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2336 Stefani Street Anna, TX 75409

4 Beds 2 Baths 2,089 sqft Built 2019

$252,000

List Price

$1,820

$1.6K - $2K

Rent Est.

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $120.63
  • 3 Days on Market
  • MLS # : 14471047
  • Updated Date : 11/14/2020 at 11:44
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,089 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Realty Dpr

Listing Agent's Description

Barely lived in DR Horton single story home! Enjoy the HUGE backyard with plenty of room for play and to add a pool! You will love this open concept floorplan with lovely wide-plank vinyl laminate flooring featured from the entry through kitchen, living room and hallways. Large, uniquely-shaped island with seating and storage is offered in the kitchen with gorgeous granite counters, stone backsplash, beautiful cabinetry, SS appliances and tons of cabinet and counter space! Spacious primary bedroom with vaulted ceiling & fan and the bath has open shelving, great vanity space, tile flooring and over-sized shower. Secondary bedrooms are nice-sized and all have ceiling fans. Hurry...this one will not last long!

SEE MORE

MARKET HIGHLIGHTS

  • . 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

Zip Code: 75409

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $107k336k

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

Zip Code: 75409

ZipNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9042171

* 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
Anna High School High Regular 705 48 5

Anna High School

  • Education Level: High
  • # of students: 705
  • # of teachers: 48
5
GreatSchools Rating
 

$226,800$277,200$252,000

PURCHASE PRICE

$1,638$2,002$1,820

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,820
EXPENSES Loan Payment -$930
Property Tax -$507
Property Insurance -$148
HOA -$30
Property Management Fees -$99
CASH FLOW
$106

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$252,000

PROJECTED PRICE

$1,820

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 9.7%
Maintenance Year (1-5) 3.00%
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$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$68,780

INVESTMENT

$68,780

Down Payment
$63,000
Rehab Estimate
$2,000
Closing Costs
$3,780

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$930

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $63,000
Loan Amount $189,000
See What Happens When You Reinvest Cash Flow

6.67

YEARS SAVED

$24,133

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,820

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,823

    COMP ESTIMATED VALUE
  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,7953$1,8004$1,8205$1,850
$1,850
RENT COMPS ANALYSIS
  • 2336 Stefani Street Anna, TX 4
    • 4 beds 2 baths ∙ 2,089 Sqft ∙ Built 2019 4 beds 2 baths ∙ 2,089 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $1,820
    • $0.87
    •  
  • 336 Vernon Street Anna, TX 1
    • 4 beds 2 baths ∙ 1,894 Sqft ∙ Built 2014 4 beds 2 baths ∙ 1,894 Sqft ∙ Built 2014
    LEASED 03/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.84
    •  
  • 237 Cyrus Street Anna, TX 2
    • 4 beds 3 baths ∙ 2,143 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,143 Sqft ∙ Built 2017
    LEASED 02/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.84
    •  
  • 140 Aaron Street Anna, TX 3
    • 4 beds 3 baths ∙ 2,174 Sqft ∙ Built 2017 4 beds 3 baths ∙ 2,174 Sqft ∙ Built 2017
    LEASED 06/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.83
    •  
  • 2334 Triston Street Anna, TX 5
    • 4 beds 2 baths ∙ 1,892 Sqft ∙ Built 2017 4 beds 2 baths ∙ 1,892 Sqft ∙ Built 2017
    LEASED 09/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.98
    •  
PROPERTY LISTING DETAILS
Alicia Purser
Keller Williams Realty Dpr
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14471047
Last Updated: 11/14/2020
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