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9838 Marbach Crest San Antonio, TX 78245

3 Beds 2 Baths 1,498 sqft Built 2019

$210,000

List Price

$1,270

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

January 28, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $140.19
  • 5 Days on Market
  • MLS # : 1506264
  • Updated Date : 01/27/2021 at 14:39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,498 sqft
  • Baths : 2 full
Listing Agent

The Horn Company Residental

Listing Agent's Description

Cozy 3 bedroom 2 bath 1 Story home ready for your family. Open floorplan with beautiful white cabinets along with granite kitchen counter tops, stainless refridgerator. Come by this cute home and this could be the one. Close to Lackland AFB, Seaworld, major hwys and Northside schools.

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: 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
Adams Hill Elementary School Primary Regular 580 43 4
Pease Middle School Middle Regular 1,139 73 4
Stevens High School High Regular 2,866 172 4

Adams Hill Elementary School

  • Education Level: Primary
  • # of students: 580
  • # of teachers: 43
4
GreatSchools Rating

Pease Middle School

  • Education Level: Middle
  • # of students: 1,139
  • # of teachers: 73
4
GreatSchools Rating

Stevens High School

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

$189,000$231,000$210,000

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 -$729
Property Tax -$469
Property Insurance -$114
HOA -$23
Property Management Fees -$99
CASH FLOW
-$164

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.

$210,000

PROJECTED PRICE

$1,270

PROJECTED RENT

0.60%

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-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k

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$61,400

INVESTMENT

$61,400

Down Payment
$52,500
Rehab Estimate
$5,750
Closing Costs
$3,150

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$729

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $52,500
Loan Amount $157,500
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$282

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
  • $0.85

    LIST RENT PER SQFT
  • $1,359

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,270
1$1,2702$1,2793$1,3504$1,3505$1,475
$1,475
RENT COMPS ANALYSIS
  • 9838 Marbach Crest San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 2019 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $1,270
    • $0.85
    •  
  • 9739 Green Mesa San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2006
    LEASED 03/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,279
    • $0.95
    •  
  • 1922 Marbach Woods San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,576 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,576 Sqft ∙ Built 2016
    LEASED 01/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.86
    •  
  • 1711 Shieldhall San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 2007 3 beds 2 baths ∙ 1,540 Sqft ∙ Built 2007
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.88
    •  
  • 9806 Marbach Cyn San Antonio, TX 5
    • 3 beds 3 baths ∙ 1,571 Sqft ∙ Built 2009 3 beds 3 baths ∙ 1,571 Sqft ∙ Built 2009
    LEASED 08/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.94
    •  
PROPERTY LISTING DETAILS
Mike Castillo
1.210.887.8736
The Horn Company Residental
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1506264
Last Updated: 01/27/2021
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