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4033 Fox Trotter Drive Aubrey, TX 76227

4 Beds 3 Baths 2,853 sqft Built 2020

$413,318

List Price

$2,700

$2.5K - $3K

Rent Est.

PROPERTY INFO

Built 2020 NEW CONSTRUCTION
November 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2020
  • Price/Sqft : $144.87
  • 6 Days on Market
  • MLS # : 14469232
  • Updated Date : 11/10/2020 at 19:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,853 sqft
  • Baths : 3 full
Listing Agent

David M. Weekley

Listing Agent's Description

NEW DAVID WEEKLEY HOME! Perfect home to enjoy the luxury of Sandbrock Ranch. Entertain friends and family in open kitchen-dining-family or take the fun outside to relax and enjoy outdoors on the covered back porch. Send the kids up to their over-sized bedrooms and gigantic game room or enjoy a family movie in the media room then escape the day in the extended owner's retreat complete with oversized shower. Ask about our 1-2-10 Year Warranty and SAVE BIG with our Energy Saver Program!

SEE MORE

MARKET HIGHLIGHTS

  • . 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

Zip Code: 76227

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $117k336k

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

Zip Code: 76227

ZipNIR Market*CityMarket2010Year20002019 Q21200130014001500160017001800190020002100Rent in $11262171

* 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
Savannah Elementary School Primary Regular 640 42 6
Navo Middle School Middle Regular 1,077 65 7
Denton High School High Regular 2,166 140 6

Savannah Elementary School

  • Education Level: Primary
  • # of students: 640
  • # of teachers: 42
6
GreatSchools Rating

Navo Middle School

  • Education Level: Middle
  • # of students: 1,077
  • # of teachers: 65
7
GreatSchools Rating

Denton High School

  • Education Level: High
  • # of students: 2,166
  • # of teachers: 140
6
GreatSchools Rating
 

$371,986$454,650$413,318

PURCHASE PRICE

$2,430$2,970$2,700

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,700
EXPENSES Loan Payment -$1,525
Property Tax -$884
Property Insurance -$192
HOA -$65
Property Management Fees -$99
CASH FLOW
-$65

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$413,318

PROJECTED PRICE

$2,700

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 7.6%
Maintenance Year (1-5) 3.00%
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$111,529

INVESTMENT

$111,529

Down Payment
$103,330
Rehab Estimate
$2,000
Closing Costs
$6,200

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,525

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $103,330
Loan Amount $309,989
See What Happens When You Reinvest Cash Flow

3.58

YEARS SAVED

$16,541

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,700

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $2,696

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$2,300
1$2,3002$2,3003$2,4504$2,7005$2,800
$2,800
RENT COMPS ANALYSIS
  • 4033 Fox Trotter Drive Aubrey, TX 4
    • 4 beds 3 baths ∙ 2,853 Sqft ∙ Built 2020 4 beds 3 baths ∙ 2,853 Sqft ∙ Built 2020
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.95
    •  
  • 6028 Liverpool Street Celina, TX 1
    • 3 beds 2 baths ∙ 2,598 Sqft ∙ Built 2020 3 beds 2 baths ∙ 2,598 Sqft ∙ Built 2020
    LEASED 08/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.89
    •  
  • 4512 Westminster Avenue Celina, TX 2
    • 4 beds 4 baths ∙ 2,627 Sqft ∙ Built 2020 4 beds 4 baths ∙ 2,627 Sqft ∙ Built 2020
    LEASED 09/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.88
    •  
  • 4523 Westminster Avenue Celina, TX 3
    • 4 beds 4 baths ∙ 2,602 Sqft ∙ Built 2020 4 beds 4 baths ∙ 2,602 Sqft ∙ Built 2020
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.94
    •  
  • 2733 Ryder Lane Aubrey, TX 5
    • 4 beds 3 baths ∙ 2,628 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,628 Sqft ∙ Built 2018
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.07
    •  
PROPERTY LISTING DETAILS
Jimmy Rado
David M. Weekley
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14469232
Last Updated: 11/10/2020
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