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46 Valley View Trail Dallas, GA 30132

5 Beds 3 Baths 2,511 sqft Built 2015

$320,000

List Price

$1,640

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

January 31, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $127.44
  • 1 Days on Market
  • MLS # : 6834482
  • Updated Date : 01/31/2021 at 00:00
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,511 sqft
  • Baths : 3 full
Listing Agent's Description

Beautiful home with so much space! Enter to the bright and open two story foyer opening to the den/flex space, large living room with fireplace, dining room with coffered ceiling, spacious kitchen with oversized bar and bedroom with full bath completes the main living area. Upstairs find the enormous master suite with luxury spa bath plus three additional bedrooms with large closets. Amazing covered back patio. Great home in a great area!

SEE MORE

MARKET HIGHLIGHTS

  • #1 corporate relocation city (Coldwell Banker Commercial Blue Book,, 2018)
  • Atlanta metro has 66.1% labor force participation rate higher than the national rate 62.8% (USMayors.org, 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)
  • Atlanta city attracted $1 billion venture capital in 2018. Venture capital flow has resulted in additional employment in technology areas. (USA Today, 2019).
  • 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 World’s Busiest Airport(Airports Council International, 2018)

PRICE & RENT TRENDS

Zip Code: 30132

ZipNIR Market*CityMarket2010Year2000201990k100k110k120k130k140k150k160k170k180k190k200kPrice in $88k209k

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

Zip Code: 30132

ZipNIR Market*CityMarket2010Year20002019 Q295010001050110011501200125013001350140014501500Rent in $9481509

* 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
Abney Elementary School Primary Regular 949 59 7
Moses Middle School Middle Regular 575 36 7
East Paulding High School High Regular 1,666 85 5

Abney Elementary School

  • Education Level: Primary
  • # of students: 949
  • # of teachers: 59
7
GreatSchools Rating

Moses Middle School

  • Education Level: Middle
  • # of students: 575
  • # of teachers: 36
7
GreatSchools Rating

East Paulding High School

  • Education Level: High
  • # of students: 1,666
  • # of teachers: 85
5
GreatSchools Rating
 

$288,000$352,000$320,000

PURCHASE PRICE

$1,476$1,804$1,640

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,640
EXPENSES Loan Payment -$1,111
Property Tax -$282
Property Insurance -$76
HOA -$28
Property Management Fees -$119
CASH FLOW
$24

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.

$320,000

PROJECTED PRICE

$1,640

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.52%
Appreciation Year (1-5) 7.9%
Maintenance Year (1-5) 8.00%
Vacancy 7.33%
Length of Stay Years 2

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

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$90,550

INVESTMENT

$90,550

Down Payment
$80,000
Rehab Estimate
$5,750
Closing Costs
$4,800

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,111

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $80,000
Loan Amount $240,000
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$14,780

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,640

    LIST RENT
  • $0.65

    LIST RENT PER SQFT
  • $1,632

    COMP ESTIMATED VALUE
  • $0.65

    COMP AVG. RENT PER SQFT
Comps Range
$1,600
1$1,6002$1,6353$1,6404$1,6955$1,725
$1,725
RENT COMPS ANALYSIS
  • 46 Valley View Trail Dallas, GA 3
    • 5 beds 3 baths ∙ 2,511 Sqft ∙ Built 2015 5 beds 3 baths ∙ 2,511 Sqft ∙ Built 2015
    • Rent
    • Rent Per SQFT
    •  
    • $1,640
    • $0.65
    •  
  • 421 Stable View Loop Dallas, GA 1
    • 4 beds 3 baths ∙ 2,656 Sqft ∙ Built 2018 4 beds 3 baths ∙ 2,656 Sqft ∙ Built 2018
    LEASED 04/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,600
    • $0.60
    •  
  • 111 Westridge Circle Dallas, GA 2
    • 5 beds 3 baths ∙ 2,394 Sqft ∙ Built 2014 5 beds 3 baths ∙ 2,394 Sqft ∙ Built 2014
    LEASED 02/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,635
    • $0.68
    •  
  • 490 Silver Oak Drive Dallas, GA 4
    • 4 beds 3 baths ∙ 2,470 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,470 Sqft ∙ Built 2015
    LEASED 10/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.69
    •  
  • 20 Huntleigh Shores Lane Dallas, GA 5
    • 4 beds 3 baths ∙ 2,739 Sqft ∙ Built 2015 4 beds 3 baths ∙ 2,739 Sqft ∙ Built 2015
    LEASED 04/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.63
    •  
PROPERTY LISTING DETAILS
Stephanie Shelton
1.770.318.1920
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6834482
Last Updated: 01/31/2021
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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