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14949 Gentry Drive Aledo, TX 76008

4 Beds 3 Baths 2,370 sqft Built 2018

$359,000

List Price

$2,190

$2K - $2.4K

Rent Est.

$100,885

Investment Est.

AVAILABLE

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AVAILABLE

1 Year
(+4.5%)
1 YR. PROJ. APPRECIATION


Cap Rate	2.3%
Cash Flow	-$3,672
Value Increase	$16,341

10 YEAR

Cash On Cash	-6.2%
Total Return	6.7%

PROPERTY INFO

November 27, 2020 RECENTLY ADDED

FACTS

Single Family
Built In 2018
Price/Sqft : $151.48
3 Days on Market
MLS # : 14476780
Updated Date : 11/27/2020 at 18:00

CONSTRUCTION

Beds : 4
Floor Size : 2,370 sqft
Baths : 3 full

Listing Agent

Listing Spark

Listing Agent's Description

Great Subdivision offers community pool, playground, walking trails. The house is a 4-3-2 that is two years old. Hardwood floors in most of the house. Open concept for the living and dining spaces, large walk in closet in the master bedroom. The house is move in ready!

1 of 25 X

MARKET HIGHLIGHTS

Dallas Market Report

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)

Neighborhood: Lakewood

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

Neighborhood: Lakewood

* 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
Mcanally Intermediate School	Primary	Regular	785	43	7
Aledo Middle School	Middle	Regular	804	47	9
Aledo High School	High	Regular	1,193	72	7

Mcanally Intermediate School

Education Level: Primary
# of students: 785
# of teachers: 43

GreatSchools Rating

Aledo Middle School

Education Level: Middle
# of students: 804
# of teachers: 47

GreatSchools Rating

Aledo High School

Education Level: High
# of students: 1,193
# of teachers: 72

GreatSchools Rating

FINANCIALS

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$323,100$394,90000$359,000

PURCHASE PRICE

$1,971$2,40900$2,190

RENT

DOWN PAYMENT

FINANCING

OFF ON

Acquisition Concierge

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PROPERTY

Expense Inflation	%
Vacancy	%
Length of Stay
Expense Inflation	%
Vacancy	%
Length of Stay

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (6+)

Appreciation	%
Rental Growth	%
Maintenance	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

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FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME	Rent	$2,190
EXPENSES	Loan Payment	-$1,325
	Property Tax	-$832
	Property Insurance	-$164
	HOA	-$77
	Property Management Fees	-$99



CASH FLOW -$306

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.

$359,000

PROJECTED PRICE

$2,190

PROJECTED RENT

0.61%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS
Expense Inflation	2.50%
Rental Growth Year (1-5)	3.94%
Appreciation Year (1-5)	4.5%
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

Tenant Turnover

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

Appreciation
Principal
Loan Balance

TOTAL CASH OUT OF POCKET

INVESTMENT

$100,885

Down Payment	$89,750
Rehab Estimate	$5,750
Closing Costs	$5,385

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,325

MONTHLY LOAN PAYMENT

30 yr

4.25%

25.00%

Down Payment

Term	30 Years
Interest	4.25%
Down Payment	$89,750
Loan Amount	$269,250

See What Happens When You Reinvest Cash Flow

0.83

YEARS SAVED

$1,607

INTEREST SAVED

CASH FLOW REINVESTMENT

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

$2,190
LIST RENT
$0.92
LIST RENT PER SQFT

$2,512
COMP ESTIMATED VALUE
$1.06
COMP AVG. RENT PER SQFT

Comps Range

$2,190

1$2,1902$2,3503$2,4004$2,5005$2,600

$2,600

RENT COMPS ANALYSIS

2,370
PROPERTY SQFT
$1.06
AVG RENT PER SQFT
$2,512
ESTIMATED VALUE
$2,190
LIST RENT

14949 Gentry Drive Aledo, TX 4

4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2018
Price

Price Per SQFT

$359,000

$151.48
15133 Stargazer Drive Aledo, TX 1

4 beds 3 baths ∙ 2,490 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,490 Sqft ∙ Built 2020
SOLD 11/24/20
Price

Price Per SQFT

$314,087

$126.14
15124 Belclaire Avenue Aledo, TX 2

4 beds 3 baths ∙ 2,490 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,490 Sqft ∙ Built 2020
SOLD 08/30/20
Price

Price Per SQFT

$322,954

$129.70
2028 Barbette Street Fort Worth, TX 3

4 beds 4 baths ∙ 2,502 Sqft ∙ Built 2020 4 beds 4 baths ∙ 2,502 Sqft ∙ Built 2020
SOLD 08/31/20
Price

Price Per SQFT

$350,000

$139.89
14832 Blakely Aledo, TX 5

4 beds 3 baths ∙ 2,519 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,519 Sqft ∙ Built 2020
SOLD 06/05/20
Price

Price Per SQFT

$375,000

$148.87

14949 Gentry Drive Aledo, TX 1

4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,370 Sqft ∙ Built 2018
Rent

Rent Per SQFT

$2,190

$0.92
604 Ardath Road Aledo, TX 2

3 beds 2 baths ∙ 2,334 Sqft ∙ Built 2018 3 beds 2 baths ∙ 2,334 Sqft ∙ Built 2018
LEASED 09/22/20
Rent

Rent Per SQFT

$2,350

$1.01
15116 Roderick Road Aledo, TX 3

4 beds 3 baths ∙ 2,402 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,402 Sqft ∙ Built 2017
LEASED 09/04/20
Rent

Rent Per SQFT

$2,400

$1.00
15017 Teasley Avenue Aledo, TX 4

3 beds 3 baths ∙ 2,244 Sqft ∙ Built 2017 3 beds 3 baths ∙ 2,244 Sqft ∙ Built 2017
LEASED 01/24/20
Rent

Rent Per SQFT

$2,500

$1.11
14925 Belclaire Avenue Aledo, TX 5

3 beds 2 baths ∙ 2,317 Sqft ∙ Built 2018 3 beds 2 baths ∙ 2,317 Sqft ∙ Built 2018
LEASED 08/04/20
Rent

Rent Per SQFT

$2,600

$1.12

PROPERTY LISTING DETAILS

Aaron Jistel
Listing Spark

Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027

North Texas Real Estate Information Services ( NTREIS)
MLS #: 14476780
Last Updated: 11/27/2020

14949 Gentry Drive Aledo, TX 76008

$359,000

$2,190

$100,885

REQUEST INFO

PROPERTY INFO

FACTS

CONSTRUCTION

Listing Agent

Listing Agent's Description

MARKET HIGHLIGHTS

PRICE & RENT TRENDS

SCHOOLS

Mcanally Intermediate School

Aledo Middle School

Aledo High School

FINANCIALS

$323,100$394,90000$359,000

$1,971$2,40900$2,190

Acquisition Concierge

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

$359,000

$2,190

0.61%

PROJECTED ACCUMULATED WEALTH

PROJECTED ANNUAL CASH FLOW

PROJECTED PROPERTY VALUE

TOTAL CASH OUT OF POCKET

INVESTMENT

LOAN DETAILS

25%

$1,325

0.83

$1,607

$359,000

$151.48

$322,676

$136.15

COMPS RANGE

PRICE COMPS ANALYSIS

$2,190

$0.92

$2,512

$1.06

Comps Range

RENT COMPS ANALYSIS

PROPERTY LISTING DETAILS