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6905 Vicuna Circle Sachse, TX 75048

4 Beds 5 Baths 3,236 sqft Built 2021

$549,825

List Price

$2,630

$2.4K - $2.9K

Rent Est.

PROPERTY INFO

Built 2021 NEW CONSTRUCTION
February 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2021
  • Price/Sqft : $169.91
  • 2 Days on Market
  • MLS # : 14518534
  • Updated Date : 02/13/2021 at 12:45
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,236 sqft
  • Baths : 3 full , 2 half
Listing Agent

Homesusa.com

Listing Agent's Description

MLS# 14518534 - Built by Windsor Homes - August completion! ~ This luxurious Windsor Homes two story floor plan has high end finishes, high ceilings and a nice back yard for entertaining. It sits on the Dallas County side of the Sable Hills community in Sachse.

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: 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
A.b. Harrison Intermediate School Primary Regular 658 39 8
Grady Burnett Junior High School Middle Regular 725 43 9
Wylie East High School High Regular 1,718 109 8

A.b. Harrison Intermediate School

  • Education Level: Primary
  • # of students: 658
  • # of teachers: 39
8
GreatSchools Rating

Grady Burnett Junior High School

  • Education Level: Middle
  • # of students: 725
  • # of teachers: 43
9
GreatSchools Rating

Wylie East High School

  • Education Level: High
  • # of students: 1,718
  • # of teachers: 109
8
GreatSchools Rating
 

$494,843$604,808$549,825

PURCHASE PRICE

$2,367$2,893$2,630

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,630
EXPENSES Loan Payment -$1,910
Property Tax -$1,300
Property Insurance -$214
HOA -$38
Property Management Fees -$99
CASH FLOW
-$930

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.

$549,825

PROJECTED PRICE

$2,630

PROJECTED RENT

0.48%

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

PROJECTED ANNUAL CASH FLOW

11530-$18k-$16k-$14k-$12k-$10k-$8.0k-$6.0k-$4.0k-$2.0k$0.0

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$147,704

INVESTMENT

$147,704

Down Payment
$137,456
Rehab Estimate
$2,000
Closing Costs
$8,247

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$1,910

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $137,456
Loan Amount $412,369
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$21

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,630

    LIST RENT
  • $0.81

    LIST RENT PER SQFT
  • $2,629

    COMP ESTIMATED VALUE
  • $0.81

    COMP AVG. RENT PER SQFT
Comps Range
$2,300
1$2,3002$2,3753$2,6304$2,8505$2,900
$2,900
RENT COMPS ANALYSIS
  • 6905 Vicuna Circle Sachse, TX 3
    • 4 beds 5 baths ∙ 3,236 Sqft ∙ Built 2021 4 beds 5 baths ∙ 3,236 Sqft ∙ Built 2021
    • Rent
    • Rent Per SQFT
    •  
    • $2,630
    • $0.81
    •  
  • 7234 Lake Hill Trail Sachse, TX 1
    • 4 beds 3 baths ∙ 2,984 Sqft ∙ Built 2008 4 beds 3 baths ∙ 2,984 Sqft ∙ Built 2008
    LEASED 11/05/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.77
    •  
  • 2004 E Fairway Winds Court Wylie, TX 2
    • 4 beds 3 baths ∙ 2,895 Sqft ∙ Built 2012 4 beds 3 baths ∙ 2,895 Sqft ∙ Built 2012
    LEASED 10/25/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,375
    • $0.82
    •  
  • 3605 Mohan Court Sachse, TX 4
    • 5 beds 3 baths ∙ 3,347 Sqft ∙ Built 2017 5 beds 3 baths ∙ 3,347 Sqft ∙ Built 2017
    LEASED 09/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.85
    •  
  • 7823 Meadow Glen Drive Sachse, TX 5
    • 5 beds 4 baths ∙ 3,575 Sqft ∙ Built 2006 5 beds 4 baths ∙ 3,575 Sqft ∙ Built 2006
    LEASED 06/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $0.81
    •  
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 #: 14518534
Last Updated: 02/13/2021
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