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320 Eagles Crest Drive Sunnyvale, TX 75182

4 Beds 6 Baths 4,457 sqft Built 2007

$559,990

List Price

$3,340

$3.1K - $3.6K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 2007
  • Price/Sqft : $125.64
  • 3 Days on Market
  • MLS # : 14466499
  • Updated Date : 11/06/2020 at 11:56
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,457 sqft
  • Baths : 4 full , 2 half
Listing Agent

Epps Realty, Llc

Listing Agent's Description

PARKVIEW CUSTOM HOME WITH NO DETAIL SPARED! This home was made to ENTERTAIN! Open living & kitchen, island & breakfast bar, 2 large dining spaces, upstairs with media room, gameroom, and wet bar. Spacious rooms, hardwood floors, plantation shutters throughout, custom cabinets, & storage galore. Master suite with his & her vanities, granite tops, walk in shower, soaking tub, & WIC with built in dressers. Additional guest bedrooms all feature private ensuite baths and WIC's. The custom floorplan offers a split level study that rest on the landing of the iron detailed staircase & a walk in 1st floor storage. After a long day relax outdoors in the hot tub or take a stroll along one of the best streets in Sunnyvale!

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

Neighborhood: Sunnyvale

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $123k474k

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

Neighborhood: Sunnyvale

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200140016001800200022002400260028003000Rent in $11263194

* 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
Sunnyvale Elementary School Primary Regular 596 34 8
Sunnyvale Middle School Middle Regular 480 28 8
Sunnyvale High School High Regular 442 34 7

Sunnyvale Elementary School

  • Education Level: Primary
  • # of students: 596
  • # of teachers: 34
8
GreatSchools Rating

Sunnyvale Middle School

  • Education Level: Middle
  • # of students: 480
  • # of teachers: 28
8
GreatSchools Rating

Sunnyvale High School

  • Education Level: High
  • # of students: 442
  • # of teachers: 34
7
GreatSchools Rating
 

$503,991$615,989$559,990

PURCHASE PRICE

$3,006$3,674$3,340

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,340
EXPENSES Loan Payment -$2,066
Property Tax -$1,208
Property Insurance -$285
HOA -$58
Property Management Fees -$99
CASH FLOW
-$377

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.

$559,990

PROJECTED PRICE

$3,340

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 5.0%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$154,147

INVESTMENT

$154,147

Down Payment
$139,998
Rehab Estimate
$5,750
Closing Costs
$8,400

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$2,066

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $139,998
Loan Amount $419,993
See What Happens When You Reinvest Cash Flow

1.42

YEARS SAVED

$5,344

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,340

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $3,588

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$3,340
1$3,3402$3,5003$3,775
$3,775
RENT COMPS ANALYSIS
  • 320 Eagles Crest Drive Sunnyvale, TX 1
    • 4 beds 6 baths ∙ 4,457 Sqft ∙ Built 2007 4 beds 6 baths ∙ 4,457 Sqft ∙ Built 2007
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,340
    • $0.75
    •  
  • 381 Vista Park Drive Sunnyvale, TX 2
    • 5 beds 5 baths ∙ 4,547 Sqft ∙ Built 2007 5 beds 5 baths ∙ 4,547 Sqft ∙ Built 2007
    property image
    LEASED 06/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,500
    • $0.77
    •  
  • 304 Highpoint Sunnyvale, TX 3
    • 4 beds 4 baths ∙ 4,489 Sqft ∙ Built 2007 4 beds 4 baths ∙ 4,489 Sqft ∙ Built 2007
    property image
    LEASED 09/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,775
    • $0.84
    •  
PROPERTY LISTING DETAILS
Sara Cullen
Epps Realty, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14466499
Last Updated: 11/06/2020
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