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1326 Timuquana Trail Woodstock, GA 30188

3 Beds 3 Baths 1,436 sqft Built 2000

$249,900

List Price

$1,660

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $174.03
  • 3 Days on Market
  • MLS # : 6827810
  • Updated Date : 01/16/2021 at 08:00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,436 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

Sweet CUL DE SAC Home in a wonderful, swim/tennis, family community! Move in to this home with no worries. NEW IN THE PAST 3 YEARS: Completely fenced in rear yard, New HVAC, New Water Heater, Exterior & Interior Paint, New Dishwasher & Microwave, New Kitchen tile Backsplash, New Mailbox. Hardwood Floors on Main level, freshly cleaned carpet on upper level. Huge master suite with nice sized closet. Lots of natural light. Very large kitchen that could accommodate an island or small dining table. Located just minutes from downtown Woodstock. Great Schools!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • #1 corporate relocation city (Coldwell Banker Commercial Blue Book,, 2018)
  • #1 Moving Destination in the Nation (Penske, 2018)
  • Atlanta metro has 66.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 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 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: The Regency at Kingsgate

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240kPrice in $103k253k

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

Neighborhood: The Regency at Kingsgate

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8931697

* 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
Little River Elementary School Primary Regular 1,446 80 6
Mill Creek Middle School Middle Regular 1,284 72 7
River Ridge High School High Regular 1,601 88 8

Little River Elementary School

  • Education Level: Primary
  • # of students: 1,446
  • # of teachers: 80
6
GreatSchools Rating

Mill Creek Middle School

  • Education Level: Middle
  • # of students: 1,284
  • # of teachers: 72
7
GreatSchools Rating

River Ridge High School

  • Education Level: High
  • # of students: 1,601
  • # of teachers: 88
8
GreatSchools Rating
 

$224,910$274,890$249,900

PURCHASE PRICE

$1,494$1,826$1,660

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,660
EXPENSES Loan Payment -$868
Property Tax -$181
Property Insurance -$55
HOA -$75
Property Management Fees -$119
CASH FLOW
$363

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.

$249,900

PROJECTED PRICE

$1,660

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.52%
Appreciation Year (1-5) 6.9%
Maintenance Year (1-5) 8.00%
Vacancy 7.33%
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$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$71,974

INVESTMENT

$71,974

Down Payment
$62,475
Rehab Estimate
$5,750
Closing Costs
$3,749

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$868

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $62,475
Loan Amount $187,425
See What Happens When You Reinvest Cash Flow

11.5

YEARS SAVED

$44,608

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,660

    LIST RENT
  • $1.16

    LIST RENT PER SQFT
  • $1,472

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,5253$1,5954$1,6505$1,660
$1,660
RENT COMPS ANALYSIS
  • 1326 Timuquana Trail Woodstock, GA 5
    • 3 beds 3 baths ∙ 1,436 Sqft ∙ Built 2000 3 beds 3 baths ∙ 1,436 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $1,660
    • $1.16
    •  
  • 1507 Korona Court Woodstock, GA 1
    • 3 beds 3 baths ∙ 1,436 Sqft ∙ Built 2000 3 beds 3 baths ∙ 1,436 Sqft ∙ Built 2000
    LEASED 10/08/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.97
    •  
  • 1318 Timuquana Trail Woodstock, GA 2
    • 3 beds 3 baths ∙ 1,405 Sqft ∙ Built 2000 3 beds 3 baths ∙ 1,405 Sqft ∙ Built 2000
    LEASED 12/23/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,525
    • $1.09
    •  
  • 329 Weatherstone Place Woodstock, GA 3
    • 3 beds 2 baths ∙ 1,521 Sqft ∙ Built 1997 3 beds 2 baths ∙ 1,521 Sqft ∙ Built 1997
    LEASED 07/18/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $1.05
    •  
  • 1132 Dunedin Trail Woodstock, GA 4
    • 3 beds 3 baths ∙ 1,660 Sqft ∙ Built 2000 3 beds 3 baths ∙ 1,660 Sqft ∙ Built 2000
    LEASED 06/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.99
    •  
PROPERTY LISTING DETAILS
Patti Bachtel
1.404.483.1814
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6827810
Last Updated: 01/16/2021
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. © 2017 First Multiple Listing Service, Inc.

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