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14212 Cedar Post Drive Fort Worth, TX 76052

4 Beds 2 Baths 1,835 sqft Built 2005

$255,500

List Price

$1,730

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2005
  • Price/Sqft : $139.24
  • 3 Days on Market
  • MLS # : 14501198
  • Updated Date : 01/22/2021 at 15:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,835 sqft
  • Baths : 2 full
Listing Agent

Coldwell Banker Realty

Listing Agent's Description

SUPER HOME IN SENDERA RANCH! Warm neutral tones! Updated fixtures! Crown Molding! Split Bedrooms! Open Concept! Bay Windows! Vaulted Ceilings! 2 inch blinds! Front formal dining area functions prefect as a flex room or home office. Spacious kitchen includes an abundance of cabinet and counters-space, breakfast nook, breakfast bar and sleek black appliances. Large living space with a beautiful wood burning fireplace as the focal point. Covered patio in the private fenced backyard perfect for grilling out! Master suite features a garden tub, separate shower, dual sinks and huge walk in closet! Northwest ISD! Community park, pool and playgrounds! Close to HWY for easy commute to Downtown Fort Worth.

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 East

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320kPrice in $85k336k

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

Neighborhood: Sendera Ranch East

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100Rent in $10842171

* 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
Truett Wilson Middle School Middle Unknown 844 58 NA
Byron Nelson High School High Regular 2,552 147 8

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
 

$229,950$281,050$255,500

PURCHASE PRICE

$1,557$1,903$1,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,730
EXPENSES Loan Payment -$887
Property Tax -$586
Property Insurance -$133
HOA -$46
Property Management Fees -$99
CASH FLOW
-$21

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.

$255,500

PROJECTED PRICE

$1,730

PROJECTED RENT

0.68%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 9.0%
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$100k$200k$300k$400k$500k$600k$700k$800k$900k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$73,458

INVESTMENT

$73,458

Down Payment
$63,875
Rehab Estimate
$5,750
Closing Costs
$3,833

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$887

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $63,875
Loan Amount $191,625
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$8,812

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,730

    LIST RENT
  • $0.94

    LIST RENT PER SQFT
  • $1,711

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,6503$1,6954$1,7305$1,800
$1,800
RENT COMPS ANALYSIS
  • 14212 Cedar Post Drive Fort Worth, TX 4
    • 4 beds 2 baths ∙ 1,835 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,835 Sqft ∙ Built 2005
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,730
    • $0.94
    •  
  • 14120 Esperanza Drive Fort Worth, TX 1
    • 4 beds 2 baths ∙ 1,768 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,768 Sqft ∙ Built 2005
    property image
    LEASED 09/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.90
    •  
  • 14313 Cedar Post Drive Fort Worth, TX 2
    • 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,750 Sqft ∙ Built 2005
    property image
    LEASED 09/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.94
    •  
  • 728 Poncho Lane Fort Worth, TX 3
    • 4 beds 2 baths ∙ 1,764 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,764 Sqft ∙ Built 2006
    property image
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.96
    •  
  • 732 San Felipe Trail Fort Worth, TX 5
    • 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 2006 4 beds 2 baths ∙ 1,928 Sqft ∙ Built 2006
    property image
    LEASED 06/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.93
    •  
PROPERTY LISTING DETAILS
Sarah Braddock
Coldwell Banker Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14501198
Last Updated: 01/22/2021
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