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9450 Swans Crossing San Antonio, TX 78250

3 Beds 3 Baths 1,518 sqft Built 1998

$192,888

List Price

$1,450

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $127.07
  • 6 Days on Market
  • MLS # : 1494258
  • Updated Date : 11/10/2020 at 20:24
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,518 sqft
  • Baths : 2 full , 1 half
Listing Agent

Performance Matters Realty

Listing Agent's Description

Lovely 3 bedroom!! Awesome location!! Great Price!! Owner Finance!!!

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: North San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280kPrice in $86k290k

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

Neighborhood: North San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800190020002100Rent in $8452175

* 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
 

$173,599$212,177$192,888

PURCHASE PRICE

$1,305$1,595$1,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,450
EXPENSES Loan Payment -$712
Property Tax -$431
Property Insurance -$115
HOA -$17
Property Management Fees -$99
CASH FLOW
$77

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.

$192,888

PROJECTED PRICE

$1,450

PROJECTED RENT

0.75%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.11%
Appreciation Year (1-5) 4.5%
Maintenance Year (1-5) 8.00%
Vacancy 9.32%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k

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$56,865

INVESTMENT

$56,865

Down Payment
$48,222
Rehab Estimate
$5,750
Closing Costs
$2,893

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$712

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $48,222
Loan Amount $144,666
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$9,325

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,450

    LIST RENT
  • $0.96

    LIST RENT PER SQFT
  • $1,457

    COMP ESTIMATED VALUE
  • $0.96

    COMP AVG. RENT PER SQFT
Comps Range
$1,285
1$1,2852$1,2953$1,2954$1,3455$1,450
$1,450
RENT COMPS ANALYSIS
  • 9450 Swans Crossing San Antonio, TX 5
    • 3 beds 3 baths ∙ 1,518 Sqft ∙ Built 1998 3 beds 3 baths ∙ 1,518 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.96
    •  
  • 9330 Gillcross Way San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,352 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,352 Sqft ∙ Built 1996
    LEASED 03/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,285
    • $0.95
    •  
  • 9411 Gillcross Way San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,366 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,366 Sqft ∙ Built 1996
    LEASED 01/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.95
    •  
  • 9515 Gillcross Way San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,366 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,366 Sqft ∙ Built 1995
    LEASED 01/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,295
    • $0.95
    •  
  • 9414 Gillcross Way San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,352 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,352 Sqft ∙ Built 1996
    LEASED 07/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,345
    • $0.99
    •  
PROPERTY LISTING DETAILS
Scott Stephan
1.210.638.7600
Performance Matters Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1494258
Last Updated: 11/10/2020
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