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5015 Rosewood Lane Sachse, TX 75048

5 Beds 5 Baths 3,994 sqft Built 2017

$499,900

List Price

$2,940

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2017
  • Price/Sqft : $125.16
  • 3 Days on Market
  • MLS # : 14507373
  • Updated Date : 01/30/2021 at 20:00
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,994 sqft
  • Baths : 4 full , 1 half
Listing Agent

Renee Mears, Realtors

Listing Agent's Description

Must see impeccable 5 BR 4.5 bath Meritage Home. Perfect opportunity for family retreat where there is tons of room & storage for all. BEAUTIFUL & well maintained open floorpan has everything. Lots of windows give way to HUGE back yard. Spacious entry & stunning staircase leads to all 3 large living areas & dual office spaces. Home has 5 bedrooms. MB & guest room downstairs with ensuite baths. 3 full BR's upstairs with Jack & Jill bath & full hall bath. Amazing wood floors & gourmet kitchen showcase quartz countertops, 5 burner gas cooktop, double ovens & dining that are perfect for entertaining & family gatherings. Located close to The Bush, Police & Fire dept.& Firewheel for shopping & dining.MUST SEE TODAY!

SEE MORE

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

Neighborhood: Sachse

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320kPrice in $123k336k

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

Neighborhood: Sachse

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $11262771

* 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
Hillside Academy For Excel Primary Magnet 463 29 10
Classical Center At Brandenburg Middle School Middle Magnet 1,158 64 8
Sachse High School High Regular 2,859 159 7

Hillside Academy For Excel

  • Education Level: Primary
  • # of students: 463
  • # of teachers: 29
10
GreatSchools Rating

Classical Center At Brandenburg Middle School

  • Education Level: Middle
  • # of students: 1,158
  • # of teachers: 64
8
GreatSchools Rating

Sachse High School

  • Education Level: High
  • # of students: 2,859
  • # of teachers: 159
7
GreatSchools Rating
 

$449,910$549,890$499,900

PURCHASE PRICE

$2,646$3,234$2,940

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,940
EXPENSES Loan Payment -$1,736
Property Tax -$1,182
Property Insurance -$258
HOA -$63
Property Management Fees -$99
CASH FLOW
-$398

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.

$499,900

PROJECTED PRICE

$2,940

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 6.8%
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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$138,224

INVESTMENT

$138,224

Down Payment
$124,975
Rehab Estimate
$5,750
Closing Costs
$7,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,736

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,975
Loan Amount $374,925
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$1,552

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,940

    LIST RENT
  • $0.74

    LIST RENT PER SQFT
  • $2,996

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$2,890
1$2,8902$2,9003$2,9404$3,045
$3,045
RENT COMPS ANALYSIS
  • 5015 Rosewood Lane Sachse, TX 3
    • 5 beds 5 baths ∙ 3,994 Sqft ∙ Built 2017 5 beds 5 baths ∙ 3,994 Sqft ∙ Built 2017
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,940
    • $0.74
    •  
  • 4405 Lone Elm Street Sachse, TX 1
    • 4 beds 4 baths ∙ 4,069 Sqft ∙ Built 2016 4 beds 4 baths ∙ 4,069 Sqft ∙ Built 2016
    property image
    LEASED 11/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,890
    • $0.71
    •  
  • 2510 Sandi Lane Sachse, TX 2
    • 5 beds 4 baths ∙ 3,830 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,830 Sqft ∙ Built 2006
    property image
    LEASED 04/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $0.76
    •  
  • 6312 Lakecrest Drive Sachse, TX 4
    • 5 beds 4 baths ∙ 3,894 Sqft ∙ Built 2013 5 beds 4 baths ∙ 3,894 Sqft ∙ Built 2013
    property image
    LEASED 07/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,045
    • $0.78
    •  
PROPERTY LISTING DETAILS
Sandie Mcwherter
Renee Mears, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14507373
Last Updated: 01/30/2021
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