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8830 Ansley Bend Dr San Antonio, TX 78251

3 Beds 3 Baths 1,883 sqft Built 2004

$220,000

List Price

$1,400

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $116.83
  • 2 Days on Market
  • MLS # : 1509787
  • Updated Date : 02/13/2021 at 15:47
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,883 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Realty Advantage

Listing Agent's Description

Meticulously well-maintained home! It boasts an open floor plan with lots of natural light, with laminate flooring, granite counters, stainless appliances, on a Corner Lot, and a large backyard. All bedrooms upstairs and loft space can be used for anything. Great location with easy access to major highways. Northside ISD. Come and see this fabulous home and make it yours!

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*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $86k213k

* 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
Myers Elementary School Primary Regular 738 50 4
Jordan Middle School Middle Regular 1,353 78 5
Warren High School High Regular 3,052 176 7

Myers Elementary School

  • Education Level: Primary
  • # of students: 738
  • # of teachers: 50
4
GreatSchools Rating

Jordan Middle School

  • Education Level: Middle
  • # of students: 1,353
  • # of teachers: 78
5
GreatSchools Rating

Warren High School

  • Education Level: High
  • # of students: 3,052
  • # of teachers: 176
7
GreatSchools Rating
 

$198,000$242,000$220,000

PURCHASE PRICE

$1,260$1,540$1,400

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,400
EXPENSES Loan Payment -$764
Property Tax -$491
Property Insurance -$136
HOA -$29
Property Management Fees -$99
CASH FLOW
-$119

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.

$220,000

PROJECTED PRICE

$1,400

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-$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$64,050

INVESTMENT

$64,050

Down Payment
$55,000
Rehab Estimate
$5,750
Closing Costs
$3,300

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$764

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $55,000
Loan Amount $165,000
See What Happens When You Reinvest Cash Flow

0.83

YEARS SAVED

$916

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,400

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $1,403

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4353$1,4504$1,4505$1,500
$1,500
RENT COMPS ANALYSIS
  • 8830 Ansley Bend Dr San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,883 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,883 Sqft ∙ Built 2004
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.74
    •  
  • 8247 Elm Glade San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2004
    property image
    LEASED 12/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,435
    • $0.74
    •  
  • 4518 Cerca Royale San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,997 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,997 Sqft ∙ Built 2006
    property image
    LEASED 06/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.73
    •  
  • 8802 Laguna Falls San Antonio, TX 4
    • 4 beds 3 baths ∙ 1,896 Sqft ∙ Built 2005 4 beds 3 baths ∙ 1,896 Sqft ∙ Built 2005
    property image
    LEASED 01/28/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.76
    •  
  • 4003 Grissom Grove San Antonio, TX 5
    • 3 beds 3 baths ∙ 1,987 Sqft ∙ Built 2013 3 beds 3 baths ∙ 1,987 Sqft ∙ Built 2013
    property image
    LEASED 01/27/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.75
    •  
PROPERTY LISTING DETAILS
Yamel Romano
1.210.404.5590
Re/max Realty Advantage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1509787
Last Updated: 02/13/2021
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