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
4448 Brandon Street 
Dallas, TX
75211
4 Beds 2 Baths 1,862 sqft
Built 2020
INVESTimate
$369,900
List Price
$100,024
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 2020
- Price/Sqft : $198.66
- 3 Days on Market
- MLS # : 14369832
- Updated Date : 08/25/2020 at 02:00
CONSTRUCTION
- Beds : 4
- Floor Size : 1,862 sqft
- Baths : 2 full
Listing Agent
Donna Savariego Homes, Inc.
Listing Agent's Description
AMAZING NEW 2020 CONSTRUCTION CONTEMPORARY HOME in Oak Cliff. Near Bishop Arts, Trinity Grove, Dallas National Golf Club, Wynnewood Village. This spectacular new build features: Open Floorplan, 9' - 12' Ceilings, SS Kitchen Appliances, Waterfall Quartz kitchen countertop, Marble counter in bathrooms, Walk-In pantry, and a utility room. Master Bath includes Seperate Soaking Tub, Shower with Glass, Double Vanity, and Walk In Closet. The home has a utility room, and two porches great for entertaining. All information contained herein deemed reliable but not guaranteed. Buyer(s) to verify all information including schools and dimensions. Square footage, measurements, floor plan subject to change.
SEE MORE
- . 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: Winnetka Heights
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Winnetka Heights
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,870 |
| EXPENSES | Loan Payment | -$1,365 |
| Property Tax | -$877 | |
| Property Insurance | -$135 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$606
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.
$369,900
PROJECTED PRICE
$1,870
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.74% |
| Appreciation Year (1-5) | 13.96% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.69% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$100,024
LOAN DETAILS
$1,365
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $92,475 |
| Loan Amount | $277,425 |
-0.08
YEARS SAVED
$2
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,870
LIST RENT -
$1
LIST RENT PER SQFT
-
$1,867
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
4448 Brandon Street Dallas, TX 5
- 4 beds 2 baths ∙ 1,862 Sqft ∙ Built 2020 4 beds 2 baths ∙ 1,862 Sqft ∙ Built 2020
- Rent
- Rent Per SQFT
- $1,870
- $1.00
-
5115 Mimi Court Dallas, TX 1
- 4 beds 2 baths ∙ 1,531 Sqft ∙ Built 2002 4 beds 2 baths ∙ 1,531 Sqft ∙ Built 2002
LEASED 09/29/19- Rent
- Rent Per SQFT
- $1,495
- $0.98
-
3113 Saint David Street Dallas, TX 2
- 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,560 Sqft ∙ Built 2004
LEASED 11/04/19- Rent
- Rent Per SQFT
- $1,500
- $0.96
-
2108 Yucatan Plaza Dallas, TX 3
- 4 beds 3 baths ∙ 1,526 Sqft ∙ Built 2001 4 beds 3 baths ∙ 1,526 Sqft ∙ Built 2001
LEASED 07/26/19- Rent
- Rent Per SQFT
- $1,550
- $1.02
-
3001 Caballero Circle Dallas, TX 4
- 3 beds 3 baths ∙ 1,519 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,519 Sqft ∙ Built 2004
LEASED 08/05/19- Rent
- Rent Per SQFT
- $1,595
- $1.05
PROPERTY LISTING DETAILS
Donna Savariego Homes, Inc.
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14369832
Last Updated: 08/25/2020
