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4140 Daniel Green Trail Se Smyrna, GA 30080

4 Beds 3 Baths 2,569 sqft Built 1997

$479,900

List Price

$2,510

$2.3K - $2.8K

Rent Est.

PROPERTY INFO

November 13, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1997
  • Price/Sqft : $186.80
  • 6 Days on Market
  • MLS # : 6807571
  • Updated Date : 11/14/2020 at 08:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,569 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

Beautifully RENOVATED 4 bedroom 2.5 bath home, situated on premium cul-de-sac lot in sought after Olde Vinings Mill Swim Tennis Neighborhood. Fabulous location within WALKING distance to the pool/tennis/playground/basketball, Restaurants & Shops at Ivy Walk Vinings, West Village, Oakdale Park, Vinings Health Park, Sprouts; MINUTES to 285, Vinings Jubilee, the Battery, Smyrna Market Village, Silver Comet Trail; and EASY COMMUTE to Buckhead, the Westside/Midtown and Airport. Open concept home greets you with hardwood floors, 2 story grand foyer, separate office,

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: Old Vinings Mill

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500kPrice in $113k544k

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

Neighborhood: Old Vinings Mill

NeighborhoodNIR Market*CityMarket2010Year20002019 Q210001200140016001800200022002400260028003000Rent in $9733090

* 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
Nickajack Elementary School Primary Regular 1,126 75 7
Campbell Middle School Middle Regular 1,416 77 6
Campbell High School High Regular 2,509 135 5

Nickajack Elementary School

  • Education Level: Primary
  • # of students: 1,126
  • # of teachers: 75
7
GreatSchools Rating

Campbell Middle School

  • Education Level: Middle
  • # of students: 1,416
  • # of teachers: 77
6
GreatSchools Rating

Campbell High School

  • Education Level: High
  • # of students: 2,509
  • # of teachers: 135
5
GreatSchools Rating
 

$431,910$527,890$479,900

PURCHASE PRICE

$2,259$2,761$2,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,510
EXPENSES Loan Payment -$1,771
Property Tax -$486
Property Insurance -$77
HOA -$50
Property Management Fees -$119
CASH FLOW
$8

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.

$479,900

PROJECTED PRICE

$2,510

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 2.4%
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

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$132,924

INVESTMENT

$132,924

Down Payment
$119,975
Rehab Estimate
$5,750
Closing Costs
$7,199

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,771

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $119,975
Loan Amount $359,925
See What Happens When You Reinvest Cash Flow

5

YEARS SAVED

$28,703

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,510

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $2,595

    COMP ESTIMATED VALUE
  • $1.01

    COMP AVG. RENT PER SQFT
Comps Range
$2,100
1$2,1002$2,3003$2,3504$2,5105$2,550
$2,550
RENT COMPS ANALYSIS
  • 4140 Daniel Green Trail Se Smyrna, GA 4
    • 4 beds 3 baths ∙ 2,569 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,569 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $2,510
    • $0.98
    •  
  • 3991 Gann Road Se Smyrna, GA 1
    • 4 beds 3 baths ∙ 2,280 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,280 Sqft ∙ Built 1986
    LEASED 08/13/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.92
    •  
  • 4019 Rhyne Circle Se Smyrna, GA 2
    • 3 beds 3 baths ∙ 2,358 Sqft ∙ Built 1999 3 beds 3 baths ∙ 2,358 Sqft ∙ Built 1999
    LEASED 05/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.98
    •  
  • 4561 Chelton Court Se Smyrna, GA 3
    • 4 beds 3 baths ∙ 2,262 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,262 Sqft ∙ Built 1998
    LEASED 10/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $1.04
    •  
  • 3705 Paces Park Circle Se Smyrna, GA 5
    • 4 beds 3 baths ∙ 2,322 Sqft ∙ Built 2004 4 beds 3 baths ∙ 2,322 Sqft ∙ Built 2004
    LEASED 09/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,550
    • $1.10
    •  
PROPERTY LISTING DETAILS
Christine Croce
1.310.923.3539
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6807571
Last Updated: 11/14/2020
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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