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
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 2006
- Price/Sqft : $122.54
- 4 Days on Market
- MLS # : 14482455
- Updated Date : 12/12/2020 at 08:30
CONSTRUCTION
- Beds : 4
- Floor Size : 2,121 sqft
- Baths : 2 full
Listing Agent
Better Homes & Gardens, Winans
Listing Agent's Description
ALL OFFERS DUE Saturday Dec 12 by 7.00 p.m. This one owner, well-cared for home has been completely updated inside including new paint, wood look ceramic tile and granite countertops. Fireplace has gas logs. The master bath has separate tub and shower and dual sinks. If outdoors is your preference, you will love the oversized back yard, large covered wooden deck and mature trees (even a peach tree) roof replaced in 2016. This home sits on a cul-de-sac street that is quiet and private. Close to schools, park and highways. NWISD. Agent is related to seller. Buyer to verify all info contained in this listing. Including room sizes, square footage and schools Seller's warranty through Nations Home Warranty
SEE MORE
- . 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)
- 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)
PRICE & RENT TRENDS
Neighborhood: Sendera Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Sendera Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,910 |
| EXPENSES | Loan Payment | -$959 |
| Property Tax | -$596 | |
| Property Insurance | -$150 | |
| HOA | -$44 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$63
|
||
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.
$259,900
PROJECTED PRICE
$1,910
PROJECTED RENT
0.73%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$74,624
LOAN DETAILS
$959
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $64,975 |
| Loan Amount | $194,925 |
5.5
YEARS SAVED
$18,367
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,910
LIST RENT -
$0.9
LIST RENT PER SQFT
-
$1,898
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
14129 Dream River Trail Fort Worth, TX 5
- 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,121 Sqft ∙ Built 2006
- Rent
- Rent Per SQFT
- $1,910
- $0.90
-
14437 Artesia Court Fort Worth, TX 1
- 4 beds 2 baths ∙ 1,935 Sqft ∙ Built 2010 4 beds 2 baths ∙ 1,935 Sqft ∙ Built 2010
LEASED 10/08/20- Rent
- Rent Per SQFT
- $1,750
- $0.90
-
14016 Wrangler Way Fort Worth, TX 2
- 4 beds 2 baths ∙ 1,990 Sqft ∙ Built 2009 4 beds 2 baths ∙ 1,990 Sqft ∙ Built 2009
LEASED 12/03/20- Rent
- Rent Per SQFT
- $1,795
- $0.90
-
13425 Austin Stone Drive Fort Worth, TX 3
- 4 beds 2 baths ∙ 2,057 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,057 Sqft ∙ Built 2006
LEASED 04/14/20- Rent
- Rent Per SQFT
- $1,850
- $0.90
-
14029 Dream River Trail Fort Worth, TX 4
- 4 beds 2 baths ∙ 2,098 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,098 Sqft ∙ Built 2006
LEASED 11/20/20- Rent
- Rent Per SQFT
- $1,850
- $0.88
PROPERTY LISTING DETAILS
Better Homes & Gardens, Winans
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14482455
Last Updated: 12/12/2020
