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4673 Arrowhead Trail Sw Lilburn, GA 30047

4 Beds 3 Baths 2,381 sqft Built 1973

$362,000

List Price

$1,830

$1.6K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 24, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1973
  • Price/Sqft : $152.04
  • 5 Days on Market
  • MLS # : 6858068
  • Updated Date : 03/25/2021 at 08:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,381 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

This Lilburn two-story home offers granite countertops, and a two-car garage.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Zip Code: 30047

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $113k321k

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

Zip Code: 30047

ZipNIR 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
Camp Creek Elementary School Primary Regular 975 69 9
Trickum Middle School Middle Regular 1,987 108 8
Parkview High School High Regular 2,834 152 8

Camp Creek Elementary School

  • Education Level: Primary
  • # of students: 975
  • # of teachers: 69
9
GreatSchools Rating

Trickum Middle School

  • Education Level: Middle
  • # of students: 1,987
  • # of teachers: 108
8
GreatSchools Rating

Parkview High School

  • Education Level: High
  • # of students: 2,834
  • # of teachers: 152
8
GreatSchools Rating
 

$325,800$398,200$362,000

PURCHASE PRICE

$1,647$2,013$1,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,830
EXPENSES Loan Payment -$1,257
Property Tax -$387
Property Insurance -$73
Property Management Fees -$119
CASH FLOW
-$7

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.

$362,000

PROJECTED PRICE

$1,830

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 8.0%
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$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$101,680

INVESTMENT

$101,680

Down Payment
$90,500
Rehab Estimate
$5,750
Closing Costs
$5,430

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,257

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $90,500
Loan Amount $271,500
See What Happens When You Reinvest Cash Flow

4.58

YEARS SAVED

$16,723

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,830

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,810

    COMP ESTIMATED VALUE
  • $0.76

    COMP AVG. RENT PER SQFT
Comps Range
$1,450
1$1,4502$1,7253$1,8004$1,8305$2,100
$2,100
RENT COMPS ANALYSIS
  • 4673 Arrowhead Trail Sw Lilburn, GA 4
    • 4 beds 3 baths ∙ 2,381 Sqft ∙ Built 1973 4 beds 3 baths ∙ 2,381 Sqft ∙ Built 1973
    • Rent
    • Rent Per SQFT
    •  
    • $1,830
    • $0.77
    •  
  • 523 Baltimore Avenue Sw Lilburn, GA 1
    • 3 beds 2 baths ∙ 2,054 Sqft ∙ Built 1972 3 beds 2 baths ∙ 2,054 Sqft ∙ Built 1972
    LEASED 08/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.71
    •  
  • 462 Johannah Place Sw Lilburn, GA 2
    • 3 beds 3 baths ∙ 2,312 Sqft ∙ Built 1972 3 beds 3 baths ∙ 2,312 Sqft ∙ Built 1972
    LEASED 04/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $0.75
    •  
  • 498 Cole Drive Sw Lilburn, GA 3
    • 4 beds 3 baths ∙ 2,237 Sqft ∙ Built 1977 4 beds 3 baths ∙ 2,237 Sqft ∙ Built 1977
    LEASED 11/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.80
    •  
  • 262 Sw Windsong Lane Sw Lilburn, GA 5
    • 4 beds 3 baths ∙ 2,698 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,698 Sqft ∙ Built 1978
    LEASED 12/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.78
    •  
PROPERTY LISTING DETAILS
Kim Klir
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6858068
Last Updated: 03/25/2021
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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