Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

14109 Rabbit Brush Lane Fort Worth, TX 76052

4 Beds 3 Baths 2,470 sqft Built 2016

$275,000

List Price

$2,110

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2016
  • Price/Sqft : $111.34
  • 4 Days on Market
  • MLS # : 14486746
  • Updated Date : 01/15/2021 at 10:59
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,470 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Realty

Listing Agent's Description

*OPEN HOUSE Saturday Jan. 16th from 12pm-3pm* Amazing home located in the friendly community of Sendera Ranch! This home has 4 bedrooms, 3 full baths, a study and large game room! The master bedroom and two secondary bedrooms are located downstairs and the 4th bedroom is located upstairs with a full bath right off the gameroom making it a great retreat for guests or older children. Kitchen offers granite counter tops, decorative backsplash, gas cooktop, and stainless steel appliances! Neighborhood amenities include rentable amenity centers, multiple sports fields, basketball court, concrete hockey rink, multiple parks, pools and miles of walking trails.

SEE MORE

MARKET HIGHLIGHTS

  • # 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)
  • 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)

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

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
 

$247,500$302,500$275,000

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$955
Property Tax -$630
Property Insurance -$170
HOA -$46
Property Management Fees -$99
CASH FLOW
$210

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.

$275,000

PROJECTED PRICE

$2,110

PROJECTED RENT

0.77%

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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,625

INVESTMENT

$78,625

Down Payment
$68,750
Rehab Estimate
$5,750
Closing Costs
$4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$955

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $68,750
Loan Amount $206,250
See What Happens When You Reinvest Cash Flow

7.83

YEARS SAVED

$28,323

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,110

    LIST RENT
  • $0.85

    LIST RENT PER SQFT
  • $2,093

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,850
1$1,8502$2,0503$2,0504$2,1005$2,110
$2,110
RENT COMPS ANALYSIS
  • 14109 Rabbit Brush Lane Fort Worth, TX 5
    • 4 beds 3 baths ∙ 2,470 Sqft ∙ Built 2016 4 beds 3 baths ∙ 2,470 Sqft ∙ Built 2016
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,110
    • $0.85
    •  
  • 14112 Cochise Drive Fort Worth, TX 1
    • 4 beds 3 baths ∙ 2,380 Sqft ∙ Built 2005 4 beds 3 baths ∙ 2,380 Sqft ∙ Built 2005
    property image
    LEASED 06/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.78
    •  
  • 14417 Artesia Court Fort Worth, TX 2
    • 4 beds 3 baths ∙ 2,358 Sqft ∙ Built 2010 4 beds 3 baths ∙ 2,358 Sqft ∙ Built 2010
    property image
    LEASED 11/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.87
    •  
  • 14320 Snaffle Bit Trail Fort Worth, TX 3
    • 3 beds 3 baths ∙ 2,419 Sqft ∙ Built 2009 3 beds 3 baths ∙ 2,419 Sqft ∙ Built 2009
    property image
    LEASED 11/04/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,050
    • $0.85
    •  
  • 14468 Cloudview Way Fort Worth, TX 4
    • 4 beds 3 baths ∙ 2,351 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,351 Sqft ∙ Built 2019
    property image
    LEASED 08/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.89
    •  
PROPERTY LISTING DETAILS
Kay Lopez
Keller Williams Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14486746
Last Updated: 01/15/2021
BESbswy