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9935 Barhill Bay San Antonio, TX 78245

3 Beds 2 Baths 1,214 sqft Built 2006

$185,000

List Price

$1,120

$1K - $1.2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 04, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $152.39
  • 5 Days on Market
  • MLS # : 1512108
  • Updated Date : 03/04/2021 at 16:55
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,214 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Legacy

Listing Agent's Description

Professionally Cleaned and Move in ready for your family or your renter!! - Recently replaced roof, May 2020, Freshly painted February 2021, new modern colored flooring 2020, as well as new, clean front door and mulch! This home features 3 bedrooms - (1 being the middle room which does not have a closet, but does have a window and French doors.) This middle room could be used as a bedroom, office or nursery. Perfect for a family or to be used as a rental property if new owner decided to lease. It has a Brinks security system on the wall, not activated. 2 car garage to keep your vehicle safe and clean, mulch added February 2020. Appliances to stay, Staging towels and decorations do not convey. No pipes broken during the SA Freeze February 13-20th, 2021. Make sure you put your best foot forward with an offer on this gem as this price range is sure to move fast! Verify taxes, sq ft, (measurements), schools,

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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
Fisher Elementary School Primary Regular 866 58 6
Rayburn Middle School Middle Regular 978 73 4
John Jay High School High Regular 2,929 182 3

Fisher Elementary School

  • Education Level: Primary
  • # of students: 866
  • # of teachers: 58
6
GreatSchools Rating

Rayburn Middle School

  • Education Level: Middle
  • # of students: 978
  • # of teachers: 73
4
GreatSchools Rating

John Jay High School

  • Education Level: High
  • # of students: 2,929
  • # of teachers: 182
3
GreatSchools Rating
 

$166,500$203,500$185,000

PURCHASE PRICE

$1,008$1,232$1,120

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,120
EXPENSES Loan Payment -$643
Property Tax -$413
Property Insurance -$97
HOA -$11
Property Management Fees -$99
CASH FLOW
-$143

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.

$185,000

PROJECTED PRICE

$1,120

PROJECTED RENT

0.61%

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$54,775

INVESTMENT

$54,775

Down Payment
$46,250
Rehab Estimate
$5,750
Closing Costs
$2,775

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$643

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $46,250
Loan Amount $138,750
See What Happens When You Reinvest Cash Flow

0.5

YEARS SAVED

$295

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,120

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $1,117

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,120
1$1,1202$1,1953$1,2004$1,2255$1,270
$1,270
RENT COMPS ANALYSIS
  • 9935 Barhill Bay San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,214 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,214 Sqft ∙ Built 2006
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,120
    • $0.92
    •  
  • 9719 Crescent Moon San Antonio, TX 2
    • 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2006
    property image
    LEASED 09/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,195
    • $0.89
    •  
  • 9711 Green Mesa San Antonio, TX 3
    • 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,345 Sqft ∙ Built 2006
    property image
    LEASED 07/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.89
    •  
  • 10123 Dixon Wood San Antonio, TX 4
    • 3 beds 2 baths ∙ 1,289 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,289 Sqft ∙ Built 2009
    property image
    LEASED 06/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,225
    • $0.95
    •  
  • 9930 Sungate Park San Antonio, TX 5
    • 3 beds 2 baths ∙ 1,341 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,341 Sqft ∙ Built 2005
    property image
    LEASED 03/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,270
    • $0.95
    •  
PROPERTY LISTING DETAILS
Kimberly Klaus
1.210.496.9516
Keller Williams Legacy
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1512108
Last Updated: 03/04/2021
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