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3905 Bradford Walk Trail Buford, GA 30519

5 Beds 4 Baths 3,500 sqft Built 2000

$325,000

List Price

$1,850

$1.7K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $92.86
  • 3 Days on Market
  • MLS # : 6860446
  • Updated Date : 03/27/2021 at 08:00
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,500 sqft
  • Baths : 3 full , 1 half
Listing Agent's Description

Looking to upgrade your space? Look no further than this home that is full of abundance. From the moment you walk into the two story foyer you are greeted with possibilities. To the right, you will find a formal living room opening to a formal dining. Straight ahead, you will discover the kitchen boasting granite countertops and a gas stove, eat in dining area, and cozy den that provides you with an open concept feel. Upstairs boasts four bedrooms including the over sized master suite with a large bathroom and walk-in closet and an additional full bathroom.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Zip Code: 30519

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $113k321k

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

Zip Code: 30519

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
Harmony Elementary School Primary Regular 585 36 9
Glenn C. Jones Middle School Middle Regular 1,362 74 9
Mill Creek High School High Regular 3,780 191 9

Harmony Elementary School

  • Education Level: Primary
  • # of students: 585
  • # of teachers: 36
9
GreatSchools Rating

Glenn C. Jones Middle School

  • Education Level: Middle
  • # of students: 1,362
  • # of teachers: 74
9
GreatSchools Rating

Mill Creek High School

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

$292,500$357,500$325,000

PURCHASE PRICE

$1,665$2,035$1,850

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,850
EXPENSES Loan Payment -$1,129
Property Tax -$498
Property Insurance -$74
HOA -$73
Property Management Fees -$119
CASH FLOW
-$42

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.

$325,000

PROJECTED PRICE

$1,850

PROJECTED RENT

0.57%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 7.0%
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

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$91,875

INVESTMENT

$91,875

Down Payment
$81,250
Rehab Estimate
$5,750
Closing Costs
$4,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,129

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $81,250
Loan Amount $243,750
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$9,884

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,850

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,867

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,800
1$1,8002$1,8453$1,8504$1,9005$1,995
$1,995
RENT COMPS ANALYSIS
  • 3905 Bradford Walk Trail Buford, GA 3
    • 5 beds 4 baths ∙ 2,440 Sqft ∙ Built 2000 5 beds 4 baths ∙ 2,440 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.76
    •  
  • 3930 Bogan Mill Road Ne Buford, GA 1
    • 4 beds 3 baths ∙ 2,452 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,452 Sqft ∙ Built 2003
    LEASED 10/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.73
    •  
  • 3186 Striped Maple Cove Buford, GA 2
    • 4 beds 3 baths ∙ 2,566 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,566 Sqft ∙ Built 1999
    LEASED 07/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,845
    • $0.72
    •  
  • 3193 English Ivy Lane Buford, GA 4
    • 4 beds 3 baths ∙ 2,368 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,368 Sqft ∙ Built 1998
    LEASED 02/10/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.80
    •  
  • 3875 Portico Run Drive Buford, GA 5
    • 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,467 Sqft ∙ Built 2001
    LEASED 10/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,995
    • $0.81
    •  
PROPERTY LISTING DETAILS
Karenann Campbell
1.678.246.4550
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6860446
Last Updated: 03/27/2021
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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