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9651 Nueces Cyn San Antonio, TX 78251

3 Beds 2 Baths 1,750 sqft Built 2010

$229,900

List Price

$1,540

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2010
  • Price/Sqft : $131.37
  • 2 Days on Market
  • MLS # : 1515464
  • Updated Date : 03/20/2021 at 18:27
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,750 sqft
  • Baths : 2 full
Listing Agent

All City Real Estate, Ltd. Co.

Listing Agent's Description

Don't miss this darling home in this quiet, quaint subdivision on the NW side. This is a "drop your bags & move right in" home. Well cared for and gently lived in with beautiful tiled common areas & new carpet. Formal dining can be used as a study. The open kitchen offers granite counters & tons of cabinet space & a breakfast bar. Extra closet space as well as a storage shed for all the extras. Only minutes from Lackland, USAA fine shopping, dinning & hiking at Gov. Canyon Park.

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: West San Antonio

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $86k213k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8451681

* 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
Fernandez Elementary School Primary Regular 663 43 7
Zachry Middle School Middle Regular 1,076 64 4
Warren High School High Regular 3,052 176 7

Fernandez Elementary School

  • Education Level: Primary
  • # of students: 663
  • # of teachers: 43
7
GreatSchools Rating

Zachry Middle School

  • Education Level: Middle
  • # of students: 1,076
  • # of teachers: 64
4
GreatSchools Rating

Warren High School

  • Education Level: High
  • # of students: 3,052
  • # of teachers: 176
7
GreatSchools Rating
 

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

PURCHASE PRICE

$1,386$1,694$1,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,540
EXPENSES Loan Payment -$799
Property Tax -$513
Property Insurance -$128
HOA -$50
Property Management Fees -$99
CASH FLOW
-$49

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.

$229,900

PROJECTED PRICE

$1,540

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 3.9%
Maintenance Year (1-5) 8.00%
Vacancy 9.02%
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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

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 65% 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

2

YEARS SAVED

$2,827

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,540

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $1,549

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,5253$1,5404$1,5455$1,545
$1,545
RENT COMPS ANALYSIS
  • 9651 Nueces Cyn San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 2010 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 2010
    • Rent
    • Rent Per SQFT
    •  
    • $1,540
    • $0.88
    •  
  • 5023 Senisa Springs San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1999 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1999
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.82
    •  
  • 9943 Lauren Mist San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1998 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1998
    LEASED 12/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $0.90
    •  
  • 5518 Camry Springs San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1997
    LEASED 09/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.91
    •  
  • 9715 Kashmir Dr San Antonio, TX 5
    • 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1997
    LEASED 09/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $0.91
    •  
PROPERTY LISTING DETAILS
Meghan Pelley
1.210.232.3666
All City Real Estate, Ltd. Co.
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1515464
Last Updated: 03/20/2021
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