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360 Marble Creek Court Sunnyvale, TX 75182

4 Beds 3 Baths 2,679 sqft Built 2014

$475,000

List Price

$2,260

$2K - $2.5K

Rent Est.

PROPERTY INFO

February 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2014
  • Price/Sqft : $177.30
  • 2 Days on Market
  • MLS # : 14512730
  • Updated Date : 02/06/2021 at 13:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,679 sqft
  • Baths : 2 full , 1 half
Listing Agent

Sawyer Realty Group

Listing Agent's Description

Beautiful 4 bed 2 and half bath home in desired Sunnyvale on a great Lot ! Open Living and Kitchen area with plenty of room for entertaining. All bedrooms and a study are downstairs and with extra living or media room upstairs. Kitchen has SS appliances with huge island. Wood flooring, carpet in bedrooms, tile in baths and kitchen. Great size backyard with Covered patio.

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: 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 High School High Regular 442 34 7

Sunnyvale Elementary School

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

Sunnyvale High School

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

$427,500$522,500$475,000

PURCHASE PRICE

$2,034$2,486$2,260

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,260
EXPENSES Loan Payment -$1,650
Property Tax -$1,025
Property Insurance -$182
HOA -$76
Property Management Fees -$99
CASH FLOW
-$772

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.

$475,000

PROJECTED PRICE

$2,260

PROJECTED RENT

0.48%

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

PROJECTED ANNUAL CASH FLOW

11530-$16k-$14k-$12k-$10k-$8.0k-$6.0k-$4.0k-$2.0k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$131,625

INVESTMENT

$131,625

Down Payment
$118,750
Rehab Estimate
$5,750
Closing Costs
$7,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 100% down payment or higher enables the proceeds from the asset to cover all costs.

$1,650

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $118,750
Loan Amount $356,250
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$12

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,260

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $2,233

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$1,9953$2,2604$2,650
$2,650
RENT COMPS ANALYSIS
  • 360 Marble Creek Court Sunnyvale, TX 3
    • 4 beds 3 baths ∙ 2,679 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,679 Sqft ∙ Built 2014
    • Rent
    • Rent Per SQFT
    •  
    • $2,260
    • $0.84
    •  
  • 5833 Macgregor Drive Garland, TX 1
    • 3 beds 3 baths ∙ 2,400 Sqft ∙ Built 2005 3 beds 3 baths ∙ 2,400 Sqft ∙ Built 2005
    LEASED 02/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.81
    •  
  • 4500 Blue Mesa Lane Mesquite, TX 2
    • 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,591 Sqft ∙ Built 2003
    LEASED 04/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.77
    •  
  • 285 Ashwood Lane Sunnyvale, TX 4
    • 4 beds 2 baths ∙ 2,886 Sqft ∙ Built 2002 4 beds 2 baths ∙ 2,886 Sqft ∙ Built 2002
    LEASED 08/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $0.92
    •  
PROPERTY LISTING DETAILS
Cole Sawyer
Sawyer Realty Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14512730
Last Updated: 02/06/2021
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