Single Family Residence
Bed: 4 Bath: 2 SQ FT: 1,836 Year Built: 2000
$291,810 COMING SOON
At this time, we have limited maximum investment amounts in Royse City to $300 to ensure everyone gets a slice.
Purchase Price
US$249,500
Property Leverage
0%
Strategic Refinance Candidate
Anticipated Monthly Rent
US$1,695
**MOTIVATED SELLER** **RATE BUY DOWN INCENTIVE - $7500 BUYER CREDIT** **WELCOME TO UNION SQUARE** Highly desirable newer community in Royse City! Great Price! Beautiful brick & stone elevation with relaxing front porch. Why wait for new construction when you have this home to choose! Large home just over 2,000 Sq. Ft. offering 4 bedrooms and 2 bathrooms. Lovely laminate flooring through out. Kitchen offers a long breakfast bar, upgraded white cabinets, gorgeous granite countertops and SS appliances. Front bedroom with WIC is used as an office currently. Nice size dining or flex room perfect for a growing family! Finally a large living room able to handle larger furniture. Primary bedroom with ensuite has a huge shower and WIC. Ideal split bedroom layout with hall bathroom close by. Garage offers convenient cabinets and work bench. Large back yard. Waling distance to Royse City High School. Easy access to I-30 for quick commute. Lots of HOA amenities!
Address: 3136 Overlook Dr, Royse City, TX 75189
Investment Strategy Hypothetical Returns
Single-Family Residential
Investing with Arrived can generate returns in 2 ways:
- Annual cash flow from the rental income on each property. The property intends to pay out excess cash to investors quarterly.
- Annual appreciation returns from any changes in property value. Any appreciation returns net of disposition costs will be paid out upon the sale of the property.
Anticipated Annual
Cash Flow
US$20,340
Annual Rent — 6.8% Gross Yield
US$9,620
Operating, Financing, Legal, Asset Management Fee Expenses
US$10,720
Cash Flow
US$297,780
Raise Amount
3.6%
Anticipated Annual Cash Flow
Annual Appreciation
Based on data from the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single-family homes have appreciated 4.5% per year on average for the last 20 years.
This data is based on a national average for Single-family homes in the 35th to 65th percentile range by home prices according to the Zillow Home Value Index. This is a national average and may not represent actual performance of this property's zipcode. In addition to property appreciation, equity returns also depend on real estate investment costs, hold period, and leverage. For more information, refer to the Offering Circular.
Use our returns calculator below to see how hypothetical property performance may impact your investment.
Property Leverage & Volatility
Property Leverage
Relative Volatility
Relative to other properties on the Arrived platform, this property may carry lower potential for equity returns, but also carries lower potential for volatility given the amount of leverage used on the property.
Offering Details
Property Purchase Price
US$249,500
Property Improvements & Cash Reserves
US$22,350
Closing Costs, Offering Costs & Holding Costs
US$17,193
Arrived Sourcing Fee (One-time)
US$8,730
Total Property Amount
US$297,773