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5436 Navajo Bridge Trail Fort Worth, TX 76137

4 Beds 3 Baths 2,660 sqft Built 1996

INVESTimate

$299,900

List Price

$2,110

$1,899 - $2,321

Rent Est.

$325,152  ( +8.42%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 1996
  • Price/Sqft : $112.74
  • 2 Days on Market
  • MLS # : 14415641
  • Updated Date : 08/25/2020 at 02:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,660 sqft
  • Baths : 2 full , 1 half
Listing Agent

Orchard Brokerage

Listing Agent's Description

Gorgeous two-story turnkey home with well-maintained mature landscaping in a great location near Arcadia Park, schools, and shopping. The foyer will impress from the moment you enter with a soaring ceiling, luxury vinyl plank flooring that extends throughout the main level, and abundant natural light that flows throughout the home. Three living areas including a massive bonus room upstairs and the family room, open to the kitchen with a brick fireplace. Two dining areas with chair rim walls, crown molding, and a chandelier in the formal. The kitchen features a gas cooktop, backsplash, a pantry and dual sinks. The master suite has a full bath with separate vanities, a garden tub, and walk-in shower. Private yard

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: Park Glen

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $104k336k

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

Neighborhood: Park Glen

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9192171

* 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
Parkwood Hill Intermediate School Primary Regular 1,070 57 8
Hillwood Middle School Middle Regular 1,087 65 8
Central High School High Regular 2,573 140 8

Parkwood Hill Intermediate School

  • Education Level: Primary
  • # of students: 1,070
  • # of teachers: 57
8
GreatSchools Rating

Hillwood Middle School

  • Education Level: Middle
  • # of students: 1,087
  • # of teachers: 65
8
GreatSchools Rating

Central High School

  • Education Level: High
  • # of students: 2,573
  • # of teachers: 140
8
GreatSchools Rating
 

$269,910$329,890$299,900

PURCHASE PRICE

$1,899$2,321$2,110

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,110
EXPENSES Loan Payment -$1,107
Property Tax -$687
Property Insurance -$181
Property Management Fees -$99
CASH FLOW
$36

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.

$299,900

PROJECTED PRICE

$2,110

PROJECTED RENT

0.70%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 8.42%
Maintenance Year (1-5) 8.00%
Vacancy 6.93%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$85,224

INVESTMENT

$85,224

Down Payment
$74,975
Rehab Estimate
$5,750
Closing Costs
$4,499

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,107

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $74,975
Loan Amount $224,925
See What Happens When You Reinvest Cash Flow

5.08

YEARS SAVED

$18,375

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,110

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $2,101

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,0003$2,1004$2,1105$2,195
$2,195
RENT COMPS ANALYSIS
  • 5436 Navajo Bridge Trail Fort Worth, TX 4
    • 4 beds 3 baths ∙ 2,660 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,660 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $2,110
    • $0.79
    •  
  • 8232 Mount Shasta Circle Fort Worth, TX 1
    • 4 beds 3 baths ∙ 2,688 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,688 Sqft ∙ Built 1996
    LEASED 02/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.74
    •  
  • 7517 Point Reyes Drive Fort Worth, TX 2
    • 4 beds 3 baths ∙ 2,552 Sqft ∙ Built 1990 4 beds 3 baths ∙ 2,552 Sqft ∙ Built 1990
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.78
    •  
  • 4633 Tanque Drive Fort Worth, TX 3
    • 4 beds 3 baths ∙ 2,555 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,555 Sqft ∙ Built 1999
    LEASED 09/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.82
    •  
  • 7912 Rampston Place Fort Worth, TX 5
    • 4 beds 3 baths ∙ 2,676 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,676 Sqft ∙ Built 2003
    LEASED 02/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,195
    • $0.82
    •  
PROPERTY LISTING DETAILS
Anne Damron
Orchard Brokerage
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14415641
Last Updated: 08/25/2020
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