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5744 Quebec Lane 
Plano, TX
75024
3 Beds 4 Baths 3,769 sqft
Built 2009
INVESTimate
$750,000
List Price
$204,500
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PROPERTY INFO
FACTS
- Built In 2009
- Price/Sqft : $198.99
- 2 Days on Market
- MLS # : 14398332
- Updated Date : 08/26/2020 at 04:00
CONSTRUCTION
- Beds : 3
- Floor Size : 3,769 sqft
- Baths : 3 full , 1 half
Listing Agent
Keller Williams Realty
Listing Agent's Description
Custom home in Avignon Windhaven. Numerous upgrades include handscraped hardwood floors, Bower & Wilkens built-in speakers, grand 2 story entry with custom painted dome and groin vault ceiling in dining room and alcove. Enjoy perfectly chilled wine from the climate controlled wine room while relaxing under the custom pergola in the private backyard, enjoying a stone waterfall and the built-in Lynx 36” gas grill with sear burner. Exquisite master suite with spa-like bath. Fabulous game room up has vaulted beamed ceiling and custom wet bar with fridge. Professional Viking appliances grace the gourmet kitchen, including 6 burner gas range with double ovens and griddle.
SEE MORE
- . 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: Avignon Windhaven
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Avignon Windhaven
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $3,740 |
| EXPENSES | Loan Payment | -$2,767 |
| Property Tax | -$1,276 | |
| Property Insurance | -$245 | |
| HOA | -$200 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$847
|
||
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.
$750,000
PROJECTED PRICE
$3,740
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.00% |
| Appreciation Year (1-5) | 3.47% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 7.37% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$204,500
LOAN DETAILS
$2,767
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $187,500 |
| Loan Amount | $562,500 |
0.42
YEARS SAVED
$829
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$3,740
LIST RENT -
$0.99
LIST RENT PER SQFT
-
$3,797
COMP ESTIMATED VALUE -
$1.01
COMP AVG. RENT PER SQFT
Comps Range
-
5744 Quebec Lane Plano, TX 3
- 3 beds 4 baths ∙ 3,769 Sqft ∙ Built 2009 3 beds 4 baths ∙ 3,769 Sqft ∙ Built 2009
- Rent
- Rent Per SQFT
- $3,740
- $0.99
-
5704 Arrow Point Drive Plano, TX 1
- 4 beds 5 baths ∙ 3,817 Sqft ∙ Built 1998 4 beds 5 baths ∙ 3,817 Sqft ∙ Built 1998
LEASED 06/08/20- Rent
- Rent Per SQFT
- $3,600
- $0.94
-
5901 Toppingham Street Plano, TX 2
- 4 beds 4 baths ∙ 3,935 Sqft ∙ Built 2000 4 beds 4 baths ∙ 3,935 Sqft ∙ Built 2000
LEASED 07/03/20- Rent
- Rent Per SQFT
- $3,700
- $0.94
-
5808 Bassinghall Lane Plano, TX 4
- 4 beds 4 baths ∙ 3,791 Sqft ∙ Built 1989 4 beds 4 baths ∙ 3,791 Sqft ∙ Built 1989
LEASED 07/21/20- Rent
- Rent Per SQFT
- $3,850
- $1.02
-
5604 Hillsborough Drive Plano, TX 5
- 4 beds 4 baths ∙ 3,711 Sqft ∙ Built 1991 4 beds 4 baths ∙ 3,711 Sqft ∙ Built 1991
LEASED 08/05/20- Rent
- Rent Per SQFT
- $4,200
- $1.13
PROPERTY LISTING DETAILS
Keller Williams Realty
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14398332
Last Updated: 08/26/2020
