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425 Dunhill View Court Alpharetta, GA 30005

4 Beds 3 Baths 2,628 sqft Built 1992

$425,000

List Price

$2,310

$2.1K - $2.5K

Rent Est.

PROPERTY INFO

February 11, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $161.72
  • 4 Days on Market
  • MLS # : 6839329
  • Updated Date : 02/12/2021 at 11:42
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,628 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

Cul-de-sac living at its best. Charming home in Johns Creek popular Abbotts Cove swim/tennis neighborhood. Open floor plan for today’s living with hardwoods floor flowing throughout the main level. Enjoy preparing meals on your 5 gas burner Samsung range while entertaining family & friends in the open floor plan to the family room with gas log fireplace and built-in book cases. The family room leads out to your deck perfect for grilling and spending time outside

SEE MORE

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: Abbots Cove

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360k380k400k420kPrice in $113k426k

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

Neighborhood: Abbots Cove

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100012001400160018002000220024002600Rent in $9732646

* 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
Abbotts Hill Elementary School Primary Regular 723 44 8
Taylor Road Middle School Middle Regular 1,043 74 8
Chattahoochee High School High Regular 1,879 102 9

Abbotts Hill Elementary School

  • Education Level: Primary
  • # of students: 723
  • # of teachers: 44
8
GreatSchools Rating

Taylor Road Middle School

  • Education Level: Middle
  • # of students: 1,043
  • # of teachers: 74
8
GreatSchools Rating

Chattahoochee High School

  • Education Level: High
  • # of students: 1,879
  • # of teachers: 102
9
GreatSchools Rating
 

$382,500$467,500$425,000

PURCHASE PRICE

$2,079$2,541$2,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,310
EXPENSES Loan Payment -$1,476
Property Tax -$388
Property Insurance -$78
HOA -$87
Property Management Fees -$119
CASH FLOW
$163

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.

$425,000

PROJECTED PRICE

$2,310

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 5.3%
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$200k$400k$600k$800k$1.0M$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530$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$118,375

INVESTMENT

$118,375

Down Payment
$106,250
Rehab Estimate
$5,750
Closing Costs
$6,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$1,476

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $106,250
Loan Amount $318,750
See What Happens When You Reinvest Cash Flow

6.58

YEARS SAVED

$33,660

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,310

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • $2,503

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$2,150
1$2,1502$2,3103$2,3504$2,6505$2,750
$2,750
RENT COMPS ANALYSIS
  • 425 Dunhill View Court Alpharetta, GA 2
    • 4 beds 3 baths ∙ 2,628 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,628 Sqft ∙ Built 1992
    • Rent
    • Rent Per SQFT
    •  
    • $2,310
    • $0.88
    •  
  • 11795 Windbrooke Way Alpharetta, GA 1
    • 4 beds 3 baths ∙ 2,568 Sqft ∙ Built 1991 4 beds 3 baths ∙ 2,568 Sqft ∙ Built 1991
    LEASED 12/21/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.84
    •  
  • 290 Ambleside Chase Alpharetta, GA 3
    • 5 beds 3 baths ∙ 2,602 Sqft ∙ Built 1993 5 beds 3 baths ∙ 2,602 Sqft ∙ Built 1993
    LEASED 08/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,350
    • $0.90
    •  
  • 5605 Oxborough Way Alpharetta, GA 4
    • 4 beds 3 baths ∙ 2,631 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,631 Sqft ∙ Built 1998
    LEASED 02/01/21
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $1.01
    •  
  • 11730 Windbrooke Way Johns Creek, GA 5
    • 4 beds 4 baths ∙ 2,588 Sqft ∙ Built 1988 4 beds 4 baths ∙ 2,588 Sqft ∙ Built 1988
    LEASED 08/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.06
    •  
PROPERTY LISTING DETAILS
John Macauley
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6839329
Last Updated: 02/12/2021
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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