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9826 Raven Field Dr San Antonio, TX 78245

3 Beds 2 Baths 1,506 sqft Built 1993

$199,000

List Price

$1,270

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1993
  • Price/Sqft : $132.14
  • 3 Days on Market
  • MLS # : 1513873
  • Updated Date : 03/12/2021 at 18:52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,506 sqft
  • Baths : 2 full
Listing Agent

Premier Realty Group

Listing Agent's Description

This home is definitely in the right price range. Well kept and well updated. These sellers have taken pride and taking great care of their home. Go for a showing and see that this home has been home to a wonderful family. Make it home now for your family. This house knows how to be home. Brick on all sides. Updated Kitchen and bathrooms. Sellers Had the company Olshan Foundation company to come in and do some repairs and now has a Lifetime Warranty. Happy Viewing.

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*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

* 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
Michael Elementary School Primary Regular 828 52 3
Vale Middle School Middle Regular 1,349 78 5
Stevens High School High Regular 2,866 172 4

Michael Elementary School

  • Education Level: Primary
  • # of students: 828
  • # of teachers: 52
3
GreatSchools Rating

Vale Middle School

  • Education Level: Middle
  • # of students: 1,349
  • # of teachers: 78
5
GreatSchools Rating

Stevens High School

  • Education Level: High
  • # of students: 2,866
  • # of teachers: 172
4
GreatSchools Rating
 

$179,100$218,900$199,000

PURCHASE PRICE

$1,143$1,397$1,270

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,270
EXPENSES Loan Payment -$691
Property Tax -$444
Property Insurance -$114
Property Management Fees -$99
CASH FLOW
-$78

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.

$199,000

PROJECTED PRICE

$1,270

PROJECTED RENT

0.64%

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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$58,485

INVESTMENT

$58,485

Down Payment
$49,750
Rehab Estimate
$5,750
Closing Costs
$2,985

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$691

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $49,750
Loan Amount $149,250
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$1,626

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,270

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $1,269

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,250
1$1,2502$1,2703$1,2754$1,2795$1,400
$1,400
RENT COMPS ANALYSIS
  • 9826 Raven Field Dr San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,506 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,506 Sqft ∙ Built 1993
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,270
    • $0.84
    •  
  • 9827 Misty Plain Dr San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1990
    property image
    LEASED 03/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.79
    •  
  • 9814 Echo Plain Dr San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1992
    property image
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.85
    •  
  • 9743 Frost Plain Dr San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1996
    property image
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,279
    • $0.85
    •  
  • 2902 Broad Plain Dr San Antonio, TX 5
    • 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1993
    property image
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.88
    •  
PROPERTY LISTING DETAILS
Lionel Garcia
1.210.865.6345
Premier Realty Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1513873
Last Updated: 03/12/2021
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