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PROPERTY INFO
FACTS
- Single Family
- Built In 2011
- Price/Sqft : $162.75
- 3 Days on Market
- MLS # : 14491125
- Updated Date : 01/01/2021 at 20:00
CONSTRUCTION
- Beds : 3
- Floor Size : 2,083 sqft
- Baths : 2 full
Listing Agent
Keller Williams Central
Listing Agent's Description
Pride of ownership shines in this meticulously maintained home that features sprawling open concept floor plan with flex space for office or 4th bedroom. Entertain in style in the lavish kitchen with walls of cabinets, tons of counter space, SSTL appliances, built in wine cooler, and over sized granite topped prep island with bar seating. Spacious living area highlights stunning floors, gas fire place and beautiful double pane windows. Game room or play area for kids at the back of the house. Owner suite with vaulted ceilings, private bath with soaking tub and separate shower. Massive closets. Generously sized secondary bedrooms w ceiling fans and large closets. Back yard with awesome deck and epic view!
SEE MORE
- # 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)
- . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
PRICE & RENT TRENDS
Neighborhood: Jackson Hill
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Jackson Hill
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,060 |
| EXPENSES | Loan Payment | -$1,251 |
| Property Tax | -$801 | |
| Property Insurance | -$148 | |
| HOA | -$73 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$312
|
||
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.
$339,000
PROJECTED PRICE
$2,060
PROJECTED RENT
0.61%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.78% |
| Appreciation Year (1-5) | 8.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.39% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$95,585
LOAN DETAILS
$1,251
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $84,750 |
| Loan Amount | $254,250 |
0.67
YEARS SAVED
$1,074
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,060
LIST RENT -
$0.99
LIST RENT PER SQFT
-
$1,869
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
4114 Lee Hutson Drive Sachse, TX 5
- 3 beds 2 baths ∙ 2,083 Sqft ∙ Built 2011 3 beds 2 baths ∙ 2,083 Sqft ∙ Built 2011
![property image]()
- Rent
- Rent Per SQFT
- $2,060
- $0.99
-
3302 Sewell Drive Sachse, TX 1
- 3 beds 2 baths ∙ 1,864 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,864 Sqft ∙ Built 2002
![property image]()
LEASED 11/04/19- Rent
- Rent Per SQFT
- $1,700
- $0.91
-
3821 Red Oak Street Sachse, TX 2
- 3 beds 2 baths ∙ 2,027 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,027 Sqft ∙ Built 2004
![property image]()
LEASED 04/21/20- Rent
- Rent Per SQFT
- $1,750
- $0.86
-
4716 Lee Hutson Lane Sachse, TX 3
- 4 beds 2 baths ∙ 2,130 Sqft ∙ Built 1999 4 beds 2 baths ∙ 2,130 Sqft ∙ Built 1999
![property image]()
LEASED 11/10/20- Rent
- Rent Per SQFT
- $1,850
- $0.87
-
4714 Peach Tree Lane Sachse, TX 4
- 4 beds 2 baths ∙ 2,061 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,061 Sqft ∙ Built 2003
![property image]()
LEASED 09/28/20- Rent
- Rent Per SQFT
- $1,950
- $0.95
PROPERTY LISTING DETAILS
Keller Williams Central
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14491125
Last Updated: 01/01/2021
