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1813 Canvasback 
Aubrey, TX
76227
3 Beds 2 Baths 1,703 sqft
Built 2005
INVESTimate
$240,000
List Price
$69,350
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PROPERTY INFO
FACTS
- Built In 2005
- Price/Sqft : $140.93
- 2 Days on Market
- MLS # : 14420454
- Updated Date : 08/25/2020 at 22:00
CONSTRUCTION
- Beds : 3
- Floor Size : 1,703 sqft
- Baths : 2 full
Listing Agent
Virtual City Real Estate
Listing Agent's Description
Gorgeous 1 story in Paloma Creek ready for quick move-in! Large kitchen w' lots of cabinet & counter space, stainless steel appliances & bar seating open to the spacious family room w'wood look flooring. The refrigerator can stay! Bedrooms are split w' private master & en-suite bath. Secondary bedrooms are roomy, bright, & spotless. Covered patio to enjoy the backyard. Wonderful neighborhood featuring parks, playgrounds, swimming pools, amenity centers, clubhouse, greenbelt jogging trail and much more. Conveniently located walking distance to schools. Great for property for the first time homebuyer! Schedule a private tour today. Won't last long!
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: Paloma Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Paloma Creek
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,640 |
| EXPENSES | Loan Payment | -$886 |
| Property Tax | -$473 | |
| Property Insurance | -$126 | |
| HOA | -$45 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
$12
|
||
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.
$240,000
PROJECTED PRICE
$1,640
PROJECTED RENT
0.68%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.94% |
| Appreciation Year (1-5) | 7.71% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.93% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$69,350
LOAN DETAILS
$886
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $60,000 |
| Loan Amount | $180,000 |
4.83
YEARS SAVED
$13,957
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,640
LIST RENT -
$0.96
LIST RENT PER SQFT
-
$1,643
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
-
1813 Canvasback Aubrey, TX 3
- 3 beds 2 baths ∙ 1,703 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,703 Sqft ∙ Built 2005
![property image]()
- Rent
- Rent Per SQFT
- $1,640
- $0.96
-
1720 Canvasback Aubrey, TX 1
- 3 beds 2 baths ∙ 1,556 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,556 Sqft ∙ Built 2008
![property image]()
LEASED 04/06/20- Rent
- Rent Per SQFT
- $1,550
- $1.00
-
1821 Canvasback Aubrey, TX 2
- 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 2004
![property image]()
LEASED 03/31/20- Rent
- Rent Per SQFT
- $1,600
- $0.90
-
1833 Canvasback Aubrey, TX 4
- 3 beds 2 baths ∙ 1,658 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,658 Sqft ∙ Built 2004
![property image]()
LEASED 07/22/20- Rent
- Rent Per SQFT
- $1,650
- $1.00
-
1901 Morning Dove Aubrey, TX 5
- 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,777 Sqft ∙ Built 2004
![property image]()
LEASED 04/06/20- Rent
- Rent Per SQFT
- $1,700
- $0.96
PROPERTY LISTING DETAILS
Virtual City Real Estate
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14420454
Last Updated: 08/25/2020
