 at 23:05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,442 sqft
  • Baths : 2 full
Listing Agent

Fathom Realty Llc

Listing Agent's Description

The perfect single story home, with the look and feel of New. This home features a open floor plan with 3 bedroom 2 bath, gas stove, built in microwave, separate pantry, granite counter top through out the home, along with separate garden tub and shower in master, which includes walk in closet and so much more. The exterior boast of garden area and rock patio perfect for entertaining. Don't miss your chance to own this perfect home.

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
Field Elementary School Primary Regular NA
Jefferson Middle School Middle Regular 1,451 79 7
Harlan High School High Regular NA

Field Elementary School

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

Jefferson Middle School

  • Education Level: Middle
  • # of students: 1,451
  • # of teachers: 79
7
GreatSchools Rating

Harlan High School

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

$202,500$247,500$225,000

PURCHASE PRICE

$1,287$1,573$1,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,430
EXPENSES Loan Payment -$830
Property Tax -$502
Property Insurance -$110
HOA -$37
Property Management Fees -$99
CASH FLOW
-$148

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.

$225,000

PROJECTED PRICE

$1,430

PROJECTED RENT

0.64%

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$65,375

INVESTMENT

$65,375

Down Payment
$56,250
Rehab Estimate
$5,750
Closing Costs
$3,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$830

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $56,250
Loan Amount $168,750
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$914

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,430

    LIST RENT
  • $0.99

    LIST RENT PER SQFT
  • $1,334

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,195
1$1,1952$1,3003$1,3504$1,3505$1,430
$1,430
RENT COMPS ANALYSIS
  • 8730 Fischer Falls San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,442 Sqft ∙ Built 2018
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,430
    • $0.99
    •  
  • 8009 Fair Bend San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,386 Sqft ∙ Built 2000
    property image
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.86
    •  
  • 10607 Shaencrest San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,351 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,351 Sqft ∙ Built 2003
    property image
    LEASED 01/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.96
    •  
  • 10603 N. Shaenridge Rd San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,396 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,396 Sqft ∙ Built 2003
    property image
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.97
    •  
  • 10619 Shaenpath San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,478 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,478 Sqft ∙ Built 2004
    property image
    LEASED 11/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.91
    •  
PROPERTY LISTING DETAILS
Maureen Shellaby
1.210.204.4849
Fathom Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1499331
Last Updated: 12/11/2020
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