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1750 Fort Daniels Trail Dacula, GA 30019

3 Beds 2 Baths 1,636 sqft Built 2000

$250,000

List Price

$1,360

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $152.81
  • 4 Days on Market
  • MLS # : 6855283
  • Updated Date : 03/19/2021 at 08:01
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,636 sqft
  • Baths : 2 full
Listing Agent's Description

Adorable 3 bed/2 bath home tucked away on a quiet street in the popular Apalachee Plantation neighborhood! Huge family room with vaulted ceilings features a beautiful marble fireplace. Sunny eat-in kitchen with large pantry. Separate dining room. Owner’s suite is tucked away on one side of the house for privacy and offers vaulted ceilings, soaking tub and walk in closet. Secondary bedrooms are a great size with ample closet space. Spend some time relaxing on the rocking chair front porch or the private fenced backyard. Lots of storage in oversized garage.

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: 30019

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $113k321k

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

Zip Code: 30019

ZipNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9732009

* 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
Fort Daniel Elementary School Primary Regular 666 45 9
Frank N. Osborne Middle School Middle Regular 1,639 98 9
Mill Creek High School High Regular 3,780 191 9

Fort Daniel Elementary School

  • Education Level: Primary
  • # of students: 666
  • # of teachers: 45
9
GreatSchools Rating

Frank N. Osborne Middle School

  • Education Level: Middle
  • # of students: 1,639
  • # of teachers: 98
9
GreatSchools Rating

Mill Creek High School

  • Education Level: High
  • # of students: 3,780
  • # of teachers: 191
9
GreatSchools Rating
 

$225,000$275,000$250,000

PURCHASE PRICE

$1,224$1,496$1,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,360
EXPENSES Loan Payment -$868
Property Tax -$303
Property Insurance -$59
HOA -$17
Property Management Fees -$119
CASH FLOW
-$6

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.

$250,000

PROJECTED PRICE

$1,360

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 6.3%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$72,000

INVESTMENT

$72,000

Down Payment
$62,500
Rehab Estimate
$5,750
Closing Costs
$3,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% 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 $62,500
Loan Amount $187,500
See What Happens When You Reinvest Cash Flow

4.5

YEARS SAVED

$10,968

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,360

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,382

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,360
1$1,3602$1,4753$1,5004$1,5955$1,650
$1,650
RENT COMPS ANALYSIS
  • 1750 Fort Daniels Trail Dacula, GA 1
    • 3 beds 2 baths ∙ 1,636 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,636 Sqft ∙ Built 2000
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,360
    • $0.83
    •  
  • 2045 Amber Creek Drive Buford, GA 2
    • 3 beds 2 baths ∙ 1,732 Sqft ∙ Built 1988 3 beds 2 baths ∙ 1,732 Sqft ∙ Built 1988
    property image
    LEASED 07/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,475
    • $0.85
    •  
  • 1438 Wilkes Ive Drive Dacula, GA 3
    • 4 beds 2 baths ∙ 1,749 Sqft ∙ Built 1998 4 beds 2 baths ∙ 1,749 Sqft ∙ Built 1998
    property image
    LEASED 01/26/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.86
    •  
  • 1718 Fort Connors Way Dacula, GA 4
    • 4 beds 2 baths ∙ 1,903 Sqft ∙ Built 2000 4 beds 2 baths ∙ 1,903 Sqft ∙ Built 2000
    property image
    LEASED 04/15/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.84
    •  
  • 2207 Saint Albans Place Buford, GA 5
    • 3 beds 3 baths ∙ 1,978 Sqft ∙ Built 1999 3 beds 3 baths ∙ 1,978 Sqft ∙ Built 1999
    property image
    LEASED 08/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.83
    •  
PROPERTY LISTING DETAILS
Sarah Pickell
1.770.262.4817
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6855283
Last Updated: 03/19/2021
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.

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