1505 ELM ST APT 803

Blueprint2,045 SF
3
2.5
1957
N/A
CAP RATE
-
CoC
-
IRR
-

Property Value

Purchase Price

{{ currency(totalInvestment) }}

Total Investment Initial Investment
Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}
PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}
Blueprint2,045 SF
3
2.5
1957
N/A
Main Street District
Proposed Cost {{currency(calcParams.purchaseprice)}}
EoY {{ property?.facts?.year }} Value {{ currency(propertyValueRaw, 0, '-') }}
Total Monthly Rent {{ currency(unitsTotalRentalRate) }}
Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(strRentalRate, 0, '-') }}
Rental Rate {{ currency(monthlyRental, 0, '-') }}
AUTO
-
{{ firstProformaYearRaw.fiscalYear }}
 
-
CAP RATE
-
{{ firstProformaYearRaw.fiscalYear }}
 
-
CoC
-
{{ topIRRYear }}
 
{{ percent(topIRR, 1) }}
IRR
Great! Schools
-
-
-
-
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

{{ currency(totalInvestment, 0, '-') }}

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Property Description Source: Local Dwelling

Iconic George Dahl designed building.Rich hardwoods in a boutique condo (69 individually owned residences) in the Heart of Downtown. Largest floor plan with 2 Master Bdrms, Den-Office or 3rd interior bdrm, 2.5 baths.Enjoy 24 hr courtesy desk and 24 hr valet parking for residents and up to 5 guests with no tipping.HOA includes all utilities except interior electric.Residents will Contract with AT&T for Internet & TV(Fiber Optics).Common area updates ongoing paid with reserve funds.New Fitness Center completed.Gorgeous downtown views across from the $460,000,000 redeveloped First National Bank now the National Residences and Thompson Hotel.Dine @ Monarch on 48 or Kessaku on 49!Other nearby Hotels-The Joule, Adolphus and Westin with dining at Campisi's,Sassetta,Dakota's & Tower Club.Visit the nearby Arts District and fun spots Like City Tavern and AT&T Discovery District 2 blocks away.Shop Neiman Marcus Flagship on Main and convenient grocery shopping.Akard Dart Station across the street.

Virtual Tour Link
Avatar
Listing Agent: Steve Shepherd
Broker Phone: 214-522-9100
Broker: Local Dwelling
NTREIS
North Texas Real Estate information Services
List Price: $399,900
List date: 04/12/2024
Days on Rescover: 24
MLS Source: NTREIS
MLS Number: 20587188
MLS Data Sync: 5/6/2024 11:04 AM CDT

Income & Expenses

INE chart
  • Effective Rental Income
  • Total Expenses
  • Annual Cash Flow

Internal Rate of Return

IRR chart
  • Internal Rate of Return

Cash on Cash Return

CoC chart
  • Cash on Cash
  • Return on Equity

Projected Accumulation of Wealth

Wealth chart
  • Cumulative Cash Flow
  • Initial Equity
  • Net Appreciation
  • Principal Reduction

Owl School Information

Schools

View detailed school information
with a Free account!

Activate School Data!

Learn more about school information
Retrieving Schools
GreatSchools Rating
GreatSchools
Rating
{{elementary.rating}} /10
{{elementary.district_name}} {{elementary.street}}
GRADES
{{elementary.level}}
TYPE
{{elementary.type}}
STUDENTS
{{number(elementary.census.enrollment.value)}}
STUDENTS PER TEACHER
{{elementary.census.studentTeacherRatio.value}}
3+ YEAR TEACHERS
{{elementary.census.percentageTeachers3PlusYearsExperience.value}}%
REDUCED LUNCH
{{elementary.census.percentFreeReducedLunch.value}}%
GreatSchools Rating
GreatSchools
Rating
{{intermediate.rating}} /10
{{intermediate.district_name}} {{intermediate.street}}
GRADES
{{intermediate.level}}
TYPE
{{intermediate.type}}
STUDENTS
{{number(intermediate.census.enrollment.value)}}
STUDENTS PER TEACHER
{{intermediate.census.studentTeacherRatio.value}}
3+ YEAR TEACHERS
{{intermediate.census.percentageTeachers3PlusYearsExperience.value}}%
REDUCED LUNCH
{{intermediate.census.percentFreeReducedLunch.value}}%
GreatSchools Rating
GreatSchools
Rating
{{jrHigh.rating}} /10
{{jrHigh.district_name}}
{{jrHigh.street}}
GRADES
{{jrHigh.level}}
TYPE
{{jrHigh.type}}
STUDENTS
{{number(jrHigh.census.enrollment.value)}}
STUDENTS PER TEACHER
{{jrHigh.census.studentTeacherRatio.value}}
3+ YEAR TEACHERS
{{jrHigh.census.percentageTeachers3PlusYearsExperience.value}}%
REDUCED LUNCH
{{jrHigh.census.percentFreeReducedLunch.value}}%
GreatSchools Rating
GreatSchools
Rating
{{high.rating}} /10
{{high.district_name}}
{{high.street}}
GRADES
{{high.level}}
TYPE
{{high.type}}
STUDENTS
{{number(high.census.enrollment.value)}}
STUDENTS PER TEACHER
{{high.census.studentTeacherRatio.value}}
3+ YEAR TEACHERS
{{high.census.percentageTeachers3PlusYearsExperience.value}}%
REDUCED LUNCH
{{high.census.percentFreeReducedLunch.value}}%

No Schools Information Found

Financial Model Parameters

Leasing and Resale Expenses Make-ready and Stabilization Vacancy
Purchase Price & Rental Rate
$
$
$
$
$
Loan Amount
Loan Details
%
%
Make-Ready and Stabilization
$
$
Short Term Make-Ready and Stabilization
$
$
Short Term Occupancy
Annual Expenses
%
%
$
$
$
$
Short Term Operating Expenses
%
$
$
$
$
$
$
$
Leasing and Resale Expenses
%
%
%
Management Expenses
$ %
{{ currency(calcParams.managementfee * monthlyRental) }}
Management, Leasing, and Resale Expenses
%
%
%
Inflation and Appreciation
%
%
%
Short Term Inflation and Appreciation
%
%
%
Changes will display on this page, but will not be saved to your user account until you click "Save Changes".
DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.

Offcanvas with body scrolling