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6925 White River Drive 
Fort Worth, TX
76179
4 Beds 2 Baths 2,190 sqft
Built 2010
INVESTimate
$279,900
List Price
$79,924
REQUEST INFO
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PROPERTY INFO
FACTS
- Built In 2010
- Price/Sqft : $127.81
- 2 Days on Market
- MLS # : 14420513
- Updated Date : 08/25/2020 at 22:00
CONSTRUCTION
- Beds : 4
- Floor Size : 2,190 sqft
- Baths : 2 full
Listing Agent
Century 21 Judge Fite Co.
Listing Agent's Description
WOW! A BEAUTIFUL ONE OWNER'S HOME WITH PRIDE!! FROM THE DRIVE UP LANDSCAPING TO INSIDE WITH WARM COLORS THROUGHOUT OFFERS, OPEN FLOORPLAN,SPLIT ARRANGEMENT,4TH BEDROOM COULD BE USED AS FLEX ROOM, LARGE CERAMIC TILE FLOORING ENTRYWAY,TREY CEILING,EXTRA CUSTOM OAK CABINETS IN KITCHEN PLUS AN ISLAND,GRANITE COUNTERTOPS,GAS STOVE,BUILT DESK AND UPGRADED PANTRY,LIVINGROOM WITH WOOD LIKE TILE, STONE GAS FIREPLACE,LARGE MASTRBEDR & BATH WITH OVERSIZED WALK IN SHOWER,WALK IN CLOSET,DUAL SINKS WITH VANITY,GARDEN TUB,COVERED PATIO FOR YOUR TEXAS BBQ'S. CLOSE TO SCHOOLS,SHOPPING,DINING,FRWYS AND DOWNTOWN FOR YOUR ENTERTAINMENT BUYER & AGENT TO VERIFY SCHOOLS, ALL INFORMATION ON THIS LISTING.
SEE MORE
- . 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: Eagle Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Eagle Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,740 |
| EXPENSES | Loan Payment | -$1,033 |
| Property Tax | -$642 | |
| Property Insurance | -$154 | |
| HOA | -$21 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$208
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.
$279,900
PROJECTED PRICE
$1,740
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.94% |
| Appreciation Year (1-5) | 7.25% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.93% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$79,924
LOAN DETAILS
$1,033
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $69,975 |
| Loan Amount | $209,925 |
1.33
YEARS SAVED
$2,199
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,740
LIST RENT -
$0.79
LIST RENT PER SQFT
-
$1,796
COMP ESTIMATED VALUE -
$0.82
COMP AVG. RENT PER SQFT
Comps Range
-
6925 White River Drive Fort Worth, TX 4
- 4 beds 2 baths ∙ 2,190 Sqft ∙ Built 2010 4 beds 2 baths ∙ 2,190 Sqft ∙ Built 2010
![property image]()
- Rent
- Rent Per SQFT
- $1,740
- $0.79
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7109 Little Mohican Drive Fort Worth, TX 1
- 3 beds 2 baths ∙ 1,945 Sqft ∙ Built 2006 3 beds 2 baths ∙ 1,945 Sqft ∙ Built 2006
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LEASED 01/31/20- Rent
- Rent Per SQFT
- $1,525
- $0.78
-
6512 Chalk River Drive Fort Worth, TX 2
- 4 beds 2 baths ∙ 2,028 Sqft ∙ Built 2004 4 beds 2 baths ∙ 2,028 Sqft ∙ Built 2004
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LEASED 11/13/19- Rent
- Rent Per SQFT
- $1,595
- $0.79
-
6905 Canyon Rim Drive Fort Worth, TX 3
- 4 beds 2 baths ∙ 1,845 Sqft ∙ Built 2005 4 beds 2 baths ∙ 1,845 Sqft ∙ Built 2005
![property image]()
LEASED 11/24/19- Rent
- Rent Per SQFT
- $1,595
- $0.86
-
7341 Chambers Lane Fort Worth, TX 5
- 4 beds 2 baths ∙ 2,172 Sqft ∙ Built 2003 4 beds 2 baths ∙ 2,172 Sqft ∙ Built 2003
![property image]()
LEASED 05/01/20- Rent
- Rent Per SQFT
- $1,845
- $0.85
PROPERTY LISTING DETAILS
Century 21 Judge Fite Co.
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14420513
Last Updated: 08/25/2020
