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9911 Royal Hunt San Antonio, TX 78250

3 Beds 3 Baths 1,453 sqft Built 1982

$175,000

List Price

$1,300

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

December 05, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1982
  • Price/Sqft : $120.44
  • 2 Days on Market
  • MLS # : 1498298
  • Updated Date : 12/05/2020 at 20:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,453 sqft
  • Baths : 2 full , 1 half
Listing Agent

Jb Goodwin, Realtors

Listing Agent's Description

Beautiful, two story home, located on a large, private lot in the Northwest Area of San Antonio! This large lot features several mature trees, including a Live Oak, Fan-Tex Ash, Bur Oak, Red Oak, Maple Tree, Crepe Myrtles and a producing Mandarin Tree! The living area is open to the kitchen and centers around a beautiful wood burning fireplace and built in bookshelves. Nicely updated wood laminate in several areas of the house. The bedrooms are spacious with walk in closets. Relax in the backyard with plenty of space for outdoor entertaining and tons of privacy! The home also features french doors, a one year old roof, security system and high speed internet! Neighborhood amenities include a community pool, tennis courts, a clubhouse, park, playground and much more! Come and view this home located in the highly desired neighborhood of Northwest Crossing! A Must See!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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).

PRICE & RENT TRENDS

Neighborhood: Northwest Crossing

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $86k205k

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

Neighborhood: Northwest Crossing

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28008509009501000105011001150120012501300135014001450Rent in $7611472

* 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
Northwest Crossing Elementary School Primary Regular 613 43 7
Zachry Middle School Middle Regular 1,076 64 4
Taft High School High Regular 2,901 174 7

Northwest Crossing Elementary School

  • Education Level: Primary
  • # of students: 613
  • # of teachers: 43
7
GreatSchools Rating

Zachry Middle School

  • Education Level: Middle
  • # of students: 1,076
  • # of teachers: 64
4
GreatSchools Rating

Taft High School

  • Education Level: High
  • # of students: 2,901
  • # of teachers: 174
7
GreatSchools Rating
 

$157,500$192,500$175,000

PURCHASE PRICE

$1,170$1,430$1,300

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,300
EXPENSES Loan Payment -$646
Property Tax -$391
Property Insurance -$111
HOA -$21
Property Management Fees -$99
CASH FLOW
$33

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.

$175,000

PROJECTED PRICE

$1,300

PROJECTED RENT

0.74%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 6.8%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$52,125

INVESTMENT

$52,125

Down Payment
$43,750
Rehab Estimate
$5,750
Closing Costs
$2,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$646

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $43,750
Loan Amount $131,250
See What Happens When You Reinvest Cash Flow

3.92

YEARS SAVED

$6,995

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,300

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,293

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,150
1$1,1502$1,2753$1,3004$1,3005$1,400
$1,400
RENT COMPS ANALYSIS
  • 9911 Royal Hunt San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,453 Sqft ∙ Built 1982 3 beds 3 baths ∙ 1,453 Sqft ∙ Built 1982
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.89
    •  
  • 7627 Rimhurst San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,314 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,314 Sqft ∙ Built 1992
    LEASED 09/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.88
    •  
  • 7234 Enchanted Flame St San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,380 Sqft ∙ Built 1983
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,275
    • $0.92
    •  
  • 7262 Shadow Ridge San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,583 Sqft ∙ Built 1982 3 beds 3 baths ∙ 1,583 Sqft ∙ Built 1982
    LEASED 04/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,300
    • $0.82
    •  
  • 7642 Alverstone Way San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,496 Sqft ∙ Built 1993
    LEASED 11/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.94
    •  
PROPERTY LISTING DETAILS
Monique Briseno Brim
1.210.259.3331
Jb Goodwin, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1498298
Last Updated: 12/05/2020
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