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9863 Twinbear Crk San Antonio, TX 78245

3 Beds 2 Baths 1,339 sqft Built 2013

$193,500

List Price

$1,220

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $144.51
  • 3 Days on Market
  • MLS # : 1507035
  • Updated Date : 01/29/2021 at 23:53
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,339 sqft
  • Baths : 2 full
Listing Agent

Era Colonial Real Estate

Listing Agent's Description

Nestled in Amber Creek, this recently updated single story gem will blow you away with it's functionality! Like new, this incredible home boasts 3 bedrooms, 2 full bathrooms, and study with an open floor plan. Oversized master bedroom, with private bath and two additional split bedrooms, two car garage, storage shed in the back yard, this is a great starter home for everyone!! Easy access to 90 and 1604, you will not find a better deal at this price! Come see it today!

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
Kriewald Rd Elementary School Primary Regular 585 35 6
Francis R. Scobee Middle School Middle Regular 968 59 4
Southwest High School High Regular 3,545 195 3

Kriewald Rd Elementary School

  • Education Level: Primary
  • # of students: 585
  • # of teachers: 35
6
GreatSchools Rating

Francis R. Scobee Middle School

  • Education Level: Middle
  • # of students: 968
  • # of teachers: 59
4
GreatSchools Rating

Southwest High School

  • Education Level: High
  • # of students: 3,545
  • # of teachers: 195
3
GreatSchools Rating
 

$174,150$212,850$193,500

PURCHASE PRICE

$1,098$1,342$1,220

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,220
EXPENSES Loan Payment -$672
Property Tax -$432
Property Insurance -$104
HOA -$25
Property Management Fees -$99
CASH FLOW
-$112

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.

$193,500

PROJECTED PRICE

$1,220

PROJECTED RENT

0.63%

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

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$57,028

INVESTMENT

$57,028

Down Payment
$48,375
Rehab Estimate
$5,750
Closing Costs
$2,903

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$672

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $48,375
Loan Amount $145,125
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$736

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,220

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $1,208

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,175
1$1,1752$1,2203$1,3004$1,3495$1,400
$1,400
RENT COMPS ANALYSIS
  • 9863 Twinbear Crk San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,339 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,339 Sqft ∙ Built 2013
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,220
    • $0.91
    •  
  • 3704 Farallon Isle San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2005
    property image
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,175
    • $0.87
    •  
  • 4414 Olympus Bay San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,428 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,428 Sqft ∙ Built 2017
    property image
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.91
    •  
  • 9822 Vandenberg Way San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,459 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,459 Sqft ∙ Built 2008
    property image
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,349
    • $0.92
    •  
  • 9827 Placid Bay San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,535 Sqft ∙ Built 2009
    property image
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.91
    •  
PROPERTY LISTING DETAILS
Chad Hughes
1.210.884.9938
Era Colonial Real Estate
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1507035
Last Updated: 01/29/2021
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