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4693 Sharon Valley Court Atlanta, GA 30360

4 Beds 3 Baths 2,534 sqft Built 1968

$468,000

List Price

$2,460

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

December 29, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1968
  • Price/Sqft : $184.69
  • 6 Days on Market
  • MLS # : 6821601
  • Updated Date : 01/01/2021 at 15:52
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,534 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

Beautifully well-maintained home located on a quiet cul-de-sac in the sought-after Dunwoody North community. Walking distance to Brook Run Park and local schools. Hardwood floors throughout, recessed lighting, recently replaced windows, water heater, HVAC, custom staircase, master with French doors leading to large upper deck, great sized secondary bedrooms. Level fenced backyard, great for family/pets, wide driveway with extension for extra parking. Come see this home ideal for families as it won’t last long.

SEE MORE

MARKET HIGHLIGHTS

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

PRICE & RENT TRENDS

Neighborhood: Dunwoody

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $113k326k

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

Neighborhood: Dunwoody

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100012001400160018002000220024002600Rent in $9732675

* 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
Chesnut Elementary School Primary Charter 452 30 6
Peachtree Middle School Middle Charter 1,398 95 6
Dunwoody High School High Regular 1,676 89 8

Chesnut Elementary School

  • Education Level: Primary
  • # of students: 452
  • # of teachers: 30
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
 

$421,200$514,800$468,000

PURCHASE PRICE

$2,214$2,706$2,460

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,460
EXPENSES Loan Payment -$1,727
Property Tax -$534
Property Insurance -$76
Property Management Fees -$119
CASH FLOW
$5

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.

$468,000

PROJECTED PRICE

$2,460

PROJECTED RENT

0.53%

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$129,770

INVESTMENT

$129,770

Down Payment
$117,000
Rehab Estimate
$5,750
Closing Costs
$7,020

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,727

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $117,000
Loan Amount $351,000
See What Happens When You Reinvest Cash Flow

4.92

YEARS SAVED

$27,552

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,460

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $2,452

    COMP ESTIMATED VALUE
  • $0.97

    COMP AVG. RENT PER SQFT
Comps Range
$2,250
1$2,2502$2,4003$2,4004$2,4605$2,650
$2,650
RENT COMPS ANALYSIS
  • 4693 Sharon Valley Court Atlanta, GA 4
    • 4 beds 3 baths ∙ 2,534 Sqft ∙ Built 1968 4 beds 3 baths ∙ 2,534 Sqft ∙ Built 1968
    • Rent
    • Rent Per SQFT
    •  
    • $2,460
    • $0.97
    •  
  • 4769 Dunover Circle Doraville, GA 1
    • 4 beds 3 baths ∙ 2,325 Sqft ∙ Built 1968 4 beds 3 baths ∙ 2,325 Sqft ∙ Built 1968
    LEASED 05/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,250
    • $0.97
    •  
  • 2468 Ridgeway Drive Atlanta, GA 2
    • 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1962 3 beds 3 baths ∙ 2,300 Sqft ∙ Built 1962
    LEASED 10/21/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $1.04
    •  
  • 2587 W Fontainebleau Court W Dunwoody, GA 3
    • 4 beds 3 baths ∙ 2,718 Sqft ∙ Built 1969 4 beds 3 baths ∙ 2,718 Sqft ∙ Built 1969
    LEASED 04/30/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,400
    • $0.88
    •  
  • 2623 Wood Hollow Drive Dunwoody, GA 5
    • 4 beds 4 baths ∙ 2,708 Sqft ∙ Built 1968 4 beds 4 baths ∙ 2,708 Sqft ∙ Built 1968
    LEASED 11/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,650
    • $0.98
    •  
PROPERTY LISTING DETAILS
Mark Spain
1.770.886.9000
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6821601
Last Updated: 01/01/2021
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.

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