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1336 Pebblebrook Road Se Mableton, GA 30126

4 Beds 3 Baths 2,386 sqft Built 1964

$319,000

List Price

$2,550

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

December 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1964
  • Price/Sqft : $133.70
  • 3 Days on Market
  • MLS # : 6817158
  • Updated Date : 12/12/2020 at 14:21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,386 sqft
  • Baths : 3 full
Listing Agent's Description

SPECTATULAR RENOVATION OF A CLASSIC PEBBLEBROOK ACRES HOME WITH MODERN FINISHES. ACROSS THE ROAD FROM WHITEFIELD ACADEMY, THIS OPEN FLOOR PLAN RANCH OVER LARGE FINISHED BASEMENT IS DESIGNED FOR ENTERTAINING AND IS MOVE-IN READY! ALL NEW WHITE SHAKER KITCHEN WITH CUSTOM GRANITE COUNTERS, STAINLESS APPLIANCES AND ISLAND. BRAND NEW LIGHTING, FLOORING, BATHROOMS, ROOF, DECK, SYSTEMS AND EVERYTHING! FIREPLACE BASEMENT HAS BEDROOM, FULL BATHROOM, ENTERTAINING AREA WITH PATIO PLUS SEPARATE OFFICE OR CRAFT ROOM AND IS PLUMBED FOR BAR OR KITCHENETTE. CLOSE TO SMYRNA AND VININGS.

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MARKET HIGHLIGHTS

  • 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)
  • Atlanta metro employment growth is at 2.1% and predicted to grow at 2.0% in 2019 (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)
  • #1 Most affordable big city (WalletHub, 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)

PRICE & RENT TRENDS

Neighborhood: Pebblebrook Acres

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $111k560k

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

Neighborhood: Pebblebrook Acres

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100012001400160018002000220024002600280030003200Rent in $9733324

* 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
Harmony-leland Elementary School Primary Regular 707 48 6
Lindley Middle School Middle Regular 1,166 65 4
Pebblebrook High School High Regular 2,289 120 3

Harmony-leland Elementary School

  • Education Level: Primary
  • # of students: 707
  • # of teachers: 48
6
GreatSchools Rating

Lindley Middle School

  • Education Level: Middle
  • # of students: 1,166
  • # of teachers: 65
4
GreatSchools Rating

Pebblebrook High School

  • Education Level: High
  • # of students: 2,289
  • # of teachers: 120
3
GreatSchools Rating
 

$287,100$350,900$319,000

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 -$1,177
Property Tax -$282
Property Insurance -$73
Property Management Fees -$119
CASH FLOW
$899

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$319,000

PROJECTED PRICE

$2,550

PROJECTED RENT

0.80%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.18%
Appreciation Year (1-5) 5.9%
Maintenance Year (1-5) 8.00%
Vacancy 7.74%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k$25k$30k$35k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$90,285

INVESTMENT

$90,285

Down Payment
$79,750
Rehab Estimate
$5,750
Closing Costs
$4,785

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$1,177

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $79,750
Loan Amount $239,250
See What Happens When You Reinvest Cash Flow

16.42

YEARS SAVED

$102,163

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
  • $1.07

    LIST RENT PER SQFT
  • $2,815

    COMP ESTIMATED VALUE
  • $1.18

    COMP AVG. RENT PER SQFT
Comps Range
$2,550
1$2,5502$3,000
$3,000
RENT COMPS ANALYSIS
  • 1336 Pebblebrook Road Se Mableton, GA 1
    • 4 beds 3 baths ∙ 2,386 Sqft ∙ Built 1964 4 beds 3 baths ∙ 2,386 Sqft ∙ Built 1964
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $1.07
    •  
  • 1385 Buckner Road Se Mableton, GA 2
    • 5 beds 2 baths ∙ 2,534 Sqft ∙ Built 1956 5 beds 2 baths ∙ 2,534 Sqft ∙ Built 1956
    property image
    LEASED 08/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,000
    • $1.18
    •  
PROPERTY LISTING DETAILS
Lee Hadaway
1.770.366.5200
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6817158
Last Updated: 12/12/2020
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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