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3919 Ashford Dunwoody Road Ne Brookhaven, GA 30319

5 Beds 4 Baths 2,760 sqft Built 1967

$498,900

List Price

$2,900

$2.7K - $3.2K

Rent Est.

PROPERTY INFO

December 02, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1967
  • Price/Sqft : $180.76
  • 5 Days on Market
  • MLS # : 6814613
  • Updated Date : 12/04/2020 at 12:45
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,760 sqft
  • Baths : 3 full , 1 half
Listing Agent's Description

If you are searching for a home with a large backyard and easy access to local schools then come and take a look at this 5 bedroom and 3.5 bathroom home in Brookhaven. Enter the home and you're immediately in the gorgeous sitting room with a stone fireplace and custom built-in shelving. Stainless steel appliances are featured in the kitchen. You'll also love the breakfast nook with its view of the backyard. The upstairs primary bedroom features an attached ensuite bathroom. This home is also just minutes away from I-285.

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

PRICE & RENT TRENDS

Neighborhood: North Brookhaven

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $113k505k

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

Neighborhood: North Brookhaven

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000120014001600180020002200240026002800Rent in $9732933

* 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
Montgomery Elementary School Primary Regular 752 43 7
Chamblee Middle School Middle Regular 890 52 7
Chamblee Charter High School High Charter 1,309 79 7

Montgomery Elementary School

  • Education Level: Primary
  • # of students: 752
  • # of teachers: 43
7
GreatSchools Rating

Chamblee Middle School

  • Education Level: Middle
  • # of students: 890
  • # of teachers: 52
7
GreatSchools Rating

Chamblee Charter High School

  • Education Level: High
  • # of students: 1,309
  • # of teachers: 79
7
GreatSchools Rating
 

$449,010$548,790$498,900

PURCHASE PRICE

$2,610$3,190$2,900

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,900
EXPENSES Loan Payment -$1,841
Property Tax -$567
Property Insurance -$80
Property Management Fees -$119
CASH FLOW
$292

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.

$498,900

PROJECTED PRICE

$2,900

PROJECTED RENT

0.58%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 7.5%
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$1.8M

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$1.4M$1.6M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$137,959

INVESTMENT

$137,959

Down Payment
$124,725
Rehab Estimate
$5,750
Closing Costs
$7,484

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$1,841

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $124,725
Loan Amount $374,175
See What Happens When You Reinvest Cash Flow

7.67

YEARS SAVED

$58,491

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,900

    LIST RENT
  • $1.05

    LIST RENT PER SQFT
  • $3,119

    COMP ESTIMATED VALUE
  • $1.13

    COMP AVG. RENT PER SQFT
Comps Range
$2,750
1$2,7502$2,9003$2,9004$3,4005$3,400
$3,400
RENT COMPS ANALYSIS
  • 3919 Ashford Dunwoody Road Ne Brookhaven, GA 3
    • 5 beds 4 baths ∙ 2,760 Sqft ∙ Built 1967 5 beds 4 baths ∙ 2,760 Sqft ∙ Built 1967
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.05
    •  
  • 3426 Keswick Drive Chamblee, GA 1
    • 4 beds 2 baths ∙ 2,500 Sqft ∙ Built 1950 4 beds 2 baths ∙ 2,500 Sqft ∙ Built 1950
    LEASED 06/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.10
    •  
  • 1896 Winchester Trail Chamblee, GA 2
    • 4 beds 3 baths ∙ 2,718 Sqft ∙ Built 1963 4 beds 3 baths ∙ 2,718 Sqft ∙ Built 1963
    LEASED 10/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,900
    • $1.07
    •  
  • 1176 Hampton Hall Drive Ne Brookhaven, GA 4
    • 4 beds 3 baths ∙ 2,912 Sqft ∙ Built 1965 4 beds 3 baths ∙ 2,912 Sqft ∙ Built 1965
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.17
    •  
  • 3571 Sunderland Circle Ne Brookhaven, GA 5
    • 5 beds 4 baths ∙ 2,888 Sqft ∙ Built 1968 5 beds 4 baths ∙ 2,888 Sqft ∙ Built 1968
    LEASED 10/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,400
    • $1.18
    •  
PROPERTY LISTING DETAILS
Michelle Sanders
1.678.884.7933
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6814613
Last Updated: 12/04/2020
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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