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9811 Gotha Ranch Helotes, TX 78023

4 Beds 3 Baths 1,820 sqft Built 2007

$235,000

List Price

$1,600

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $129.12
  • 3 Days on Market
  • MLS # : 1508273
  • Updated Date : 02/05/2021 at 18:30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,820 sqft
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams City-view

Listing Agent's Description

Well maintained 4 bedroom. 2.5 bath home located in Cul-de-sac within the established Braun Ridge Subdivision in Helotes. Covered front porch, solid wood door that opens to a ceramic tile entry leading into a spacious living room which includes an awesome brick fireplace. Home has 9ft ceilings and arched walk ways. All wet areas and kitchen floor consist of beautiful ceramic tile. Large Master Bedroom with spa-like bath, walk-in closet w/additional storage built in. Guest bed downstairs w/half bath. Backyard patio with privacy fenced yard.

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: West San Antonio

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $91k335k

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

Neighborhood: West San Antonio

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2900100011001200130014001500160017001800190020002100Rent in $8502191

* 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
Kuentz Elementary School Primary Regular 798 49 7
Jefferson Middle School Middle Regular 1,451 79 7
O'connor High School High Regular 3,094 173 8

Kuentz Elementary School

  • Education Level: Primary
  • # of students: 798
  • # of teachers: 49
7
GreatSchools Rating

Jefferson Middle School

  • Education Level: Middle
  • # of students: 1,451
  • # of teachers: 79
7
GreatSchools Rating

O'connor High School

  • Education Level: High
  • # of students: 3,094
  • # of teachers: 173
8
GreatSchools Rating
 

$211,500$258,500$235,000

PURCHASE PRICE

$1,440$1,760$1,600

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,600
EXPENSES Loan Payment -$816
Property Tax -$484
Property Insurance -$132
HOA -$10
Property Management Fees -$99
CASH FLOW
$59

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.

$235,000

PROJECTED PRICE

$1,600

PROJECTED RENT

0.68%

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-$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$68,025

INVESTMENT

$68,025

Down Payment
$58,750
Rehab Estimate
$5,750
Closing Costs
$3,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$816

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $58,750
Loan Amount $176,250
See What Happens When You Reinvest Cash Flow

4.25

YEARS SAVED

$9,154

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,600

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $1,561

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4003$1,5504$1,6005$1,695
$1,695
RENT COMPS ANALYSIS
  • 9811 Gotha Ranch Helotes, TX 4
    • 4 beds 3 baths ∙ 1,820 Sqft ∙ Built 2007 4 beds 3 baths ∙ 1,820 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.88
    •  
  • 9650 Barbwire San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,641 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,641 Sqft ∙ Built 1993
    property image
    LEASED 05/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.85
    •  
  • 10439 Corvey Ln Helotes, TX 2
    • 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,627 Sqft ∙ Built 2007
    property image
    LEASED 04/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.86
    •  
  • 10531 Weser Ln Helotes, TX 3
    • 4 beds 3 baths ∙ 1,820 Sqft ∙ Built 2006 4 beds 3 baths ∙ 1,820 Sqft ∙ Built 2006
    property image
    LEASED 11/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.85
    •  
  • 10107 Roseangel Lane Helotes, TX 5
    • 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2006 3 beds 3 baths ∙ 1,950 Sqft ∙ Built 2006
    property image
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.87
    •  
PROPERTY LISTING DETAILS
Jahda Longoria
1.210.315.3539
Keller Williams City-view
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1508273
Last Updated: 02/05/2021
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