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6901 Vicuna Circle Sachse, TX 75048

4 Beds 4 Baths 3,926 sqft Built 2021

$574,996

List Price

$3,020

$2.8K - $3.3K

Rent Est.

PROPERTY INFO

Built 2021 NEW CONSTRUCTION
February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2021
  • Price/Sqft : $146.46
  • 2 Days on Market
  • MLS # : 14518531
  • Updated Date : 02/13/2021 at 16:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,926 sqft
  • Baths : 3 full , 1 half
Listing Agent

Homesusa.com

Listing Agent's Description

MLS# 14518531 - Built by Windsor Homes - August completion! ~ This luxurious Windsor Homes two story floor plan has high end finishes, soaring ceilings and a nice back yard for entertaining. It sits on the Dallas County side of the Sable Hills community in Sachse.

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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: Sable Hills Estates

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320kPrice in $123k336k

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

Neighborhood: Sable Hills Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100Rent in $11262171

* 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
Hillside Academy For Excel Primary Magnet 463 29 10
Classical Center At Brandenburg Middle School Middle Magnet 1,158 64 8
Sachse High School High Regular 2,859 159 7

Hillside Academy For Excel

  • Education Level: Primary
  • # of students: 463
  • # of teachers: 29
10
GreatSchools Rating

Classical Center At Brandenburg Middle School

  • Education Level: Middle
  • # of students: 1,158
  • # of teachers: 64
8
GreatSchools Rating

Sachse High School

  • Education Level: High
  • # of students: 2,859
  • # of teachers: 159
7
GreatSchools Rating
 

$517,496$632,496$574,996

PURCHASE PRICE

$2,718$3,322$3,020

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,020
EXPENSES Loan Payment -$1,997
Property Tax -$1,359
Property Insurance -$254
HOA -$38
Property Management Fees -$99
CASH FLOW
-$727

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.

$574,996

PROJECTED PRICE

$3,020

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.3%
Maintenance Year (1-5) 3.00%
Vacancy 6.93%
Length of Stay Years 2

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$1.8M

PROJECTED ANNUAL CASH FLOW

11530-$14k-$12k-$10k-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M$1.8M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$154,374

INVESTMENT

$154,374

Down Payment
$143,749
Rehab Estimate
$2,000
Closing Costs
$8,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 75% down payment or higher enables the proceeds from the asset to cover all costs.

$1,997

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $143,749
Loan Amount $431,247
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$39

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $3,020

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $3,082

    COMP ESTIMATED VALUE
  • $0.78

    COMP AVG. RENT PER SQFT
Comps Range
$2,700
1$2,7002$2,9003$3,0204$3,0405$3,045
$3,045
RENT COMPS ANALYSIS
  • 6901 Vicuna Circle Sachse, TX 3
    • 4 beds 4 baths ∙ 3,926 Sqft ∙ Built 2021 4 beds 4 baths ∙ 3,926 Sqft ∙ Built 2021
    • Rent
    • Rent Per SQFT
    •  
    • $3,020
    • $0.77
    •  
  • 4328 Oak Bluff Lane Sachse, TX 1
    • 5 beds 4 baths ∙ 3,586 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,586 Sqft ∙ Built 2006
    LEASED 10/26/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.75
    •  
  • 2510 Sandi Lane Sachse, TX 2
    • 5 beds 4 baths ∙ 3,830 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,830 Sqft ∙ Built 2006
    LEASED 04/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $0.76
    •  
  • 7729 Glencrest Drive Sachse, TX 4
    • 5 beds 4 baths ∙ 3,597 Sqft ∙ Built 2007 5 beds 4 baths ∙ 3,597 Sqft ∙ Built 2007
    LEASED 01/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $3,040
    • $0.85
    •  
  • 6312 Lakecrest Drive Sachse, TX 5
    • 5 beds 4 baths ∙ 3,894 Sqft ∙ Built 2013 5 beds 4 baths ∙ 3,894 Sqft ∙ Built 2013
    LEASED 07/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,045
    • $0.78
    •  
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 #: 14518531
Last Updated: 02/13/2021
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