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

5627 Mountain Hollow Drive Dallas, TX 75249

4 Beds 2 Baths 2,180 sqft Built 2014

INVESTimate

$274,990

List Price

$1,910

$1,719 - $2,101

Rent Est.

$301,334  ( +9.58%)   1 YR EST. FORECAST

PROPERTY INFO

August 20, 2020 RECENTLY ADDED
FACTS
  • Built In 2014
  • Price/Sqft : $126.14
  • 7 Days on Market
  • MLS # : 14417203
  • Updated Date : 08/25/2020 at 15:42
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,180 sqft
  • Baths : 2 full
Listing Agent

Social Realty, Llc

Listing Agent's Description

Beautiful 4 bedroom home in Duncanville! Kitchen boasts granite counter tops and breakfast bar that opens to the family room with a cozy fireplace, great for entertaining family and friends! Large master suite features garden tub, separate shower and dual sinks. You don't want to miss this!

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: Mountain Hollow

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $88k257k

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

Neighborhood: Mountain Hollow

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600170018001900200021002200Rent in $9452216

* 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
Hyman Elementary School Primary Regular 560 36 4
Daniel Intermediate School Middle Regular 658 39 3
Duncanville High School High Regular 3,923 238 3

Hyman Elementary School

  • Education Level: Primary
  • # of students: 560
  • # of teachers: 36
4
GreatSchools Rating

Daniel Intermediate School

  • Education Level: Middle
  • # of students: 658
  • # of teachers: 39
3
GreatSchools Rating

Duncanville High School

  • Education Level: High
  • # of students: 3,923
  • # of teachers: 238
3
GreatSchools Rating
 

$247,491$302,489$274,990

PURCHASE PRICE

$1,719$2,101$1,910

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,910
EXPENSES Loan Payment -$1,015
Property Tax -$652
Property Insurance -$153
HOA -$16
Property Management Fees -$99
CASH FLOW
-$25

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.

$274,990

PROJECTED PRICE

$1,910

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.74%
Appreciation Year (1-5) 9.58%
Maintenance Year (1-5) 8.00%
Vacancy 6.69%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,622

INVESTMENT

$78,622

Down Payment
$68,748
Rehab Estimate
$5,750
Closing Costs
$4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,015

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $68,748
Loan Amount $206,243
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$11,259

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,910

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $1,929

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,6953$1,8004$1,9105$1,950
$1,950
RENT COMPS ANALYSIS
  • 5627 Mountain Hollow Drive Dallas, TX 4
    • 4 beds 2 baths ∙ 2,180 Sqft ∙ Built 2014 4 beds 2 baths ∙ 2,180 Sqft ∙ Built 2014
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,910
    • $0.88
    •  
  • 5890 Cliff Ridge Drive Dallas, TX 1
    • 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2004 3 beds 2 baths ∙ 1,925 Sqft ∙ Built 2004
    property image
    LEASED 12/11/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.86
    •  
  • 7952 Glenway Drive Dallas, TX 2
    • 3 beds 2 baths ∙ 1,932 Sqft ∙ Built 2002 3 beds 2 baths ∙ 1,932 Sqft ∙ Built 2002
    property image
    LEASED 07/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.88
    •  
  • 6348 Knoll Ridge Drive Dallas, TX 3
    • 4 beds 2 baths ∙ 2,015 Sqft ∙ Built 2001 4 beds 2 baths ∙ 2,015 Sqft ∙ Built 2001
    property image
    LEASED 10/01/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.89
    •  
  • 8032 Vista Hill Lane Dallas, TX 5
    • 4 beds 2 baths ∙ 2,140 Sqft ∙ Built 2015 4 beds 2 baths ∙ 2,140 Sqft ∙ Built 2015
    property image
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.91
    •  
PROPERTY LISTING DETAILS
Greg Potts
Social Realty, Llc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14417203
Last Updated: 08/25/2020
BESbswy