Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

4348 Peregrine Way Carrollton, TX 75010

3 Beds 3 Baths 2,072 sqft Built 2007

$350,000

List Price

$2,130

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

December 04, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2007
  • Price/Sqft : $168.92
  • 3 Days on Market
  • MLS # : 14478992
  • Updated Date : 12/05/2020 at 20:17
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,072 sqft
  • Baths : 2 full , 1 half
Listing Agent

Ebby Halliday, Realtors Plano

Listing Agent's Description

Ready to call home. Updated, immaculately-maintained garden home features open-concept kitchen & den area w breakfast nook & breakfast bar, dining room currently used as study-living room, plantation shutters & half bath down. Kitchen offers SS appliances, gas cook top, granite counters & lots of storage. Spacious upstairs owners suite w sitting area, large walk-in closet & fab bathroom w jetted tub & separate shower. Two addl bedrooms w large bathroom. Outside stone & concrete patio perfect for al fresco dining or grilling. Turf makes maintenance a breeze. Over-sized garage for extra storage & no door dings! Close proximity to community park & pool. Low-maintenance living at its finest & easy access location.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • # 1 in the country for job growth in 2017 (2.6% growth, 91,700 new jobs) (US Census, Forbes, 2017)

PRICE & RENT TRENDS

Neighborhood: North Central Carrollton

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320kPrice in $123k336k

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

Neighborhood: North Central Carrollton

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100Rent in $11112171

* 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
Castle Hills Elementary School Primary Regular 734 48 10
Killian Middle School Middle Regular 950 65 7
Hebron High School High Regular 2,458 138 7

Castle Hills Elementary School

  • Education Level: Primary
  • # of students: 734
  • # of teachers: 48
10
GreatSchools Rating

Killian Middle School

  • Education Level: Middle
  • # of students: 950
  • # of teachers: 65
7
GreatSchools Rating

Hebron High School

  • Education Level: High
  • # of students: 2,458
  • # of teachers: 138
7
GreatSchools Rating
 

$315,000$385,000$350,000

PURCHASE PRICE

$1,917$2,343$2,130

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,130
EXPENSES Loan Payment -$1,291
Property Tax -$639
Property Insurance -$147
HOA -$108
Property Management Fees -$99
CASH FLOW
-$154

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.

$350,000

PROJECTED PRICE

$2,130

PROJECTED RENT

0.61%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 8.4%
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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$98,500

INVESTMENT

$98,500

Down Payment
$87,500
Rehab Estimate
$5,750
Closing Costs
$5,250

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,291

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $87,500
Loan Amount $262,500
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$7,955

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,130

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • $2,145

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$2,100
1$2,1002$2,1303$2,1954$2,2005$2,300
$2,300
RENT COMPS ANALYSIS
  • 4348 Peregrine Way Carrollton, TX 2
    • 3 beds 3 baths ∙ 2,072 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,072 Sqft ∙ Built 2007
    • Rent
    • Rent Per SQFT
    •  
    • $2,130
    • $1.03
    •  
  • 1803 Frosted Hill Drive Carrollton, TX 1
    • 3 beds 2 baths ∙ 1,932 Sqft ∙ Built 1990 3 beds 2 baths ∙ 1,932 Sqft ∙ Built 1990
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.09
    •  
  • 4313 Peregrine Way Carrollton, TX 3
    • 3 beds 3 baths ∙ 2,226 Sqft ∙ Built 2007 3 beds 3 baths ∙ 2,226 Sqft ∙ Built 2007
    LEASED 09/19/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.99
    •  
  • 1305 Red Maple Drive Carrollton, TX 4
    • 4 beds 2 baths ∙ 2,231 Sqft ∙ Built 1993 4 beds 2 baths ∙ 2,231 Sqft ∙ Built 1993
    LEASED 05/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.99
    •  
  • 4325 Peregrine Way Carrollton, TX 5
    • 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2009 3 beds 3 baths ∙ 2,152 Sqft ∙ Built 2009
    LEASED 11/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $1.07
    •  
PROPERTY LISTING DETAILS
Renee Rubin
Ebby Halliday, Realtors Plano
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14478992
Last Updated: 12/05/2020
BESbswy