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4507 4507 Ebony Sky Trail Arlington, TX 76005

3 Beds 3 Baths 2,565 sqft Built 2019

$450,000

List Price

$2,220

$2K - $2.4K

Rent Est.

PROPERTY INFO

Built 2019 NEW CONSTRUCTION
November 27, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $175.44
  • 3 Days on Market
  • MLS # : 14477700
  • Updated Date : 11/27/2020 at 13:40
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,565 sqft
  • Baths : 3 full
Listing Agent

Anycenter Realty

Listing Agent's Description

This Elegant Tudor Elevation Home has 3 bedrooms, 3 full baths, 2 car garage with extra storage space & oversized game room. The open concept floor plan is very inviting with wood floors in the entry, family, dining & kitchen. The kitchen rounds out this great space for entertaining with granite counter tops, extended island & SS appliances. The master suite includes a spa like bathroom with separate garden tub and oversized shower with seat, quartz counter tops & expansive closet. Custom Cabinets in living, Plantation shutters throughout home, Golf Play in backyard, Fire Suppression, Epoxy flooring in Garage and lot of upgrades. Great Community amenities; 5 pools, tennis courts, walking trails, a MUST SEE!!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • . 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)

PRICE & RENT TRENDS

Zip Code: 76005

ZipNIR Market*CityMarket2010Year20002019100k150k200k250k300k350k400kPrice in $88k419k

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

Zip Code: 76005

ZipNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9451734

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$405,000$495,000$450,000

PURCHASE PRICE

$1,998$2,442$2,220

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,220
EXPENSES Loan Payment -$1,660
Property Tax -$974
Property Insurance -$175
HOA -$128
Property Management Fees -$99
CASH FLOW
-$817

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.

$450,000

PROJECTED PRICE

$2,220

PROJECTED RENT

0.49%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.74%
Appreciation Year (1-5) 4.7%
Maintenance Year (1-5) 3.00%
Vacancy 6.69%
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-$14k-$12k-$10k-$8.0k-$6.0k-$4.0k-$2.0k$0.0

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$121,250

INVESTMENT

$121,250

Down Payment
$112,500
Rehab Estimate
$2,000
Closing Costs
$6,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$1,660

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $112,500
Loan Amount $337,500
See What Happens When You Reinvest Cash Flow

-0.08

YEARS SAVED

-$22

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,220

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $2,238

    COMP ESTIMATED VALUE
  • $0.87

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,2003$2,2204$2,4005$2,550
$2,550
RENT COMPS ANALYSIS
  • 4507 4507 Ebony Sky Trail Arlington, TX 3
    • 3 beds 3 baths ∙ 2,565 Sqft ∙ Built 2019 3 beds 3 baths ∙ 2,565 Sqft ∙ Built 2019
    • Rent
    • Rent Per SQFT
    •  
    • $2,220
    • $0.87
    •  
  • 3666 Smoke Tree Trail Fort Worth, TX 1
    • 3 beds 3 baths ∙ 2,283 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,283 Sqft ∙ Built 1999
    LEASED 06/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.85
    •  
  • 13325 Vista Glen Lane Fort Worth, TX 2
    • 4 beds 3 baths ∙ 2,635 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,635 Sqft ∙ Built 2004
    LEASED 05/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,200
    • $0.83
    •  
  • 12920 Peach Tree Way Fort Worth, TX 4
    • 4 beds 3 baths ∙ 2,660 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,660 Sqft ∙ Built 1999
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.90
    •  
  • 12821 Peach Tree Way Fort Worth, TX 5
    • 4 beds 3 baths ∙ 2,792 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,792 Sqft ∙ Built 1999
    LEASED 10/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $0.91
    •  
PROPERTY LISTING DETAILS
Sesha Gorantla
Anycenter Realty
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14477700
Last Updated: 11/27/2020
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