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3436 Mosswood Drive 
Plano, TX
75074
4 Beds 3 Baths 2,621 sqft
Built 2001
INVESTimate
$370,000
List Price
$103,800
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PROPERTY INFO
FACTS
- Built In 2001
- Price/Sqft : $141.17
- 2 Days on Market
- MLS # : 14403458
- Updated Date : 08/25/2020 at 22:00
CONSTRUCTION
- Beds : 4
- Floor Size : 2,621 sqft
- Baths : 2 full , 1 half
Listing Agent
Texas Home Realty & Mortgage
Listing Agent's Description
Wonderful two story home that you don't want to miss. Ideal for entertaining or just relaxing with the family. Entire 60 percent of house with hardwood floor as Formal dining, Study, Living area, Stairs, Gameroom up, Hall to Master and Master bedroom. Master suite down and split 3 bedrooms up and a warm living area up. Offer extra privacy study room down. The cook will absolutely love this warm kitchen with granite countertop open to the living down, gas cook-top with stainless steel appliances. Quiet neighborhood. Elementary school is across a minute from home. Minutes from US-75. HAVE TO SEE. THERE IS NO SIGN.
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: Timberbrook Estates
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Timberbrook 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 | $1,940 |
| EXPENSES | Loan Payment | -$1,365 |
| Property Tax | -$630 | |
| Property Insurance | -$179 | |
| HOA | -$39 | |
| Property Management Fees | -$99 | |
|
CASH FLOW
-$371
|
||
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.
$370,000
PROJECTED PRICE
$1,940
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.94% |
| Appreciation Year (1-5) | 7.51% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.93% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$103,800
LOAN DETAILS
$1,365
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $92,500 |
| Loan Amount | $277,500 |
0.67
YEARS SAVED
$1,161
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,940
LIST RENT -
$0.74
LIST RENT PER SQFT
-
$1,940
COMP ESTIMATED VALUE -
$0.74
COMP AVG. RENT PER SQFT
Comps Range
-
3436 Mosswood Drive Plano, TX 1
- 4 beds 3 baths ∙ 2,621 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,621 Sqft ∙ Built 2001
- Rent
- Rent Per SQFT
- $1,940
- $0.74
-
3104 Pataula Lane Plano, TX 2
- 4 beds 3 baths ∙ 2,769 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,769 Sqft ∙ Built 1997
LEASED 07/25/20- Rent
- Rent Per SQFT
- $1,950
- $0.70
-
6629 Pinebluff Drive Plano, TX 3
- 4 beds 3 baths ∙ 2,800 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,800 Sqft ∙ Built 1999
LEASED 09/12/19- Rent
- Rent Per SQFT
- $1,995
- $0.71
-
6712 Bankhead Lane Plano, TX 4
- 4 beds 4 baths ∙ 2,754 Sqft ∙ Built 1998 4 beds 4 baths ∙ 2,754 Sqft ∙ Built 1998
LEASED 07/01/20- Rent
- Rent Per SQFT
- $2,095
- $0.76
-
7004 Pensacola Drive Plano, TX 5
- 4 beds 3 baths ∙ 2,769 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,769 Sqft ∙ Built 2001
LEASED 07/29/20- Rent
- Rent Per SQFT
- $2,195
- $0.79
PROPERTY LISTING DETAILS
Texas Home Realty & Mortgage
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
MLS #: 14403458
Last Updated: 08/25/2020
