Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

9512 Daly Drive Plano, TX 75025

4 Beds 3 Baths 3,161 sqft Built 1997

$415,000

List Price

$2,430

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $131.29
  • 3 Days on Market
  • MLS # : 14507932
  • Updated Date : 02/05/2021 at 12:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,161 sqft
  • Baths : 3 full
Listing Agent

Longmire Group

Listing Agent's Description

Light & bright entry greets you in this exquisite 4 bed, 3 three bath home that boasts three living areas with double story back patio, and room to spare! This beautiful home boasts a Light and Bright Open Living Space, Wood Floors, Gourmet Kitchen with Granite Countertop. Luxurious Master Bedroom with Ensuite Master Bath to Relax away your troubles! Spacious Study and Formal Dining Room off Gorgeous Vaulted Foyer. Home is Perfect for Entertaining with Large Game or Media Room Upstairs. Incredible Backyard with Ample Green Space and Patios in Sun and Shade to Play or Entertain in All Seasons.

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: Ridgeview Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $123k394k

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

Neighborhood: Ridgeview Ranch

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100220023002400Rent in $11262439

* 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
Naoma And M. Allen Anderson Elementary School Primary Regular 684 41 10
Billy Vandeventer Middle School Middle Unknown NA
Liberty High School High Regular 2,039 137 9

Naoma And M. Allen Anderson Elementary School

  • Education Level: Primary
  • # of students: 684
  • # of teachers: 41
10
GreatSchools Rating

Billy Vandeventer Middle School

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

Liberty High School

  • Education Level: High
  • # of students: 2,039
  • # of teachers: 137
9
GreatSchools Rating
 

$373,500$456,500$415,000

PURCHASE PRICE

$2,187$2,673$2,430

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,430
EXPENSES Loan Payment -$1,441
Property Tax -$706
Property Insurance -$210
HOA -$42
Property Management Fees -$99
CASH FLOW
-$69

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.

$415,000

PROJECTED PRICE

$2,430

PROJECTED RENT

0.59%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 6.5%
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$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$115,725

INVESTMENT

$115,725

Down Payment
$103,750
Rehab Estimate
$5,750
Closing Costs
$6,225

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,441

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $103,750
Loan Amount $311,250
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$14,187

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,430

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $2,513

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$2,430
1$2,4302$2,4953$2,5504$2,5505$2,695
$2,695
RENT COMPS ANALYSIS
  • 9512 Daly Drive Plano, TX 1
    • 4 beds 3 baths ∙ 3,161 Sqft ∙ Built 1997 4 beds 3 baths ∙ 3,161 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $2,430
    • $0.77
    •  
  • 2705 Gull Lake Drive Plano, TX 2
    • 4 beds 3 baths ∙ 3,286 Sqft ∙ Built 2000 4 beds 3 baths ∙ 3,286 Sqft ∙ Built 2000
    LEASED 07/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,495
    • $0.76
    •  
  • 2908 Hagen Drive Plano, TX 3
    • 4 beds 3 baths ∙ 3,078 Sqft ∙ Built 1999 4 beds 3 baths ∙ 3,078 Sqft ∙ Built 1999
    LEASED 10/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $0.83
    •  
  • 9300 Daystar Drive Plano, TX 4
    • 4 beds 4 baths ∙ 3,279 Sqft ∙ Built 2000 4 beds 4 baths ∙ 3,279 Sqft ∙ Built 2000
    LEASED 09/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $0.78
    •  
  • 2537 Royal Birkdale Plano, TX 5
    • 4 beds 4 baths ∙ 3,311 Sqft ∙ Built 1998 4 beds 4 baths ∙ 3,311 Sqft ∙ Built 1998
    LEASED 03/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,695
    • $0.81
    •  
PROPERTY LISTING DETAILS
Cody Longmire
Longmire Group
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14507932
Last Updated: 02/05/2021
BESbswy