Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

105 St Albans Way Peachtree City, GA 30269

4 Beds 3 Baths 2,683 sqft Built 2002

$409,900

List Price

$2,540

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 21, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2002
  • Price/Sqft : $152.78
  • 1 Days on Market
  • MLS # : 6847712
  • Updated Date : 03/21/2021 at 01:40
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,683 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

Welcome Home! 4 bedroom 2.5 bath home hardwood floors, granite kitchen counters, eat-in kitchen and a separate dining room in Cedarcroft subdivision with Side Entry Garage and Golf Cart Garage. Two small storage sheds. Open floor plan includes a Dining Room and Office / Den at the front side of the home. Eat-in area in the kitchen and family room overlooking the pool in your backyard with a privacy fence. Master on Main level with huge closet and double vanity. Additional area located by the kitchen currently used as office. 3 bedrooms arelocated on upper level. Enjoy

SEE MORE

MARKET HIGHLIGHTS

  • Atlanta metro employment growth is at 2.1% and predicted to grow at 2.0% in 2019 (USMayors.org, 2018)
  • #1 Most affordable big city (WalletHub, 2018)
  • As the largest share, Atlanta metro contributes to 69.3% of Georgia state economy i.e. Gross State Product (USMayors.org, 2018)
  • Atlanta metro's economy is worth $403 billion in Gross Metro Product and projected to grow to $426 billion in 2019 (USMayors.org, 2018)
  • Headquarters to twenty-six Fortune 500 companies: The Home Depot, UPS, Delta Air Lines, The Coca-Cola Company, SunTrust Banks, The Southern Company, AGCO, PulteGroup (Fortune, 2018/ Metro Atlanta Chamber)
  • Atlanta city attracted $1 billion venture capital in 2018. Venture capital flow has resulted in additional employment in technology areas. (USA Today, 2019).
  • #1 World’s Busiest Airport(Airports Council International, 2018)
  • Atlanta metro has 66.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • #1 corporate relocation city (Coldwell Banker Commercial Blue Book,, 2018)
  • #1 Moving Destination in the Nation (Penske, 2018)

PRICE & RENT TRENDS

Zip Code: 30269

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340kPrice in $113k342k

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

Zip Code: 30269

ZipNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100Rent in $9732169

* 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
Peachtree City Elementary School Primary Regular 514 33 9
J.c. Booth Middle School Middle Regular 1,206 72 9
Mcintosh High School High Regular 1,664 93 9

Peachtree City Elementary School

  • Education Level: Primary
  • # of students: 514
  • # of teachers: 33
9
GreatSchools Rating

J.c. Booth Middle School

  • Education Level: Middle
  • # of students: 1,206
  • # of teachers: 72
9
GreatSchools Rating

Mcintosh High School

  • Education Level: High
  • # of students: 1,664
  • # of teachers: 93
9
GreatSchools Rating
 

$368,910$450,890$409,900

PURCHASE PRICE

$2,286$2,794$2,540

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,540
EXPENSES Loan Payment -$1,424
Property Tax -$396
Property Insurance -$79
Property Management Fees -$119
CASH FLOW
$523

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.

$409,900

PROJECTED PRICE

$2,540

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 5.7%
Maintenance Year (1-5) 8.00%
Vacancy 7.38%
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$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k$30k

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$114,374

INVESTMENT

$114,374

Down Payment
$102,475
Rehab Estimate
$5,750
Closing Costs
$6,149

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 25% down payment or higher enables the proceeds from the asset to cover all costs.

$1,424

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $102,475
Loan Amount $307,425
See What Happens When You Reinvest Cash Flow

11.42

YEARS SAVED

$71,803

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,540

    LIST RENT
  • $0.95

    LIST RENT PER SQFT
  • $2,710

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$2,540
1$2,5402$2,900
$2,900
RENT COMPS ANALYSIS
  • 105 St Albans Way Peachtree City, GA 1
    • 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,683 Sqft ∙ Built 2002
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,540
    • $0.95
    •  
  • 345 Revolution Drive Peachtree City, GA 2
    • 4 beds 3 baths ∙ 2,885 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,885 Sqft ∙ Built 2004
    property image
    LEASED 02/20/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.01
    •  
PROPERTY LISTING DETAILS
Charley Sorrow
1.770.262.7857
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6847712
Last Updated: 03/21/2021
support@investimateroi.com

Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. Copyright (c) 2021 First Multiple Listing Service, Inc.

BESbswy