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5727 Sky Country St San Antonio, TX 78247

3 Beds 2 Baths 2,141 sqft Built 1977

$265,000

List Price

$1,590

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
July 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1977
  • Price/Sqft : $123.77
  • 2 Days on Market
  • MLS # : 1545104
  • Updated Date : 07/12/2021 at 19:09
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,141 sqft
  • Baths : 2 full
Listing Agent

Texas Premier Realty

Listing Agent's Description

Its time to relax by the pool and the spa this summer! This charming home is ready for new owners, the open floor plan allows for plenty of room to gather with friends and family. The added bonus is the sunroom/office that welcomes you with sunshine. It is the perfect place to sit, relax, read a book or simply work from home. The double sided fireplace connects the sunroom and the living room creating a cohesive space for all to enjoy. It is a must see! The home sits on an oversized lot with plenty of room for children and/or the fur babies to run around. You'll love the charm of this established neighborhood and the piece de resistance is that there is NO HOA! It won't last long, schedule a showing 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: Hill Country

NeighborhoodNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $84k205k

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

Neighborhood: Hill Country

NeighborhoodNIR Market*CityMarket2010Year20002019 Q28509009501000105011001150120012501300135014001450Rent in $8451472

* 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
Fox Run Elementary School Primary Regular 834 52 8
Wood Middle School Middle Regular 1,042 65 4
Madison High School High Regular 3,364 190 5

Fox Run Elementary School

  • Education Level: Primary
  • # of students: 834
  • # of teachers: 52
8
GreatSchools Rating

Wood Middle School

  • Education Level: Middle
  • # of students: 1,042
  • # of teachers: 65
4
GreatSchools Rating

Madison High School

  • Education Level: High
  • # of students: 3,364
  • # of teachers: 190
5
GreatSchools Rating
 

$238,500$291,500$265,000

PURCHASE PRICE

$1,431$1,749$1,590

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,590
EXPENSES Loan Payment -$920
Property Tax -$592
Property Insurance -$151
Property Management Fees -$99
CASH FLOW
-$172

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.

$265,000

PROJECTED PRICE

$1,590

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.41%
Appreciation Year (1-5) 8.2%
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$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$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$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$75,975

INVESTMENT

$75,975

Down Payment
$66,250
Rehab Estimate
$5,750
Closing Costs
$3,975

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$920

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,250
Loan Amount $198,750
See What Happens When You Reinvest Cash Flow

0.58

YEARS SAVED

$727

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,590

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $1,734

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$1,495
1$1,4952$1,5903$1,6004$1,6005$2,000
$2,000
RENT COMPS ANALYSIS
  • 5727 Sky Country St San Antonio, TX 2
    • 3 beds 2 baths ∙ 2,141 Sqft ∙ Built 1977 3 beds 2 baths ∙ 2,141 Sqft ∙ Built 1977
    • Rent
    • Rent Per SQFT
    •  
    • $1,590
    • $0.74
    •  
  • 5811 Creekway St San Antonio, TX 1
    • 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 1995 3 beds 2 baths ∙ 1,854 Sqft ∙ Built 1995
    LEASED 07/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.81
    •  
  • 6322 Fox Head St San Antonio, TX 3
    • 4 beds 2 baths ∙ 2,133 Sqft ∙ Built 1979 4 beds 2 baths ∙ 2,133 Sqft ∙ Built 1979
    LEASED 09/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.75
    •  
  • 5642 Misty Glen San Antonio, TX 4
    • 4 beds 2 baths ∙ 1,968 Sqft ∙ Built 1982 4 beds 2 baths ∙ 1,968 Sqft ∙ Built 1982
    LEASED 12/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.81
    •  
  • 5710 Echoway St San Antonio, TX 5
    • 4 beds 3 baths ∙ 2,286 Sqft ∙ Built 1976 4 beds 3 baths ∙ 2,286 Sqft ∙ Built 1976
    LEASED 01/07/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.87
    •  
PROPERTY LISTING DETAILS
Melissa Izaguirre
1.210.717.9550
Texas Premier Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
San Antonio Board of Realtors ( SABOR)
MLS #: 1545104
Last Updated: 07/12/2021
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