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4320 Sentinel Place Nw Kennesaw, GA 30144

3 Beds 3 Baths 2,044 sqft Built 1997

INVESTimate

$282,000

List Price

$1,690

$1,521 - $1,859

Rent Est.

$300,894  ( +6.70%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1997
  • Price/Sqft : $137.96
  • 5 Days on Market
  • MLS # : 6770353
  • Updated Date : 08/25/2020 at 22:15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,044 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

What a Fabulous Find in Award Winning Legacy Park! Absolutely Adorable Home on a Corner, Fenced Lot. NEW ROOF AND TRIM PAINT by end of August. Nice Decorator Colors in the Formal Living and Dining, 2 Story Great Room, Nice Kitchen with Stainless and Room for an Island, Breakfast Room open to the Great Room and Fabulous Backyard. Upstairs, a Nice Size Master Suite, 2 Additional Bedrooms and Hall Bath. A Private Oasis in that Fenced Backyard with Patio, Wonderful Shade Trees and Nice Landscaping....So Very Serene and Just Perfect!

SEE MORE

MARKET HIGHLIGHTS

  • #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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Highcroft

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $113k321k

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

Neighborhood: Highcroft

NeighborhoodNIR Market*CityMarket2010Year20002019 Q290010001100120013001400150016001700180019002000Rent in $8902009

* 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
Big Shanty Intermediate School Primary Regular 760 55 6
Awtrey Middle School Middle Regular 805 53 7
North Cobb High School High Regular 2,856 143 7

Big Shanty Intermediate School

  • Education Level: Primary
  • # of students: 760
  • # of teachers: 55
6
GreatSchools Rating

Awtrey Middle School

  • Education Level: Middle
  • # of students: 805
  • # of teachers: 53
7
GreatSchools Rating

North Cobb High School

  • Education Level: High
  • # of students: 2,856
  • # of teachers: 143
7
GreatSchools Rating
 

$253,800$310,200$282,000

PURCHASE PRICE

$1,521$1,859$1,690

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,690
EXPENSES Loan Payment -$1,040
Property Tax -$327
Property Insurance -$67
HOA -$55
Property Management Fees -$119
CASH FLOW
$81

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.

$282,000

PROJECTED PRICE

$1,690

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 6.70%
Maintenance Year (1-5) 8.00%
Vacancy 7.38%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$80,480

INVESTMENT

$80,480

Down Payment
$70,500
Rehab Estimate
$5,750
Closing Costs
$4,230

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,040

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $70,500
Loan Amount $211,500
See What Happens When You Reinvest Cash Flow

6.08

YEARS SAVED

$22,830

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,690

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,717

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,575
1$1,5752$1,6903$1,7254$1,8005$1,900
$1,900
RENT COMPS ANALYSIS
  • 4320 Sentinel Place Nw Kennesaw, 2
    • 3 beds 3 baths ∙ 2,044 Sqft ∙ Built 1997 3 beds 3 baths ∙ 2,044 Sqft ∙ Built 1997
    • Rent
    • Rent Per SQFT
    •  
    • $1,690
    • $0.83
    •  
  • 2696 Douglas Court Nw Acworth, 1
    • 3 beds 3 baths ∙ 1,888 Sqft ∙ Built 1986 3 beds 3 baths ∙ 1,888 Sqft ∙ Built 1986
    LEASED 02/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,575
    • $0.83
    •  
  • 4380 Kenton Point Nw Kennesaw, 3
    • 4 beds 3 baths ∙ 2,031 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,031 Sqft ∙ Built 1997
    LEASED 01/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.85
    •  
  • 2947 Monrovia Nw Kennesaw, 4
    • 3 beds 3 baths ∙ 2,244 Sqft ∙ Built 1997 3 beds 3 baths ∙ 2,244 Sqft ∙ Built 1997
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.80
    •  
  • 3842 Kirkwood Run Nw Kennesaw, 5
    • 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,170 Sqft ∙ Built 1997
    LEASED 07/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.88
    •  
PROPERTY LISTING DETAILS
Cathy Lacy
1.770.378.7417
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6770353
Last Updated: 08/25/2020
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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