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PROPERTY INFO
FACTS
- Single Family
- Built In 2021
- Price/Sqft : $179.04
- 2 Days on Market
- MLS # : 14518700
- Updated Date : 02/20/2021 at 14:00
CONSTRUCTION
- Beds : 4
- Floor Size : 1,999 sqft
- Baths : 2 full
Listing Agent
House & Home Real Estate, Llc
Listing Agent's Description
WYNDHAM CUSTOM HOMES! -STORY HOME!FRONT PORCH! 4 BEDROOM!B ACKS TO TREES NO MUD!NO PID! Charming spacious front porch entrance into a spacious and open home. ENGINEERED WOOD FLOORS flow through Entry, Family Room, Kitchen, Dining, Halls. BRIGHT KITCHEN w. WHITE SHAKER CABINETS w. contrasting island. EXOTIC VISCON WHITE GRANITE, CARRARA WHITE LANTERN BACKSPLASH, stainless WHIRPOOL appliances w. custom look slide-in range. MASTER BATH w. painted IRON ORE cabinets to contrast PATTERNED FLOOR TILE. Master closet connects to utility. FEATURES INCLUDE 10 ft. ceiling, 5 in. baseboards, full sod, full sprinkler, TechShield decking, PEX plumbing from attic, garage door opener and MORE! Minutes to NEW DHS CAMPUS!
SEE MORE
- 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
Zip Code: 76207
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 76207
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,790 |
| EXPENSES | Loan Payment | -$1,243 |
| Property Tax | -$712 | |
| Property Insurance | -$143 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$406
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$357,900
PROJECTED PRICE
$1,790
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.78% |
| Appreciation Year (1-5) | 8.6% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.39% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$96,844
LOAN DETAILS
$1,243
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $89,475 |
| Loan Amount | $268,425 |
0.33
YEARS SAVED
$206
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,790
LIST RENT -
$0.9
LIST RENT PER SQFT
-
$1,789
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
1404 Beall Denton, TX 5
- 4 beds 2 baths ∙ 1,999 Sqft ∙ Built 2021 4 beds 2 baths ∙ 1,999 Sqft ∙ Built 2021
- Rent
- Rent Per SQFT
- $1,790
- $0.90
-
3428 Crisoforo Drive Denton, TX 1
- 4 beds 3 baths ∙ 1,807 Sqft ∙ Built 2002 4 beds 3 baths ∙ 1,807 Sqft ∙ Built 2002
LEASED 03/03/20- Rent
- Rent Per SQFT
- $1,595
- $0.88
-
1605 W Hercules Lane Denton, TX 2
- 4 beds 2 baths ∙ 2,041 Sqft ∙ Built 2007 4 beds 2 baths ∙ 2,041 Sqft ∙ Built 2007
LEASED 10/07/20- Rent
- Rent Per SQFT
- $1,600
- $0.78
-
3448 Crisoforo Drive Denton, TX 3
- 4 beds 2 baths ∙ 1,826 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,826 Sqft ∙ Built 2004
LEASED 08/02/20- Rent
- Rent Per SQFT
- $1,750
- $0.96
-
3713 Beatriz Drive Denton, TX 4
- 4 beds 2 baths ∙ 1,826 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,826 Sqft ∙ Built 2006
LEASED 11/02/20- Rent
- Rent Per SQFT
- $1,750
- $0.96
PROPERTY LISTING DETAILS
House & Home Real Estate, Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14518700
Last Updated: 02/20/2021
