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636 Dunster Saginaw, TX 76131

4 Beds 2 Baths 1,806 sqft Built 2018

$280,000

List Price

$1,790

$1.6K - $2K

Rent Est.

$79,950

Investment Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $155.04
  • 2 Days on Market
  • MLS # : 14471133
  • Updated Date : 11/14/2020 at 02:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,806 sqft
  • Baths : 2 full
Listing Agent

Jp And Associates Southlake

Listing Agent's Description

Absolutely Charming! This is a one-story, 4 bedroom, 2 bath home. It features hardwood floors, granite countertops, and a gas fireplace as the focal point with high ceilings in the living room. This home is energy efficient and loaded with Smart Home Technology which includes, two security cameras, full gutters, and a built-in irrigation system. This home just received a fresh coat of paint and still has 8 years left on the builder's foundation warranty. It’s simply ready to be sold!

SEE MORE

MARKET HIGHLIGHTS

Dallas Market Report
  • . 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: 76131

ZipNIR Market*CityMarket2010Year20002019120k130k140k150k160k170k180k190k200k210k220k230k240kPrice in $115k243k

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

Zip Code: 76131

ZipNIR Market*CityMarket2010Year20002019 Q2115012001250130013501400145015001550160016501700Rent in $11021734

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

FINANCIALS

Learn how to read this

$252,000$308,000$280,000

PURCHASE PRICE

$1,611$1,969$1,790

RENT

DOWN PAYMENT
FINANCING
Learn how to read this

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,790
EXPENSES Loan Payment -$1,033
Property Tax -$608
Property Insurance -$132
HOA -$33
Property Management Fees -$99
CASH FLOW
-$115

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.

$280,000

PROJECTED PRICE

$1,790

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.78%
Appreciation Year (1-5) 6.7%
Maintenance Year (1-5) 8.00%
Vacancy 6.39%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow

  • Appreciation

  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation

  • Principal

  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$79,950

INVESTMENT

$79,950

Down Payment		 $70,000
Rehab Estimate		 $5,750
Closing Costs		 $4,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,033

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $70,000
Loan Amount $210,000
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$6,598

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,790

    LIST RENT

  • $0.99

    LIST RENT PER SQFT

  • $1,603

    COMP ESTIMATED VALUE

  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,5003$1,6254$1,6505$1,790
$1,790
RENT COMPS ANALYSIS
  • 636 Dunster Saginaw, TX 5
    • 4 beds 2 baths ∙ 1,806 Sqft ∙ Built 2018 4 beds 2 baths ∙ 1,806 Sqft ∙ Built 2018
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,790
    • $0.99
    •  
  • 600 Condor Trail Saginaw, TX 1
    • 3 beds 2 baths ∙ 1,658 Sqft ∙ Built 2005 3 beds 2 baths ∙ 1,658 Sqft ∙ Built 2005
    property image
    LEASED 02/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.87
    •  
  • 805 Stafford Station Drive Saginaw, TX 2
    • 3 beds 2 baths ∙ 1,744 Sqft ∙ Built 1999 3 beds 2 baths ∙ 1,744 Sqft ∙ Built 1999
    property image
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.86
    •  
  • 1033 Harriman Drive Saginaw, TX 3
    • 4 beds 2 baths ∙ 1,734 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,734 Sqft ∙ Built 1999
    property image
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,625
    • $0.94
    •  
  • 720 Oriole Drive Saginaw, TX 4
    • 4 beds 3 baths ∙ 1,866 Sqft ∙ Built 2001 4 beds 3 baths ∙ 1,866 Sqft ∙ Built 2001
    property image
    LEASED 02/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.88
    •  
PROPERTY LISTING DETAILS
LISTING AGENT
Edwin Liddie
Jp And Associates Southlake
BUYER AGENT
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
SOURCE
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14471133
Last Updated: 11/14/2020

All returns, cash flow, and appreciation estimates are projections. Please review our Disclaimer for more information.

All values are rounded to the nearest dollar.
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