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9100 Sun Haven Way Fort Worth, TX 76244

3 Beds 3 Baths 2,062 sqft Built 2011

$260,000

List Price

$1,740

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $126.09
  • 4 Days on Market
  • MLS # : 14528452
  • Updated Date : 03/20/2021 at 09:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,062 sqft
  • Baths : 2 full , 1 half
Listing Agent

Re/max Trinity

Listing Agent's Description

Recently remodeled 3 bed, 2 and half bath home in Valley Brook. The first floor offers a great open concept suitable for your family and entertainment, with a beautiful fireplace, decorative lightning, granite countertops and stainless steel appliances. All bedrooms up including a spacious game room. The extensive yard offers plenty of space for kids, pets and more!! Make this house your home before it's too late!! ***Professional pics coming soon***

SEE MORE

MARKET HIGHLIGHTS

  • 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

Neighborhood: Valley Brook

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $104k336k

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

Neighborhood: Valley Brook

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9192171

* 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
Friendship Elementary School Primary Regular 545 38 7
Central High School High Regular 2,573 140 8
Central High School High Unknown NA

Friendship Elementary School

  • Education Level: Primary
  • # of students: 545
  • # of teachers: 38
7
GreatSchools Rating

Central High School

  • Education Level: High
  • # of students: 2,573
  • # of teachers: 140
8
GreatSchools Rating

Central High School

  • Education Level: High
  • # of students:
  • # of teachers:
NA
GreatSchools Rating
 

$234,000$286,000$260,000

PURCHASE PRICE

$1,566$1,914$1,740

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,740
EXPENSES Loan Payment -$903
Property Tax -$596
Property Insurance -$146
HOA -$29
Property Management Fees -$99
CASH FLOW
-$33

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.

$260,000

PROJECTED PRICE

$1,740

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 8.5%
Maintenance Year (1-5) 8.00%
Vacancy 6.93%
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$900k

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$74,650

INVESTMENT

$74,650

Down Payment
$65,000
Rehab Estimate
$5,750
Closing Costs
$3,900

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$903

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $65,000
Loan Amount $195,000
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$8,272

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
  • $0.84

    LIST RENT PER SQFT
  • $1,876

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$1,740
1$1,7402$1,7453$1,7504$1,7905$1,850
$1,850
RENT COMPS ANALYSIS
  • 9100 Sun Haven Way Fort Worth, TX 1
    • 3 beds 3 baths ∙ 2,062 Sqft ∙ Built 2011 3 beds 3 baths ∙ 2,062 Sqft ∙ Built 2011
    • Rent
    • Rent Per SQFT
    •  
    • $1,740
    • $0.84
    •  
  • 9136 Quarry Ridge Trail Fort Worth, TX 2
    • 3 beds 3 baths ∙ 2,068 Sqft ∙ Built 2010 3 beds 3 baths ∙ 2,068 Sqft ∙ Built 2010
    LEASED 06/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,745
    • $0.84
    •  
  • 9041 Sun Haven Way Fort Worth, TX 3
    • 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 2010 4 beds 3 baths ∙ 1,885 Sqft ∙ Built 2010
    LEASED 07/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,750
    • $0.93
    •  
  • 5709 Fountain Flat Drive Fort Worth, TX 4
    • 4 beds 2 baths ∙ 1,898 Sqft ∙ Built 2010 4 beds 2 baths ∙ 1,898 Sqft ∙ Built 2010
    LEASED 01/16/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,790
    • $0.94
    •  
  • 5809 Valley Haven Way Fort Worth, TX 5
    • 4 beds 2 baths ∙ 1,982 Sqft ∙ Built 2012 4 beds 2 baths ∙ 1,982 Sqft ∙ Built 2012
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.93
    •  
PROPERTY LISTING DETAILS
Omar Escalante Castro
Re/max Trinity
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14528452
Last Updated: 03/20/2021
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