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PROPERTY INFO
FACTS
- Single Family
- Built In 1995
- Price/Sqft : $180.07
- 3 Days on Market
- MLS # : 14493861
- Updated Date : 01/09/2021 at 21:19
CONSTRUCTION
- Beds : 4
- Floor Size : 2,499 sqft
- Baths : 2 full , 1 half
Listing Agent
Re/max Dfw Associates
Listing Agent's Description
Is this the one you have been looking for in a fabulous location? 4 Bdrm, 2.5 baths, 1 story home in VR with CoppellISD is ready for a new owner. Pride of ownership shows throughout the home. Spacious floorplan, fantastic updates, recent paint, granite counters, updated bath and oh so awesome master closet with a secret closet, Crown molding added in several spaces, plantations shutters, and hard to find 2499 sqft on 1 level. Fantastic backyard with a pool, gorgeous front yard landscaping, roof replaced in 2018, 21 SEER Lennox HVAC and so much more. Create extra space in the backyard by putting an electric gate on the driveway for the kids to play. Offer deadline is 8pm Sun. All info in Docs incl instructions
SEE MORE
- # 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)
- . Dallas has 7th largest concentration of high-tech jobs in the U.S. (Dallas Chamber)
PRICE & RENT TRENDS
Neighborhood: Hollows of Valley Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Hollows of Valley Ranch
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,490 |
| EXPENSES | Loan Payment | -$1,563 |
| Property Tax | -$994 | |
| Property Insurance | -$172 | |
| HOA | -$41 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$379
|
||
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.
$450,000
PROJECTED PRICE
$2,490
PROJECTED RENT
0.55%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.94% |
| Appreciation Year (1-5) | 5.3% |
| Maintenance Year (1-5) | 8.00% |
| 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
$125,000
LOAN DETAILS
$1,563
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $112,500 |
| Loan Amount | $337,500 |
0.67
YEARS SAVED
$1,366
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,490
LIST RENT -
$1
LIST RENT PER SQFT
-
$2,499
COMP ESTIMATED VALUE -
$1
COMP AVG. RENT PER SQFT
Comps Range
-
9515 Windy Hollow Drive Irving, TX 1
- 4 beds 3 baths ∙ 2,499 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,499 Sqft ∙ Built 1995
- Rent
- Rent Per SQFT
- $2,490
- $1.00
-
9615 Windy Hollow Drive Irving, TX 2
- 4 beds 3 baths ∙ 2,541 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,541 Sqft ∙ Built 1993
LEASED 07/10/20- Rent
- Rent Per SQFT
- $2,495
- $0.98
-
9507 Windy Hollow Drive Irving, TX 3
- 4 beds 3 baths ∙ 2,492 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,492 Sqft ∙ Built 1993
LEASED 10/11/20- Rent
- Rent Per SQFT
- $2,550
- $1.02
-
9709 Raven Lane Irving, TX 4
- 4 beds 3 baths ∙ 2,621 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,621 Sqft ∙ Built 1996
LEASED 09/04/20- Rent
- Rent Per SQFT
- $2,600
- $0.99
-
9506 Windyhollow Drive Irving, TX 5
- 4 beds 3 baths ∙ 2,621 Sqft ∙ Built 1996 4 beds 3 baths ∙ 2,621 Sqft ∙ Built 1996
LEASED 08/10/20- Rent
- Rent Per SQFT
- $2,650
- $1.01
PROPERTY LISTING DETAILS
Re/max Dfw Associates
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14493861
Last Updated: 01/09/2021
