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PROPERTY INFO
FACTS
- Single Family
- Built In 2020
- Price/Sqft : $166.19
- 1 Days on Market
- MLS # : 14504558
- Updated Date : 02/20/2021 at 21:00
CONSTRUCTION
- Beds : 4
- Floor Size : 2,286 sqft
- Baths : 2 full
Listing Agent
Rj Williams & Company Re Llc
Listing Agent's Description
One of a kind. Beautiful custom 4 bed 2 bath home on a great lot with lot of natural light, cover porch & access to a huge back yard. This elegant 1-story is a breath taker with tall ceilings (11ft foyer, 10ft living-office, and 9ft on the rest). The open concept kitchen offer Quartz, a waterfall island, plenty of counter space, walk-in pantry and SS appliances. Master bedroom provides a private retreat including a soaking tub, a big walk-in shower, double sinks & massive walk-in closet. Other features are Ceramic Tile, Hardwood Floors. Energy Efficient Windows ,LED Lighting, Radiant barrier on Ceiling and external walls, 30 Year roof. No HOA. No water bill. Less than 15 min to Clear Fork, Aledo, Chisholm trail
SEE MORE
- 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)
PRICE & RENT TRENDS
Zip Code: 76126
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 76126
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,970 |
| EXPENSES | Loan Payment | -$1,320 |
| Property Tax | -$871 | |
| Property Insurance | -$159 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$479
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 9% of earned rent to cover both maintenance and periods of vacancy.
$379,900
PROJECTED PRICE
$1,970
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.78% |
| Appreciation Year (1-5) | 5.6% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.39% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$102,674
LOAN DETAILS
$1,320
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $94,975 |
| Loan Amount | $284,925 |
0.17
YEARS SAVED
$53
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,970
LIST RENT -
$0.86
LIST RENT PER SQFT
-
$2,320
COMP ESTIMATED VALUE -
$1.02
COMP AVG. RENT PER SQFT
Comps Range
-
5637 Gebron Court Fort Worth, TX 1
- 4 beds 2 baths ∙ 2,286 Sqft ∙ Built 2020 4 beds 2 baths ∙ 2,286 Sqft ∙ Built 2020
- Rent
- Rent Per SQFT
- $1,970
- $0.86
-
8036 Pennington Fort Worth, TX 2
- 4 beds 2 baths ∙ 2,370 Sqft ∙ Built 2019 4 beds 2 baths ∙ 2,370 Sqft ∙ Built 2019
LEASED 09/30/19- Rent
- Rent Per SQFT
- $2,395
- $1.01
-
8044 Sumerlin Court Fort Worth, TX 3
- 4 beds 2 baths ∙ 2,370 Sqft ∙ Built 2019 4 beds 2 baths ∙ 2,370 Sqft ∙ Built 2019
LEASED 03/27/20- Rent
- Rent Per SQFT
- $2,395
- $1.01
-
8150 Money Drive Fort Worth, TX 4
- 4 beds 2 baths ∙ 2,333 Sqft ∙ Built 2020 4 beds 2 baths ∙ 2,333 Sqft ∙ Built 2020
LEASED 07/13/20- Rent
- Rent Per SQFT
- $2,395
- $1.03
-
5580 Sheilagh Place Fort Worth, TX 5
- 4 beds 2 baths ∙ 2,370 Sqft ∙ Built 2018 4 beds 2 baths ∙ 2,370 Sqft ∙ Built 2018
LEASED 07/01/20- Rent
- Rent Per SQFT
- $2,395
- $1.01
PROPERTY LISTING DETAILS
Rj Williams & Company Re Llc
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14504558
Last Updated: 02/20/2021
