Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

4532 Doyle Street Tucker, GA 30084

4 Beds 3 Baths 2,176 sqft Built 1962

$328,500

List Price

$1,800

$1.6K - $2K

Rent Est.

PROPERTY INFO

January 13, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1962
  • Price/Sqft : $150.97
  • 5 Days on Market
  • MLS # : 6827476
  • Updated Date : 01/15/2021 at 08:45
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,176 sqft
  • Baths : 3 full
Listing Agent's Description

This is it!! A 3/2, 4-sided brick ranch with a basement close to Burns Lake and Heritage Golf Course. Immaculately maintained, this home is move-in ready. Fresh paint inside, new front porch railing, new LVP in basement den, new deck in backyard, newer roof, HVAC, & water heater. Garage parking for 2 cars. Small outbuilding in backyard for storage. Eat-in kitchen with beautiful views to the backyard, solid wood cabinets, plenty of storage and counterspace plus a gas cooktop. Family room has original hardwood floors and a gorgeous, solid wood door.

SEE MORE

MARKET HIGHLIGHTS

  • #1 Most affordable big city (WalletHub, 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'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).
  • Atlanta metro has 66.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 2018)
  • #1 World’s Busiest Airport(Airports Council International, 2018)
  • #1 corporate relocation city (Coldwell Banker Commercial Blue Book,, 2018)
  • Atlanta metro employment growth is at 2.1% and predicted to grow at 2.0% in 2019 (USMayors.org, 2018)
  • #1 Moving Destination in the Nation (Penske, 2018)

PRICE & RENT TRENDS

Neighborhood: Tucker

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $113k321k

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

Neighborhood: Tucker

NeighborhoodNIR 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
Nesbit Elementary School Primary Regular 2,182 145 5
Lilburn Middle School Middle Regular 1,790 102 5
Meadowcreek High School High Regular 3,548 172 3

Nesbit Elementary School

  • Education Level: Primary
  • # of students: 2,182
  • # of teachers: 145
5
GreatSchools Rating

Lilburn Middle School

  • Education Level: Middle
  • # of students: 1,790
  • # of teachers: 102
5
GreatSchools Rating

Meadowcreek High School

  • Education Level: High
  • # of students: 3,548
  • # of teachers: 172
3
GreatSchools Rating
 

$295,650$361,350$328,500

PURCHASE PRICE

$1,620$1,980$1,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,800
EXPENSES Loan Payment -$1,141
Property Tax -$328
Property Insurance -$69
Property Management Fees -$119
CASH FLOW
$142

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.

$328,500

PROJECTED PRICE

$1,800

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 7.3%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k

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$92,803

INVESTMENT

$92,803

Down Payment
$82,125
Rehab Estimate
$5,750
Closing Costs
$4,928

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,141

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $82,125
Loan Amount $246,375
See What Happens When You Reinvest Cash Flow

7.08

YEARS SAVED

$28,106

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,800

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,995

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,700
1$1,7002$1,8003$2,1004$2,300
$2,300
RENT COMPS ANALYSIS
  • 4532 Doyle Street Tucker, GA 2
    • 4 beds 3 baths ∙ 2,176 Sqft ∙ Built 1962 4 beds 3 baths ∙ 2,176 Sqft ∙ Built 1962
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.83
    •  
  • 6647 Payton Woods Drive Tucker, GA 1
    • 4 beds 2 baths ∙ 1,965 Sqft ∙ Built 1968 4 beds 2 baths ∙ 1,965 Sqft ∙ Built 1968
    property image
    LEASED 03/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,700
    • $0.87
    •  
  • 2983 Pine Orchard Drive Tucker, GA 3
    • 4 beds 3 baths ∙ 2,204 Sqft ∙ Built 1964 4 beds 3 baths ∙ 2,204 Sqft ∙ Built 1964
    property image
    LEASED 09/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.95
    •  
  • 2785 Briarglen Drive Atlanta, GA 4
    • 4 beds 3 baths ∙ 2,478 Sqft ∙ Built 1966 4 beds 3 baths ∙ 2,478 Sqft ∙ Built 1966
    property image
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,300
    • $0.93
    •  
PROPERTY LISTING DETAILS
Chris Simmons
1.770.289.3924
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6827476
Last Updated: 01/15/2021
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. © 2017 First Multiple Listing Service, Inc.

BESbswy