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PROPERTY INFO
FACTS
- Single Family
- Built In 2021
- Price/Sqft : $185.86
- 2 Days on Market
- MLS # : 14519960
- Updated Date : 02/20/2021 at 19:00
CONSTRUCTION
- Beds : 3
- Floor Size : 1,870 sqft
- Baths : 2 full
Listing Agent
Homesusa.com
Listing Agent's Description
MLS# 14519960 - Built by Windsor Homes - September completion! ~ Beautiful Brick and Stone Exterior, 10 Ft. Tall Ceilings with 8 Ft. Tall Doors 3-Beds 2-Baths, Gourmet Kitchen with Double Ovens, Gas Cook-top, Granite Tops, Gas Log Fireplace, Decorative Light Pkg, Wood and Tile Floors, Large covered Patio Oversized 2.5 Car Garage and so much more
SEE MORE
- 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)
- . 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)
PRICE & RENT TRENDS
Zip Code: 75409
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 75409
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,930 |
| EXPENSES | Loan Payment | -$1,207 |
| Property Tax | -$700 | |
| Property Insurance | -$135 | |
| HOA | -$50 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$261
|
||
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.
$347,553
PROJECTED PRICE
$1,930
PROJECTED RENT
0.56%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.94% |
| Appreciation Year (1-5) | 9.7% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.93% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$94,102
LOAN DETAILS
$1,207
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $86,888 |
| Loan Amount | $260,665 |
1.17
YEARS SAVED
$1,918
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,930
LIST RENT -
$1.03
LIST RENT PER SQFT
-
$1,964
COMP ESTIMATED VALUE -
$1.05
COMP AVG. RENT PER SQFT
Comps Range
-
905 Amy Boulevard Anna, TX 3
- 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 2021 3 beds 2 baths ∙ 1,870 Sqft ∙ Built 2021
![property image]()
- Rent
- Rent Per SQFT
- $1,930
- $1.03
-
420 Cowboy Way Anna, TX 1
- 4 beds 2 baths ∙ 1,677 Sqft ∙ Built 2020 4 beds 2 baths ∙ 1,677 Sqft ∙ Built 2020
![property image]()
LEASED 09/15/20- Rent
- Rent Per SQFT
- $1,800
- $1.07
-
2617 Hillrich Drive Anna, TX 2
- 3 beds 2 baths ∙ 1,868 Sqft ∙ Built 2017 3 beds 2 baths ∙ 1,868 Sqft ∙ Built 2017
![property image]()
LEASED 04/23/20- Rent
- Rent Per SQFT
- $1,850
- $0.99
-
1200 Sharp Anna, TX 4
- 4 beds 2 baths ∙ 1,983 Sqft ∙ Built 2020 4 beds 2 baths ∙ 1,983 Sqft ∙ Built 2020
![property image]()
LEASED 01/24/21- Rent
- Rent Per SQFT
- $2,100
- $1.06
-
1233 Sharp Street Anna, TX 5
- 4 beds 3 baths ∙ 1,942 Sqft ∙ Built 2021 4 beds 3 baths ∙ 1,942 Sqft ∙ Built 2021
![property image]()
LEASED 02/10/21- Rent
- Rent Per SQFT
- $2,100
- $1.08
PROPERTY LISTING DETAILS
Homesusa.com
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14519960
Last Updated: 02/20/2021
