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8827 Adhinger San Antonio, TX 78245

4 Beds 3 Baths 2,245 sqft Built 2012

$205,000

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 03, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2012
  • Price/Sqft : $91.31
  • 2 Days on Market
  • MLS # : 1501931
  • Updated Date : 01/03/2021 at 02:25
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,245 sqft
  • Baths : 3 full
Listing Agent

Realty Executives Of S.a.

Listing Agent's Description

This well maintained home will make any buyer proud to call home! Exterior has recently been painted, the entire downstairs has all new vinyl flooring that looks like hardwood floors. The downstairs interior has recently been painted as well, the home is open and spacious with loads of windows. There is one bedroom downstairs that would make a great in-law suite or the perfect office, full bath downstairs. The game room can be used as a TV room, playroom, or a craft room it's large enough for anyone's needs. Large master upstairs with full bath and two additional bedrooms. Don't miss the large backyard, great for entertaining. Great location, quick access to Hwy 151 and loop 410.

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*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

* 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
Hatchett Elementary School Primary Regular 841 53 5
Pease Middle School Middle Regular 1,139 73 4
Stevens High School High Regular 2,866 172 4

Hatchett Elementary School

  • Education Level: Primary
  • # of students: 841
  • # of teachers: 53
5
GreatSchools Rating

Pease Middle School

  • Education Level: Middle
  • # of students: 1,139
  • # of teachers: 73
4
GreatSchools Rating

Stevens High School

  • Education Level: High
  • # of students: 2,866
  • # of teachers: 172
4
GreatSchools Rating
 

$184,500$225,500$205,000

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$756
Property Tax -$466
Property Insurance -$157
HOA -$15
Property Management Fees -$99
CASH FLOW
$47

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.

$205,000

PROJECTED PRICE

$1,540

PROJECTED RENT

0.75%

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

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$60,075

INVESTMENT

$60,075

Down Payment
$51,250
Rehab Estimate
$5,750
Closing Costs
$3,075

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$756

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $51,250
Loan Amount $153,750
See What Happens When You Reinvest Cash Flow

4

YEARS SAVED

$8,427

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,540

    LIST RENT
  • $0.69

    LIST RENT PER SQFT
  • $1,510

    COMP ESTIMATED VALUE
  • $0.67

    COMP AVG. RENT PER SQFT
Comps Range
$1,475
1$1,4752$1,4953$1,5404$1,5755$1,575
$1,575
RENT COMPS ANALYSIS
  • 8827 Adhinger San Antonio, TX 3
    • 4 beds 3 baths ∙ 2,245 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,245 Sqft ∙ Built 2012
    • Rent
    • Rent Per SQFT
    •  
    • $1,540
    • $0.69
    •  
  • 8831 Golden Eye San Antonio, TX 1
    • 3 beds 3 baths ∙ 2,160 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,160 Sqft ∙ Built 2007
    LEASED 08/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.68
    •  
  • 8734 Snow Goose San Antonio, TX 2
    • 3 beds 3 baths ∙ 2,160 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,160 Sqft ∙ Built 2006
    LEASED 03/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.69
    •  
  • 714 Las Puertas San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 2000
    LEASED 02/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.66
    •  
  • 526 Tres Caminos San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,399 Sqft ∙ Built 2002
    LEASED 09/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.66
    •  
PROPERTY LISTING DETAILS
Janith Lares
1.210.912.2276
Realty Executives Of S.a.
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1501931
Last Updated: 01/03/2021
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