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

4719 Liberty Square Drive Acworth, GA 30101

3 Beds 3 Baths 1,652 sqft Built 2004

$220,000

List Price

$1,390

$1.3K - $1.5K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 25, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2004
  • Price/Sqft : $133.17
  • 4 Days on Market
  • MLS # : 6845889
  • Updated Date : 02/26/2021 at 13:26
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,652 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

This 3 bedroom/ 3 bath traditional brick townhome has classic curb appeal and modern touches. The main floor features a spacious living room with brick fireplace and dining area. The eat-in kitchen has stainless steel appliances. The owner’s bedroom features bay windows, a coffered ceiling and ample closet space. The owner’s en suite has a separate tub and shower. Private patio area and parking pad. Convenient to Lake Acworth Beach, Downtown Acworth and access to I-75. Great amenities include swim/tennis.

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)
  • #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)

PRICE & RENT TRENDS

Neighborhood: Liberty Square

NeighborhoodNIR Market*CityMarket2010Year20002019110k120k130k140k150k160k170k180k190k200k210k220kPrice in $103k228k

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

Neighborhood: Liberty Square

NeighborhoodNIR Market*CityMarket2010Year20002019 Q29001000110012001300140015001600Rent in $8411603

* 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
Acworth Intermediate School Primary Regular 744 58 5
Barber Middle School Middle Regular 959 56 7
North Cobb High School High Regular 2,856 143 7

Acworth Intermediate School

  • Education Level: Primary
  • # of students: 744
  • # of teachers: 58
5
GreatSchools Rating

Barber Middle School

  • Education Level: Middle
  • # of students: 959
  • # of teachers: 56
7
GreatSchools Rating

North Cobb High School

  • Education Level: High
  • # of students: 2,856
  • # of teachers: 143
7
GreatSchools Rating
 

$198,000$242,000$220,000

PURCHASE PRICE

$1,251$1,529$1,390

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,390
EXPENSES Loan Payment -$764
Property Tax -$243
Property Insurance -$59
HOA -$78
Property Management Fees -$119
CASH FLOW
$127

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.

$220,000

PROJECTED PRICE

$1,390

PROJECTED RENT

0.63%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.52%
Appreciation Year (1-5) 6.4%
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$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$64,050

INVESTMENT

$64,050

Down Payment
$55,000
Rehab Estimate
$5,750
Closing Costs
$3,300

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$764

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $55,000
Loan Amount $165,000
See What Happens When You Reinvest Cash Flow

6.58

YEARS SAVED

$17,177

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,390

    LIST RENT
  • $0.84

    LIST RENT PER SQFT
  • $1,520

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,390
1$1,3902$1,5953$1,6454$1,6505$1,695
$1,695
RENT COMPS ANALYSIS
  • 4719 Liberty Square Drive Acworth, GA 1
    • 3 beds 3 baths ∙ 1,652 Sqft ∙ Built 2004 3 beds 3 baths ∙ 1,652 Sqft ∙ Built 2004
    • Rent
    • Rent Per SQFT
    •  
    • $1,390
    • $0.84
    •  
  • 5112 Acworth Landing Drive Acworth, GA 2
    • 3 beds 3 baths ∙ 1,771 Sqft ∙ Built 2013 3 beds 3 baths ∙ 1,771 Sqft ∙ Built 2013
    LEASED 05/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.90
    •  
  • 4312 Brandy Ann Court Acworth, GA 3
    • 3 beds 2 baths ∙ 1,712 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,712 Sqft ∙ Built 1993
    LEASED 07/20/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,645
    • $0.96
    •  
  • 4304 Brandy Ann Court Acworth, GA 4
    • 4 beds 2 baths ∙ 1,806 Sqft ∙ Built 1993 4 beds 2 baths ∙ 1,806 Sqft ∙ Built 1993
    LEASED 02/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.91
    •  
  • 4816 Liberty Plaza Acworth, GA 5
    • 3 beds 3 baths ∙ 1,863 Sqft ∙ Built 2005 3 beds 3 baths ∙ 1,863 Sqft ∙ Built 2005
    LEASED 08/25/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.91
    •  
PROPERTY LISTING DETAILS
Joanne M Curtin
1.678.287.4848
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6845889
Last Updated: 02/26/2021
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.

BESbswy