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4627 Brunning Court Dunwoody, GA 30338

4 Beds 3 Baths 2,262 sqft Built 1972

$455,000

List Price

$2,380

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

November 21, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1972
  • Price/Sqft : $201.15
  • 2 Days on Market
  • MLS # : 6811131
  • Updated Date : 11/21/2020 at 15:29
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,262 sqft
  • Baths : 3 full
Listing Agent's Description

Come view this phenomenal, completely updated, 4 bedroom/3 bathroom split-level home, in the highly sought after community of Dunwoody on Sunday, before it hits the market on Tuesday (11/24)! This gem is located in the quiet subdivision of Waterford, and sits on almost ½ an acre. The Waterford subdivision is a classic Dunwoody neighborhood that lies just off the intersection of Dunwoody Club Drive and Happy Hollow Road.

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)
  • 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 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)

PRICE & RENT TRENDS

Neighborhood: Dunwoody

ZipNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $113k477k

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

Neighborhood: Dunwoody

NeighborhoodNIR Market*CityMarket2010Year20002019 Q21000120014001600180020002200240026002800Rent in $9732836

* 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
Kingsley Elementary School Primary Charter 564 39 6
Peachtree Middle School Middle Charter 1,398 95 6
Dunwoody High School High Regular 1,676 89 8

Kingsley Elementary School

  • Education Level: Primary
  • # of students: 564
  • # of teachers: 39
6
GreatSchools Rating

Peachtree Middle School

  • Education Level: Middle
  • # of students: 1,398
  • # of teachers: 95
6
GreatSchools Rating

Dunwoody High School

  • Education Level: High
  • # of students: 1,676
  • # of teachers: 89
8
GreatSchools Rating
 

$409,500$500,500$455,000

PURCHASE PRICE

$2,142$2,618$2,380

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,380
EXPENSES Loan Payment -$1,679
Property Tax -$525
Property Insurance -$71
Property Management Fees -$119
CASH FLOW
-$13

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.

$455,000

PROJECTED PRICE

$2,380

PROJECTED RENT

0.52%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 5.6%
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-$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$126,325

INVESTMENT

$126,325

Down Payment
$113,750
Rehab Estimate
$5,750
Closing Costs
$6,825

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,679

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $113,750
Loan Amount $341,250
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$25,149

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,380

    LIST RENT
  • $1.05

    LIST RENT PER SQFT
  • $2,375

    COMP ESTIMATED VALUE
  • $1.05

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,0003$2,3804$2,7505$2,850
$2,850
RENT COMPS ANALYSIS
  • 4627 Brunning Court Dunwoody, GA 3
    • 4 beds 3 baths ∙ 2,262 Sqft ∙ Built 1972 4 beds 3 baths ∙ 2,262 Sqft ∙ Built 1972
    • Rent
    • Rent Per SQFT
    •  
    • $2,380
    • $1.05
    •  
  • 2607 Fontainebleau Drive Atlanta, GA 1
    • 4 beds 3 baths ∙ 1,994 Sqft ∙ Built 1966 4 beds 3 baths ∙ 1,994 Sqft ∙ Built 1966
    LEASED 09/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $1.00
    •  
  • 4882 Happy Hollow Road Dunwoody, GA 2
    • 4 beds 3 baths ∙ 2,101 Sqft ∙ Built 1970 4 beds 3 baths ∙ 2,101 Sqft ∙ Built 1970
    LEASED 05/22/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.95
    •  
  • 5223 Davantry Drive Dunwoody, GA 4
    • 4 beds 3 baths ∙ 2,382 Sqft ∙ Built 1969 4 beds 3 baths ∙ 2,382 Sqft ∙ Built 1969
    LEASED 06/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.15
    •  
  • 2020 Woodland Way Dunwoody, GA 5
    • 4 beds 3 baths ∙ 2,593 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,593 Sqft ∙ Built 1987
    LEASED 02/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,850
    • $1.10
    •  
PROPERTY LISTING DETAILS
Ryan Smith
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6811131
Last Updated: 11/21/2020
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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