10 CAP in 78250

10 Percent Return On Investment in Zip Code 78250

During the last 6 months of 2012 the sales and rent data in zip code 78250 indicates that a 10% ROI can be obtained if you purchase correctly. The data is based on single family detached and garden homes with 3 or more bedrooms and 2 or more bathrooms.

The median size of these homes was 1637 square feet.

The median sales price over that 6 months period in zip code 78250 was $118,000 and the median rent obtained was $1,100 per month.

Based on an investment loan value of $94,000 for 30 years and an interest rate of 4.5% the principal and interest would be approximately $476/month. The taxes were approximated at 2.659% with an annual insurance premium of $960. This would result in a monthly mortgage of $817 and a CAP rate of 10% after subtracting a 10% monthly management fee.

Data for these calculations was obtained from the San Antonio BOD MLS on 12/20/12 (6 months).

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