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9419 Arden Bnd San Antonio, TX 78250

3 Beds 2 Baths 1,952 sqft Built 1992

$225,000

List Price

$1,470

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $115.27
  • 3 Days on Market
  • MLS # : 1505381
  • Updated Date : 01/22/2021 at 16:57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,952 sqft
  • Baths : 2 full
Listing Agent

Ih 10 Realty

Listing Agent's Description

Terrific Open large floor plan with plenty of space in this 1 story home. Oversize Kitchen with plenty of counter tops and cabinets. Level backyard with storage shed. Formal dining and breakfast area. Oversized master bedroom. Bathrooms have been updated and carpet is newer. Come see this home and you will appreciate it.

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: 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
 

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

PURCHASE PRICE

$1,323$1,617$1,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,470
EXPENSES Loan Payment -$782
Property Tax -$502
Property Insurance -$140
Property Management Fees -$99
CASH FLOW
-$52

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.

$225,000

PROJECTED PRICE

$1,470

PROJECTED RENT

0.65%

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

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$700k

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 65% down payment or higher enables the proceeds from the asset to cover all costs.

$782

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $56,250
Loan Amount $168,750
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$2,371

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,470

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $1,488

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,4703$1,4954$1,5505$1,650
$1,650
RENT COMPS ANALYSIS
  • 9419 Arden Bnd San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,952 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,952 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $1,470
    • $0.75
    •  
  • 8104 April Bend San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,879 Sqft ∙ Built 1995 3 beds 3 baths ∙ 1,879 Sqft ∙ Built 1995
    LEASED 07/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.77
    •  
  • 9354 Pinkerton Way San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,948 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,948 Sqft ∙ Built 1997
    LEASED 10/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.77
    •  
  • 9751 Girth Ln San Antonio, TX 4
    • 3 beds 3 baths ∙ 2,086 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,086 Sqft ∙ Built 2001
    LEASED 08/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.74
    •  
  • 8747 Braun Path San Antonio, TX 5
    • 3 beds 3 baths ∙ 2,135 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,135 Sqft ∙ Built 2002
    LEASED 01/07/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.77
    •  
PROPERTY LISTING DETAILS
Manuel Esparza
1.210.392.8483
Ih 10 Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1505381
Last Updated: 01/22/2021
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