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9978 Hawksbill Peak San Antonio, TX 78245

4 Beds 2 Baths 1,964 sqft Built 2006

$199,998

List Price

$1,320

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

February 03, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $101.83
  • 5 Days on Market
  • MLS # : 1507669
  • Updated Date : 02/03/2021 at 06:13
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,964 sqft
  • Baths : 2 full
Listing Agent

Icon Realty

Listing Agent's Description

4 bedrooms updated, One bedroom downstairs and 3 bedrooms and game room upstairs. Fresh paint inside out, new title, new carpet, new stainless steel appliance, new 2 inches faux wood mini blind, new grass from of the house, new fence, close to Lackland air force base. very clean and move in ready.

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: 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
 

$179,998$219,998$199,998

PURCHASE PRICE

$1,188$1,452$1,320

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,320
EXPENSES Loan Payment -$695
Property Tax -$446
Property Insurance -$140
HOA -$11
Property Management Fees -$99
CASH FLOW
-$72

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.

$199,998

PROJECTED PRICE

$1,320

PROJECTED RENT

0.66%

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$6.0k

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$58,749

INVESTMENT

$58,749

Down Payment
$50,000
Rehab Estimate
$5,750
Closing Costs
$3,000

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$695

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $50,000
Loan Amount $149,999
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$1,647

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,320

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • $1,434

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,320
1$1,3202$1,3503$1,3754$1,3755$1,395
$1,395
RENT COMPS ANALYSIS
  • 9978 Hawksbill Peak San Antonio, TX 1
    • 4 beds 2 baths ∙ 1,964 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,964 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,320
    • $0.67
    •  
  • 9903 Carswell Peak San Antonio, TX 2
    • 3 beds 3 baths ∙ 1,884 Sqft ∙ Built 2007 3 beds 3 baths ∙ 1,884 Sqft ∙ Built 2007
    LEASED 06/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.72
    •  
  • 9939 Misty Plain Dr San Antonio, TX 3
    • 3 beds 3 baths ∙ 1,812 Sqft ∙ Built 1992 3 beds 3 baths ∙ 1,812 Sqft ∙ Built 1992
    LEASED 08/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.76
    •  
  • 10138 Emerald Sun San Antonio, TX 4
    • 3 beds 3 baths ∙ 1,879 Sqft ∙ Built 2008 3 beds 3 baths ∙ 1,879 Sqft ∙ Built 2008
    LEASED 01/04/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.73
    •  
  • 3114 Edison Crest San Antonio, TX 5
    • 4 beds 2 baths ∙ 1,956 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,956 Sqft ∙ Built 2004
    LEASED 03/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.71
    •  
PROPERTY LISTING DETAILS
Yousef Alzubi
1.210.449.5772
Icon Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1507669
Last Updated: 02/03/2021
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