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5818 Liverpool Street Celina, TX 75009

5 Beds 4 Baths 4,000 sqft Built 2020

INVESTimate

$425,580

List Price

$3,280

$3,030 - $3,530

Rent Est.

$464,818  ( +9.22%)   1 YR EST. FORECAST

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 2020
  • Price/Sqft : $106.40
  • 2 Days on Market
  • MLS # : 14420467
  • Updated Date : 08/25/2020 at 22:00
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,000 sqft
  • Baths : 4 full
Listing Agent

Homesusa.com

Listing Agent's Description

MLS# 14420467 - Built by First Texas Homes - November completion! ~ Welcome home to space for everyone. Featuring a curved staircase and high vaulted family room ceiling, this home is sure to please. The study, game room and media room ensure that there is room for the whole family. The open kitchen features double ovens and a large island. The covered patio is the perfect place to begin or end your day. The wood-look tile, featured downstairs, is both durable and beautiful. This home puts the joy in coming home.

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

Zip Code: 75009

ZipNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400kPrice in $123k415k

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

Zip Code: 75009

ZipNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100220023002400Rent in $11262435

* 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
Windsong Elementary School Primary Regular NA
Reynolds Middle School Middle Regular 1,048 68 8
Prosper High School High Regular 1,868 120 9

Windsong Elementary School

  • Education Level: Primary
  • # of students:
  • # of teachers:
NA
GreatSchools Rating

Reynolds Middle School

  • Education Level: Middle
  • # of students: 1,048
  • # of teachers: 68
8
GreatSchools Rating

Prosper High School

  • Education Level: High
  • # of students: 1,868
  • # of teachers: 120
9
GreatSchools Rating
 

$383,022$468,138$425,580

PURCHASE PRICE

$2,952$3,608$3,280

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,280
EXPENSES Loan Payment -$1,570
Property Tax -$901
Property Insurance -$258
HOA -$46
Property Management Fees -$99
CASH FLOW
$406

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$425,580

PROJECTED PRICE

$3,280

PROJECTED RENT

0.77%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 9.22%
Maintenance Year (1-5) 3.00%
Vacancy 6.93%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$114,779

INVESTMENT

$114,779

Down Payment
$106,395
Rehab Estimate
$2,000
Closing Costs
$6,384

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,570

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $106,395
Loan Amount $319,185
See What Happens When You Reinvest Cash Flow

9.58

YEARS SAVED

$71,906

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,280

    LIST RENT
  • $0.82

    LIST RENT PER SQFT
  • $3,253

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$2,700
1$2,7002$3,2503$3,2804$3,400
$3,400
RENT COMPS ANALYSIS
  • 5818 Liverpool Street Celina, TX 3
    • 5 beds 4 baths ∙ 4,000 Sqft ∙ Built 2020 5 beds 4 baths ∙ 4,000 Sqft ∙ Built 2020
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $3,280
    • $0.82
    •  
  • 6141 Gloucester Drive Aubrey, TX 1
    • 5 beds 4 baths ∙ 3,978 Sqft ∙ Built 2017 5 beds 4 baths ∙ 3,978 Sqft ∙ Built 2017
    property image
    LEASED 06/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.68
    •  
  • 1709 Forest Park Drive Prosper, TX 2
    • 4 beds 4 baths ∙ 3,874 Sqft ∙ Built 2015 4 beds 4 baths ∙ 3,874 Sqft ∙ Built 2015
    property image
    LEASED 08/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,250
    • $0.84
    •  
  • 4130 Dewberry Lane Prosper, TX 4
    • 4 beds 5 baths ∙ 3,704 Sqft ∙ Built 2017 4 beds 5 baths ∙ 3,704 Sqft ∙ Built 2017
    property image
    LEASED 04/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $0.92
    •  
PROPERTY LISTING DETAILS
Ben Caballero
Homesusa.com
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14420467
Last Updated: 08/25/2020
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