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4605 Napa Valley Drive Denton, TX 76226

4 Beds 2 Baths 1,881 sqft Built 2004

$264,900

List Price

$1,800

$1.6K - $2K

Rent Est.

$75,949

Investment Est.

AVAILABLE

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AVAILABLE

1 Year
(+10.3%)
1 YR. PROJ. APPRECIATION


Cap Rate	3.3%
Cash Flow	$996
Value Increase	$27,850

10 YEAR

Cash On Cash	-1.2%
Total Return	14.7%

PROPERTY INFO

January 22, 2021 RECENTLY ADDED

FACTS

Single Family
Built In 2004
Price/Sqft : $140.83
3 Days on Market
MLS # : 14504601
Updated Date : 01/22/2021 at 17:00

CONSTRUCTION

Beds : 4
Floor Size : 1,881 sqft
Baths : 2 full

Listing Agent

Cc Texas Realty, Llc.

Listing Agent's Description

New Roof ! Beautiful 4 bedroom, 2 bath, 2 living area home with a great layout. Granite countertops & new stainless steel appliances in kitchen. 4th bedroom could also be used as an office. Sprinkler system for easy yard maintenance, and great location too! Move in ready.

4605 Napa Valley Dr

Argyle, Texas

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MARKET HIGHLIGHTS

Dallas Market Report

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)

Neighborhood: The Vintage

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

Neighborhood: The Vintage

* 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
Borman Elementary School	Primary	Regular	458	41	5
Carroll Mcmath Middle School	Middle	Regular	741	55	6
Denton High School	High	Regular	2,166	140	6

Borman Elementary School

Education Level: Primary
# of students: 458
# of teachers: 41

GreatSchools Rating

Carroll Mcmath Middle School

Education Level: Middle
# of students: 741
# of teachers: 55

GreatSchools Rating

Denton High School

Education Level: High
# of students: 2,166
# of teachers: 140

GreatSchools Rating

FINANCIALS

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$238,410$291,39000$264,900

PURCHASE PRICE

$1,620$1,98000$1,800

RENT

DOWN PAYMENT

FINANCING

OFF ON

Acquisition Concierge

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PROPERTY

Expense Inflation	%
Vacancy	%
Length of Stay
Expense Inflation	%
Vacancy	%
Length of Stay

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (1-5)

Appreciation	%
Rental Growth	%
Maintenance	%

YEAR (6+)

Appreciation	%
Rental Growth	%
Maintenance	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

INVESTMENT

Rehab Costs
Reinvest Cash Flow	Yes No
Interest Rate	%

Learn how to read this

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME	Rent	$1,800
EXPENSES	Loan Payment	-$920
	Property Tax	-$527
	Property Insurance	-$136
	HOA	-$35
	Property Management Fees	-$99



CASH FLOW $83

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.

$264,900

PROJECTED PRICE

$1,800

PROJECTED RENT

0.68%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS
Expense Inflation	2.50%
Rental Growth Year (1-5)	3.94%
Appreciation Year (1-5)	10.3%
Maintenance Year (1-5)	8.00%
Vacancy	6.93%
Length of Stay Years	2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

Cash Flow
Appreciation
Principal

PROJECTED ANNUAL CASH FLOW

Tenant Turnover

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

Appreciation
Principal
Loan Balance

TOTAL CASH OUT OF POCKET

INVESTMENT

$75,949

Down Payment	$66,225
Rehab Estimate	$5,750
Closing Costs	$3,974

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$920

MONTHLY LOAN PAYMENT

30 yr

3.75%

25.00%

Down Payment

Term	30 Years
Interest	3.75%
Down Payment	$66,225
Loan Amount	$198,675

See What Happens When You Reinvest Cash Flow

5.92

YEARS SAVED

$17,998

INTEREST SAVED

CASH FLOW REINVESTMENT

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

$1,800
LIST RENT
$0.96
LIST RENT PER SQFT

$1,890
COMP ESTIMATED VALUE
$1.01
COMP AVG. RENT PER SQFT

Comps Range

$1,650

1$1,6502$1,8003$1,8004$1,9505$1,995

$1,995

RENT COMPS ANALYSIS

1,881
PROPERTY SQFT
$1.01
AVG RENT PER SQFT
$1,890
ESTIMATED VALUE
$1,800
LIST RENT

4605 Napa Valley Drive Denton, TX 5

4 beds 2 baths ∙ 1,881 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,881 Sqft ∙ Built 2004
Price

Price Per SQFT

$264,900

$140.83
4408 Claret Drive Denton, TX 1

3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2003
SOLD 09/24/20
Price

Price Per SQFT

$230,000

$130.61
4016 Shiraz Drive Denton, TX 2

4 beds 3 baths ∙ 1,887 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,887 Sqft ∙ Built 2003
SOLD 07/29/20
Price

Price Per SQFT

$239,900

$127.13
3912 Tuscany Court Denton, TX 3

3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2004
SOLD 10/06/20
Price

Price Per SQFT

$239,900

$136.23
4521 Napa Valley Drive Denton, TX 4

3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2005
SOLD 10/05/20
Price

Price Per SQFT

$240,000

$136.29

4605 Napa Valley Drive Denton, TX 3

4 beds 2 baths ∙ 1,881 Sqft ∙ Built 2004 4 beds 2 baths ∙ 1,881 Sqft ∙ Built 2004
Rent

Rent Per SQFT

$1,800

$0.96
4701 Napa Valley Drive Denton, TX 1

3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2004
LEASED 10/12/20
Rent

Rent Per SQFT

$1,650

$0.94
3912 Tuscany Court Denton, TX 2

3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,761 Sqft ∙ Built 2004
LEASED 11/13/20
Rent

Rent Per SQFT

$1,800

$1.02
3504 Hornbeam Street Denton, TX 4

4 beds 2 baths ∙ 2,020 Sqft ∙ Built 2010 4 beds 2 baths ∙ 2,020 Sqft ∙ Built 2010
LEASED 08/23/20
Rent

Rent Per SQFT

$1,950

$0.97
4413 Alsace Drive Denton, TX 5

4 beds 2 baths ∙ 1,836 Sqft ∙ Built 2003 4 beds 2 baths ∙ 1,836 Sqft ∙ Built 2003
LEASED 09/26/20
Rent

Rent Per SQFT

$1,995

$1.09

PROPERTY LISTING DETAILS

Angie Cole
Cc Texas Realty, Llc.

Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027

North Texas Real Estate Information Services ( NTREIS)
MLS #: 14504601
Last Updated: 01/22/2021

4605 Napa Valley Drive Denton, TX 76226

$264,900

$1,800

$75,949

REQUEST INFO

PROPERTY INFO

FACTS

CONSTRUCTION

Listing Agent

Listing Agent's Description

MARKET HIGHLIGHTS

PRICE & RENT TRENDS

SCHOOLS

Borman Elementary School

Carroll Mcmath Middle School

Denton High School

FINANCIALS

$238,410$291,39000$264,900

$1,620$1,98000$1,800

Acquisition Concierge

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

$264,900

$1,800

0.68%

PROJECTED ACCUMULATED WEALTH

PROJECTED ANNUAL CASH FLOW

PROJECTED PROPERTY VALUE

TOTAL CASH OUT OF POCKET

INVESTMENT

LOAN DETAILS

25%

$920

5.92

$17,998

$264,900

$140.83

$249,355

$132.57

COMPS RANGE

PRICE COMPS ANALYSIS

$1,800

$0.96

$1,890

$1.01

Comps Range

RENT COMPS ANALYSIS

PROPERTY LISTING DETAILS