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1208 Beau Jake Court Fort Worth, TX 76052

5 Beds 4 Baths 3,466 sqft Built 2007

$415,000

List Price

$2,690

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $119.73
  • 3 Days on Market
  • MLS # : 14531725
  • Updated Date : 03/13/2021 at 21:35
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,466 sqft
  • Baths : 3 full , 1 half
Listing Agent

Indwell

Listing Agent's Description

Immaculate 5 bed, 3.5 bath home in highly sought Sendera Ranch! Located on an oversized cul de sac lot just minutes from exemplary Northwest ISD schools, community pools, parks, trails, hwy access, shopping & entertainment! Working from home? Check out the private home office flooded with natural light or work from the stunning library boasting wall-to-wall shelving & custom ceiling. The spacious floor plan offers a 1st floor primary suite, 2 dining areas, & an open concept great room with views of the extended outdoor living space. The island kitchen features granite, ss appliances, & a butler pantry. Upstairs you'll find 4 lg bedrooms, 1 wired for surround sound, an additional living area & 2 full bathrooms.

SEE MORE

MARKET HIGHLIGHTS

  • Dallas metro contributes to 31.9%% of Texas state economy i.e. Gross State Product (USMayors.org, 2018)
  • Dallas metro has 67.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
  • # 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)
  • Dallas metro's economy is worth $579 billion in Gross Metro Product and projected to grow to $613 billion in 2019 (USMayors.org, 2018)
  • Home to 20 Fortune 500 headquarters, 39 Fortune 1000 headquarters and 12 of Forbes' top private companies (Fortune)

PRICE & RENT TRENDS

Neighborhood: Sendera Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $100k336k

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

Neighborhood: Sendera Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100Rent in $11262171

* 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
Sendera Ranch Elementary School Primary Regular 599 37 8
Truett Wilson Middle School Middle Unknown 844 58 NA
Byron Nelson High School High Regular 2,552 147 8

Sendera Ranch Elementary School

  • Education Level: Primary
  • # of students: 599
  • # of teachers: 37
8
GreatSchools Rating

Truett Wilson Middle School

  • Education Level: Middle
  • # of students: 844
  • # of teachers: 58
NA
GreatSchools Rating

Byron Nelson High School

  • Education Level: High
  • # of students: 2,552
  • # of teachers: 147
8
GreatSchools Rating
 

$373,500$456,500$415,000

PURCHASE PRICE

$2,421$2,959$2,690

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,690
EXPENSES Loan Payment -$1,441
Property Tax -$951
Property Insurance -$227
HOA -$46
Property Management Fees -$99
CASH FLOW
-$75

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$415,000

PROJECTED PRICE

$2,690

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.93%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$115,725

INVESTMENT

$115,725

Down Payment
$103,750
Rehab Estimate
$5,750
Closing Costs
$6,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,441

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $103,750
Loan Amount $311,250
See What Happens When You Reinvest Cash Flow

3.25

YEARS SAVED

$11,433

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,690

    LIST RENT
  • $0.78

    LIST RENT PER SQFT
  • $2,692

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$2,500
1$2,5002$2,5003$2,6904$2,800
$2,800
RENT COMPS ANALYSIS
  • 1208 Beau Jake Court Fort Worth, TX 3
    • 5 beds 4 baths ∙ 3,466 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,466 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,690
    • $0.78
    •  
  • 13633 Saddlewood Drive Fort Worth, TX 1
    • 5 beds 4 baths ∙ 3,477 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,477 Sqft ∙ Built 2007
    property image
    LEASED 03/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.72
    •  
  • 13716 Ranch Horse Run Fort Worth, TX 2
    • 4 beds 3 baths ∙ 3,337 Sqft ∙ Built 2006 4 beds 3 baths ∙ 3,337 Sqft ∙ Built 2006
    property image
    LEASED 02/25/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.75
    •  
  • 1140 Bridle Latch Drive Fort Worth, TX 4
    • 5 beds 4 baths ∙ 3,256 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,256 Sqft ∙ Built 2006
    property image
    LEASED 08/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $0.86
    •  
PROPERTY LISTING DETAILS
Melany Lubash
Indwell
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14531725
Last Updated: 03/13/2021
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