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8909 Guard Hill Drive 
Fort Worth, TX
76123
4 Beds 2 Baths 1,771 sqft
Built 2014
INVESTimate
$230,000
List Price
$66,700
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PROPERTY INFO
FACTS
- Built In 2014
- Price/Sqft : $129.87
- 2 Days on Market
- MLS # : 14420648
- Updated Date : 08/25/2020 at 23:55
CONSTRUCTION
- Beds : 4
- Floor Size : 1,771 sqft
- Baths : 2 full
Listing Agent
Charitable Realty
Listing Agent's Description
Beautiful all brick exterior with custom landscape welcome you through the storm door into this open concept 4.2.2. The large living is open to kitchen for entertaining. The beautiful kitchen boasts custom cabinetry and a large granite island with room for bar seating. The morning room has direct access to the covered patio and large yard. The master en suite has raised ceiling, huge walk in shower and large closet. The split bed layout allows for privacy. All secondary beds have large closets.
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: Creekside Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Creekside Estates
* 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 | $1,470 |
| EXPENSES | Loan Payment | -$849 |
| Property Tax | -$527 | |
| Property Insurance | -$130 | |
| HOA | -$12 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$146
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.
$230,000
PROJECTED PRICE
$1,470
PROJECTED RENT
0.64%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.78% |
| Appreciation Year (1-5) | 7.35% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.39% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$66,700
LOAN DETAILS
$849
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $57,500 |
| Loan Amount | $172,500 |
1.58
YEARS SAVED
$2,718
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,470
LIST RENT -
$0.83
LIST RENT PER SQFT
-
$1,603
COMP ESTIMATED VALUE -
$0.91
COMP AVG. RENT PER SQFT
Comps Range
-
8909 Guard Hill Drive Fort Worth, TX 2
- 4 beds 2 baths ∙ 1,771 Sqft ∙ Built 2014 4 beds 2 baths ∙ 1,771 Sqft ∙ Built 2014
![property image]()
- Rent
- Rent Per SQFT
- $1,470
- $0.83
-
2521 Clarks Mill Lane Fort Worth, TX 1
- 3 beds 2 baths ∙ 1,701 Sqft ∙ Built 2016 3 beds 2 baths ∙ 1,701 Sqft ∙ Built 2016
![property image]()
LEASED 09/09/19- Rent
- Rent Per SQFT
- $1,450
- $0.85
-
9109 Abaco Way Fort Worth, TX 3
- 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 2015 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 2015
![property image]()
LEASED 10/03/19- Rent
- Rent Per SQFT
- $1,565
- $0.92
-
9120 Abaco Way Fort Worth, TX 4
- 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 2016 4 beds 2 baths ∙ 1,705 Sqft ∙ Built 2016
![property image]()
LEASED 02/05/20- Rent
- Rent Per SQFT
- $1,565
- $0.92
-
8857 Poynter Street Fort Worth, TX 5
- 4 beds 2 baths ∙ 1,819 Sqft ∙ Built 2015 4 beds 2 baths ∙ 1,819 Sqft ∙ Built 2015
![property image]()
LEASED 11/19/19- Rent
- Rent Per SQFT
- $1,695
- $0.93
PROPERTY LISTING DETAILS
Charitable Realty
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14420648
Last Updated: 08/25/2020
