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9306 Bending Crest San Antonio, TX 78239

4 Beds 3 Baths 2,292 sqft Built 1998

$182,900

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $79.80
  • 2 Days on Market
  • MLS # : 1497189
  • Updated Date : 11/28/2020 at 19:41
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,292 sqft
  • Baths : 2 full , 1 half
Listing Agent

White Line Realty

Listing Agent's Description

This house is super cute and won't last long! Right off Crestway in Windcrest this 4 bedroom, 2.5 baths, 1 car garage has recently been renovated and kept in wonderful condition. This house has 2 living spaces with a loft upstairs, a separate dining room, a deck in the private backyard, updated bathrooms and more! This is the perfect house for any family and in a great location of San Antonio. Come see this house today and make it your home for the holidays!

SEE MORE

MARKET HIGHLIGHTS

  • The metro contributes to 7.2 percent of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • 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)

PRICE & RENT TRENDS

Neighborhood: East San Antonio

ZipNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $67k204k

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

Neighborhood: East San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6791456

* 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
Windcrest Elementary School Primary Regular 665 45 3
White Middle School Middle Regular 875 67 4
Roosevelt High School High Regular 2,916 186 4

Windcrest Elementary School

  • Education Level: Primary
  • # of students: 665
  • # of teachers: 45
3
GreatSchools Rating

White Middle School

  • Education Level: Middle
  • # of students: 875
  • # of teachers: 67
4
GreatSchools Rating

Roosevelt High School

  • Education Level: High
  • # of students: 2,916
  • # of teachers: 186
4
GreatSchools Rating
 

$164,610$201,190$182,900

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,530
EXPENSES Loan Payment -$675
Property Tax -$408
Property Insurance -$159
HOA -$11
Property Management Fees -$99
CASH FLOW
$177

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.

$182,900

PROJECTED PRICE

$1,530

PROJECTED RENT

0.84%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 6.2%
Maintenance Year (1-5) 8.00%
Vacancy 9.54%
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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$54,219

INVESTMENT

$54,219

Down Payment
$45,725
Rehab Estimate
$5,750
Closing Costs
$2,744

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$675

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $45,725
Loan Amount $137,175
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$17,516

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,530

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $1,622

    COMP ESTIMATED VALUE
  • $0.71

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,5303$1,5954$1,7005$1,795
$1,795
RENT COMPS ANALYSIS
  • 9306 Bending Crest San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,292 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,292 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.67
    •  
  • 9523 Chelmsford San Antonio, TX 1
    • 4 beds 2 baths ∙ 2,184 Sqft ∙ Built 1978 4 beds 2 baths ∙ 2,184 Sqft ∙ Built 1978
    property image
    LEASED 05/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.69
    •  
  • 7000 Jefferson Ridge Dr Converse, TX 3
    • 4 beds 3 baths ∙ 2,339 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,339 Sqft ∙ Built 1994
    property image
    LEASED 08/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.68
    •  
  • 6539 Wind Path San Antonio, TX 4
    • 4 beds 3 baths ∙ 2,403 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,403 Sqft ∙ Built 2016
    property image
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.71
    •  
  • 6411 Wind Path San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,403 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,403 Sqft ∙ Built 2016
    property image
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.75
    •  
PROPERTY LISTING DETAILS
Hillary Romero
1.210.269.1127
White Line Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1497189
Last Updated: 11/28/2020
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