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9646 Pleasanton Bluff San Antonio, TX 78221

3 Beds 3 Baths 2,257 sqft Built 2016

$229,900

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $101.86
  • 2 Days on Market
  • MLS # : 1512717
  • Updated Date : 03/06/2021 at 13:22
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,257 sqft
  • Baths : 2 full , 1 half
Listing Agent

Ih 10 Realty

Listing Agent's Description

Feast your eyes on this charming home in a quiet neighborhood! Enter a lovely open layout enhanced with new laminate floors, interior paint, and doorknobs! The serene fireplace is sure to impress! Indulge your inner chef in this beautiful kitchen, complete with tile backsplash, granite countertops, stainless steel appliances including new microhood, and a breakfast bar! All beds and full baths are upstairs with a half bath conveniently located downstairs! Covered backyard patio perfect for BBQs! Ring system conveys with home.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • San Antonio metro economy is worth $130 billion in Gross Metro Product and projected to grow to $136 billion in 2019 (USMayors.org, 2018)

PRICE & RENT TRENDS

Neighborhood: Kingsborough Ridge

NeighborhoodNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180k190k200kPrice in $62k204k

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

Neighborhood: Kingsborough Ridge

NeighborhoodNIR Market*CityMarket2010Year20002019 Q260070080090010001100120013001400Rent in $5901456

* 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
Southside High School High Regular 1,432 104 3

Southside High School

  • Education Level: High
  • # of students: 1,432
  • # of teachers: 104
3
GreatSchools Rating
 

$206,910$252,890$229,900

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,660
EXPENSES Loan Payment -$799
Property Tax -$524
Property Insurance -$157
HOA -$21
Property Management Fees -$99
CASH FLOW
$60

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.

$229,900

PROJECTED PRICE

$1,660

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.31%
Appreciation Year (1-5) 6.9%
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$8.0k$10k

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$66,674

INVESTMENT

$66,674

Down Payment
$57,475
Rehab Estimate
$5,750
Closing Costs
$3,449

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$799

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $57,475
Loan Amount $172,425
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$7,048

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,660

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $1,678

    COMP ESTIMATED VALUE
  • $0.74

    COMP AVG. RENT PER SQFT
Comps Range
$1,500
1$1,5002$1,5953$1,6504$1,660
$1,660
RENT COMPS ANALYSIS
  • 9646 Pleasanton Bluff San Antonio, TX 4
    • 3 beds 3 baths ∙ 2,257 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,257 Sqft ∙ Built 2016
    • Rent
    • Rent Per SQFT
    •  
    • $1,660
    • $0.74
    •  
  • 9635 Pleasanton Bluff San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,969 Sqft ∙ Built 2018 3 beds 3 baths ∙ 1,969 Sqft ∙ Built 2018
    LEASED 12/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.76
    •  
  • 723 Pelican Pt San Antonio, TX 2
    • 4 beds 3 baths ∙ 2,326 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,326 Sqft ∙ Built 2016
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.69
    •  
  • 11634 Pelican Cove San Antonio, TX 3
    • 3 beds 3 baths ∙ 2,113 Sqft ∙ Built 2016 3 beds 3 baths ∙ 2,113 Sqft ∙ Built 2016
    LEASED 09/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.78
    •  
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 #: 1512717
Last Updated: 03/06/2021
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