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9407 Hays Pt San Antonio, TX 78250

4 Beds 2 Baths 1,747 sqft Built 1995

$249,000

List Price

$1,500

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
FACTS
  • Single Family
  • Built In 1995
  • Price/Sqft : $142.53
  • 20 Days on Market
  • MLS # : 1509073
  • Updated Date : 02/26/2021 at 04:57
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,747 sqft
  • Baths : 2 full
Listing Agent

Exp Realty, Llc

Listing Agent's Description

Take advantage of this unique move-in ready house of 4 bedrooms set in just one floor and located in the most desirable cul de sac of the neighborhood. This four-sided brick home has been newly renovated. Updates include Range, Dishwasher, Disposal, Microwave, Toilets, Granite countertops, Brand new Fixtures, Sinks, Lighting, and Flooring. Granite countertops, stainless steel appliances, and timeless tile backsplash. Almost everything up to code. Large deck with shade trees in the backyard. Just a few blocks from 1604 and close to schools and shopping centers! Foundation repaired by Perma-Pier with a transferable lifetime guaranty. Come and see, it won't last!!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

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
Brauchle Elementary School Primary Regular 616 41 7
Stevenson Middle School Middle Regular 1,361 81 6
O'connor High School High Regular 3,094 173 8

Brauchle Elementary School

  • Education Level: Primary
  • # of students: 616
  • # of teachers: 41
7
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
 

$224,100$273,900$249,000

PURCHASE PRICE

$1,350$1,650$1,500

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,500
EXPENSES Loan Payment -$865
Property Tax -$556
Property Insurance -$128
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 18% of earned rent to cover both maintenance and periods of vacancy.

$249,000

PROJECTED PRICE

$1,500

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 7.2%
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$700k$800k

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$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$71,735

INVESTMENT

$71,735

Down Payment
$62,250
Rehab Estimate
$5,750
Closing Costs
$3,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$865

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,250
Loan Amount $186,750
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$677

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,500

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • $1,537

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$1,300
1$1,3002$1,4253$1,4954$1,5005$1,595
$1,595
RENT COMPS ANALYSIS
  • 9407 Hays Pt San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,747 Sqft ∙ Built 1995 4 beds 2 baths ∙ 1,747 Sqft ∙ Built 1995
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.86
    •  
  • 9411 Bouleau San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,549 Sqft ∙ Built 1986 3 beds 2 baths ∙ 1,549 Sqft ∙ Built 1986
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.84
    •  
  • 9310 Overland Way San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,622 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,622 Sqft ∙ Built 2000
    LEASED 01/16/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,425
    • $0.88
    •  
  • 8234 Cooks Pt San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,681 Sqft ∙ Built 1987 3 beds 3 baths ∙ 1,681 Sqft ∙ Built 1987
    LEASED 11/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.89
    •  
  • 9410 Bendell San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 1992
    LEASED 01/09/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.91
    •  
PROPERTY LISTING DETAILS
Mariana Campos
1.210.306.0674
Exp Realty, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1509073
Last Updated: 02/26/2021
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