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3810 Pine Valley Lane Arlington, TX 76001

4 Beds 3 Baths 2,836 sqft Built 2018

INVESTimate

$399,900

List Price

$2,620

$2,370 - $2,870

Rent Est.

$432,052  ( +8.04%)   1 YR EST. FORECAST

PROPERTY INFO

August 26, 2020 RECENTLY ADDED
FACTS
  • Built In 2018
  • Price/Sqft : $141.01
  • 1 Days on Market
  • MLS # : 14421100
  • Updated Date : 08/26/2020 at 04:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,836 sqft
  • Baths : 3 full
Listing Agent

Virtual City Real Estate

Listing Agent's Description

Beautiful like new J Houston home in gated community ready for quick move-in. All bedrooms downstairs, gameroom, media, and full bathroom upstairs. Priced to sell fast! Buyer to verify schools and property measurements.

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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: 76001

ZipNIR Market*CityMarket2010Year20002019120k130k140k150k160k170k180k190k200k210k220k230k240kPrice in $117k243k

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

Zip Code: 76001

ZipNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800Rent in $10221821

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$359,910$439,890$399,900

PURCHASE PRICE

$2,358$2,882$2,620

RENT

DOWN PAYMENT
FINANCING

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-$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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,620
EXPENSES Loan Payment -$1,475
Property Tax -$866
Property Insurance -$191
HOA -$50
Property Management Fees -$99
CASH FLOW
-$61

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$399,900

PROJECTED PRICE

$2,620

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.78%
Appreciation Year (1-5) 8.04%
Maintenance Year (1-5) 8.00%
Vacancy 6.39%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,475

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$16,138

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,620

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $2,418

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$2,200
1$2,2002$2,2003$2,3504$2,3755$2,620
$2,620
RENT COMPS ANALYSIS
  • 3810 Pine Valley Lane Arlington, TX 5
    • 4 beds 3 baths ∙ 2,836 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,836 Sqft ∙ Built 2018
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,620
    • $0.92
    •  
  • 3519 Heatherbrook Drive Arlington, TX 1
    • 4 beds 2 baths ∙ 2,761 Sqft ∙ Built 1999 4 beds 2 baths ∙ 2,761 Sqft ∙ Built 1999
    property image
    LEASED 03/29/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.80
    •  
  • 2518 Cherry Sage Drive Arlington, TX 2
    • 4 beds 3 baths ∙ 2,640 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,640 Sqft ∙ Built 2014
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.83
    •  
  • 7207 Fallen Crest Lane Arlington, TX 3
    • 4 beds 3 baths ∙ 2,777 Sqft ∙ Built 2019 4 beds 3 baths ∙ 2,777 Sqft ∙ Built 2019
    property image
    LEASED 11/06/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.85
    •  
  • 5803 Mira Lago Lane Arlington, TX 4
    • 4 beds 3 baths ∙ 2,548 Sqft ∙ Built 2014 4 beds 3 baths ∙ 2,548 Sqft ∙ Built 2014
    property image
    LEASED 06/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,375
    • $0.93
    •  
PROPERTY LISTING DETAILS
Hilary Waters
Virtual City Real Estate
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14421100
Last Updated: 08/26/2020
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