Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

9846 Jenson Pt San Antonio, TX 78251

3 Beds 3 Baths 1,698 sqft Built 1999

$195,000

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
February 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $114.84
  • 4 Days on Market
  • MLS # : 1507982
  • Updated Date : 02/04/2021 at 18:14
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,698 sqft
  • Baths : 2 full , 1 half
Listing Agent

Exp Realty Llc

Listing Agent's Description

This lovely Cul-de-sac home is looking for a new owner! Walk in and be welcomed by the spacious living area that is perfect for family movie nights. This home features an eat-in kitchen that has tons of counter space, separate dining room, French doors that lead outside to a large backyard, 3 spacious bedrooms and 2 1/2 bathrooms. The master suite is located upstairs with a walk-in closet and its own bathroom. NISD! Community Park & Pool! Come see this beauty!!

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: San Antonio Creekside

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: San Antonio Creekside

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28008509009501000105011001150120012501300135014001450Rent in $7561472

* 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
Raba Elementary School Primary Regular 787 53 8
Zachry Middle School Middle Regular 1,076 64 4
Warren High School High Regular 3,052 176 7

Raba Elementary School

  • Education Level: Primary
  • # of students: 787
  • # of teachers: 53
8
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
 

$175,500$214,500$195,000

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$677
Property Tax -$435
Property Insurance -$125
HOA -$20
Property Management Fees -$99
CASH FLOW
$133

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.

$195,000

PROJECTED PRICE

$1,490

PROJECTED RENT

0.76%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 7.1%
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$700k

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$57,425

INVESTMENT

$57,425

Down Payment
$48,750
Rehab Estimate
$5,750
Closing Costs
$2,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$677

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $48,750
Loan Amount $146,250
See What Happens When You Reinvest Cash Flow

5.75

YEARS SAVED

$12,963

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,490

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $1,486

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$1,325
1$1,3252$1,4453$1,4904$1,5255$1,545
$1,545
RENT COMPS ANALYSIS
  • 9846 Jenson Pt San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1999 3 beds 3 baths ∙ 1,698 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $1,490
    • $0.88
    •  
  • 5626 Camry Springs San Antonio, TX 1
    • 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,582 Sqft ∙ Built 1997
    LEASED 02/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.84
    •  
  • 9954 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 05/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,445
    • $0.85
    •  
  • 9943 Lauren Mist San Antonio, TX 4
    • 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 5
    • 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
    •  
PROPERTY LISTING DETAILS
Mario Victorica
1.210.618.2821
Exp Realty Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1507982
Last Updated: 02/04/2021
BESbswy