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

5800 Willow Valley Drive Arlington, TX 76017

3 Beds 2 Baths 1,377 sqft Built 1981

INVESTimate

$172,750

List Price

$1,460

$1,314 - $1,606

Rent Est.

$187,296  ( +8.42%)   1 YR EST. FORECAST

PROPERTY INFO

80% chance this property will be sold within the next 20 days HOT INVESTMENT
August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1981
  • Price/Sqft : $125.45
  • 6 Days on Market
  • MLS # : 14418703
  • Updated Date : 08/24/2020 at 11:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,377 sqft
  • Baths : 2 full
Listing Agent

Sterling Real Estate, Inc

Listing Agent's Description

Nice 3 bedroom 2 bath home on corner lot in Kennedale ISD! Large living area with ceiling fan & corner fireplace opens to breakfast area & galley kitchen. Spacious backyard. Close to Hwy 287, schools & shopping. Attention Investors! This home is being sold as a package along with these 4 properties: 4501 Elm Branch MLS#14418663, 4306 Willow Crest MLS#14418686, 5801 Willow Valley MLS#14418746, 5805 Willow Valley MLS#14418758. Package only sales price is $899,000.

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: Willow Wood

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $93k243k

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

Neighborhood: Willow Wood

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700Rent in $8921734

* 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
Kennedale High School High Regular 993 60 5

Kennedale High School

  • Education Level: High
  • # of students: 993
  • # of teachers: 60
5
GreatSchools Rating
 

$155,475$190,025$172,750

PURCHASE PRICE

$1,314$1,606$1,460

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530$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$100k$200k$300k$400k$500k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,460
EXPENSES Loan Payment -$637
Property Tax -$374
Property Insurance -$107
Property Management Fees -$99
CASH FLOW
$243

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$172,750

PROJECTED PRICE

$1,460

PROJECTED RENT

0.85%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.78%
Appreciation Year (1-5) 8.42%
Maintenance Year (1-5) 8.00%
Vacancy 6.39%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$51,529

INVESTMENT

$51,529

Down Payment
$43,188
Rehab Estimate
$5,750
Closing Costs
$2,591

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$637

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $43,188
Loan Amount $129,563
See What Happens When You Reinvest Cash Flow

11.33

YEARS SAVED

$34,013

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,460

    LIST RENT
  • $1.06

    LIST RENT PER SQFT
  • $1,456

    COMP ESTIMATED VALUE
  • $1.06

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,3953$1,4604$1,5005$1,545
$1,545
RENT COMPS ANALYSIS
  • 5800 Willow Valley Drive Arlington, TX 3
    • 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1981
    • Rent
    • Rent Per SQFT
    •  
    • $1,460
    • $1.06
    •  
  • 5606 Espanola Drive Arlington, TX 1
    • 3 beds 2 baths ∙ 1,269 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,269 Sqft ∙ Built 1978
    LEASED 10/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $1.06
    •  
  • 5801 Willow Valley Drive Arlington, TX 2
    • 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,377 Sqft ∙ Built 1981
    LEASED 05/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $1.01
    •  
  • 5701 Willow Elm Drive Arlington, TX 4
    • 3 beds 2 baths ∙ 1,397 Sqft ∙ Built 1982 3 beds 2 baths ∙ 1,397 Sqft ∙ Built 1982
    LEASED 07/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $1.07
    •  
  • 5905 Crepe Myrtle Drive Arlington, TX 5
    • 3 beds 2 baths ∙ 1,415 Sqft ∙ Built 1981 3 beds 2 baths ∙ 1,415 Sqft ∙ Built 1981
    LEASED 11/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,545
    • $1.09
    •  
PROPERTY LISTING DETAILS
Shannon Ferry-moser
Sterling Real Estate, Inc
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14418703
Last Updated: 08/24/2020
BESbswy