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6249 Aylworth Drive Frisco, TX 75035

4 Beds 4 Baths 3,605 sqft Built 2006

$475,000

List Price

$2,550

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $131.76
  • 4 Days on Market
  • MLS # : 14520658
  • Updated Date : 02/26/2021 at 15:23
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,605 sqft
  • Baths : 3 full , 1 half
Listing Agent

Coldwell Banker Apex, Realtors

Listing Agent's Description

Stunning home with fabulous floorplan with many recent updates including fresh interior paint, LVP flooring, carpet, and more. Vaulted ceilings; chef's kitchen with cabinets galore, island, and a separate planning station; windows throughout allowing the perfect natural lighting. Generously sized master suite with jetted tub, separate shower, and grand master closet. Open living space serves well as a home office. Formal dining room extends entertaining space off entryway. Loft gameroom upstairs for more casual living space. Generously sized secondary bedrooms. Bonus-media room with closet is versatile for use. Oversized 3 car garage includes a 9 X 5 storage area with shelving. Zoned for Liberty HS!

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: Turnbridge Manor

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $123k575k

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

Neighborhood: Turnbridge Manor

NeighborhoodNIR Market*CityMarket2010Year20002019 Q212001400160018002000220024002600280030003200Rent in $11263378

* 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
Bert And Eloise Isbell Elementary School Primary Regular 687 38 10
Billy Vandeventer Middle School Middle Unknown NA
Liberty High School High Regular 2,039 137 9

Bert And Eloise Isbell Elementary School

  • Education Level: Primary
  • # of students: 687
  • # of teachers: 38
10
GreatSchools Rating

Billy Vandeventer Middle School

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

Liberty High School

  • Education Level: High
  • # of students: 2,039
  • # of teachers: 137
9
GreatSchools Rating
 

$427,500$522,500$475,000

PURCHASE PRICE

$2,295$2,805$2,550

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,550
EXPENSES Loan Payment -$1,650
Property Tax -$942
Property Insurance -$236
HOA -$42
Property Management Fees -$99
CASH FLOW
-$418

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.

$475,000

PROJECTED PRICE

$2,550

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.00%
Appreciation Year (1-5) 4.3%
Maintenance Year (1-5) 8.00%
Vacancy 7.37%
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-$10k-$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$131,625

INVESTMENT

$131,625

Down Payment
$118,750
Rehab Estimate
$5,750
Closing Costs
$7,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$1,650

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $118,750
Loan Amount $356,250
See What Happens When You Reinvest Cash Flow

0.67

YEARS SAVED

$1,162

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,550

    LIST RENT
  • $0.71

    LIST RENT PER SQFT
  • $2,893

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$2,550
1$2,5502$2,6003$2,6004$2,8505$3,195
$3,195
RENT COMPS ANALYSIS
  • 6249 Aylworth Drive Frisco, TX 1
    • 4 beds 4 baths ∙ 3,605 Sqft ∙ Built 2006 4 beds 4 baths ∙ 3,605 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $0.71
    •  
  • 14572 Alstone Drive Frisco, TX 2
    • 5 beds 4 baths ∙ 3,415 Sqft ∙ Built 2005 5 beds 4 baths ∙ 3,415 Sqft ∙ Built 2005
    LEASED 05/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.76
    •  
  • 14948 Snowshill Drive Frisco, TX 3
    • 5 beds 4 baths ∙ 3,416 Sqft ∙ Built 2003 5 beds 4 baths ∙ 3,416 Sqft ∙ Built 2003
    LEASED 11/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,600
    • $0.76
    •  
  • 6452 Kiest Forest Drive Frisco, TX 4
    • 5 beds 4 baths ∙ 3,462 Sqft ∙ Built 2004 5 beds 4 baths ∙ 3,462 Sqft ∙ Built 2004
    LEASED 07/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $0.82
    •  
  • 5865 Potter Road Frisco, TX 5
    • 5 beds 5 baths ∙ 3,684 Sqft ∙ Built 2014 5 beds 5 baths ∙ 3,684 Sqft ∙ Built 2014
    LEASED 03/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,195
    • $0.87
    •  
PROPERTY LISTING DETAILS
Melissa Manemann
Coldwell Banker Apex, Realtors
Wade Shoop
1.866.250.5610
RentVest Property Management LLC
LIC TREC #9005027
North Texas Real Estate Information Services ( NTREIS)
MLS #: 14520658
Last Updated: 02/26/2021
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