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4086 Navarro Way Frisco, TX 75034

3 Beds 3 Baths 2,319 sqft Built 2000

$420,000

List Price

$2,320

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

November 12, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $181.11
  • 4 Days on Market
  • MLS # : 14469187
  • Updated Date : 11/13/2020 at 10:43
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,319 sqft
  • Baths : 2 full , 1 half
Listing Agent

Ebby Halliday, Realtors-frisco

Listing Agent's Description

Multiple offers, highest & best by Sunday at 10pm. Enjoy easy living in this beautiful 1.5 story patio home in the heart of W Frisco! Warm tones of hardwood floors throughout are reflected from designer lightening. Gather with family & friends in updated kitchen that opens to family room or head up to the 2nd floor game room for your favorite movie. Retire to the master suite sitting area or immerse yourself in the luxurious master bath. Custom designed master closet accommodates every accessory! Unwind on the patio with soothing water feature or create delicious BBQ on the built in grill. 3 car tandem garage. Fabulous location near major highways, restaurants and entertainment venues. List of updates attached.

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

Neighborhood: Stewart Creek Estates

NeighborhoodNIR Market*CityMarket2010Year20002019140k160k180k200k220k240k260k280k300k320k340k360k380k400k420kPrice in $123k434k

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

Neighborhood: Stewart Creek Estates

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600Rent in $11262614

* 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
William And Abbie Allen Elementary School Primary Regular 614 39 8
Lamar And Norma Hunt Middle School Middle Regular 785 54 NA
Frisco High School High Regular 2,136 146 8

William And Abbie Allen Elementary School

  • Education Level: Primary
  • # of students: 614
  • # of teachers: 39
8
GreatSchools Rating

Lamar And Norma Hunt Middle School

  • Education Level: Middle
  • # of students: 785
  • # of teachers: 54
NA
GreatSchools Rating

Frisco High School

  • Education Level: High
  • # of students: 2,136
  • # of teachers: 146
8
GreatSchools Rating
 

$378,000$462,000$420,000

PURCHASE PRICE

$2,088$2,552$2,320

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,320
EXPENSES Loan Payment -$1,550
Property Tax -$739
Property Insurance -$161
HOA -$30
Property Management Fees -$99
CASH FLOW
-$259

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.

$420,000

PROJECTED PRICE

$2,320

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.94%
Appreciation Year (1-5) 4.8%
Maintenance Year (1-5) 8.00%
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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$117,050

INVESTMENT

$117,050

Down Payment
$105,000
Rehab Estimate
$5,750
Closing Costs
$6,300

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,550

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $105,000
Loan Amount $315,000
See What Happens When You Reinvest Cash Flow

1.92

YEARS SAVED

$6,379

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,320

    LIST RENT
  • $1

    LIST RENT PER SQFT
  • $2,319

    COMP ESTIMATED VALUE
  • $1

    COMP AVG. RENT PER SQFT
Comps Range
$2,100
1$2,1002$2,2003$2,2004$2,3205$2,500
$2,500
RENT COMPS ANALYSIS
  • 4086 Navarro Way Frisco, TX 4
    • 3 beds 3 baths ∙ 2,319 Sqft ∙ Built 2000 3 beds 3 baths ∙ 2,319 Sqft ∙ Built 2000
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,320
    • $1.00
    •  
  • 4019 Navarro Way Frisco, TX 1
    • 3 beds 3 baths ∙ 2,107 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,107 Sqft ∙ Built 2003
    property image
    LEASED 01/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.00
    •  
  • 4661 Hearthstone Drive Frisco, TX 2
    • 3 beds 3 baths ∙ 2,211 Sqft ∙ Built 2003 3 beds 3 baths ∙ 2,211 Sqft ∙ Built 2003
    property image
    LEASED 05/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.00
    •  
  • 4625 Rock Creek Lane Frisco, TX 3
    • 3 beds 3 baths ∙ 2,211 Sqft ∙ Built 2002 3 beds 3 baths ∙ 2,211 Sqft ∙ Built 2002
    property image
    LEASED 05/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $1.00
    •  
  • 3594 Lincoln Drive Frisco, TX 5
    • 3 beds 3 baths ∙ 2,488 Sqft ∙ Built 2001 3 beds 3 baths ∙ 2,488 Sqft ∙ Built 2001
    property image
    LEASED 07/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $1.00
    •  
PROPERTY LISTING DETAILS
Angel Willeford
Ebby Halliday, Realtors-frisco
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14469187
Last Updated: 11/13/2020
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