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4935 Bent Creek Court Sugar Hill, GA 30518

5 Beds 4 Baths 2,431 sqft Built 1990

INVESTimate

$250,000

List Price

$1,730

$1,557 - $1,903

Rent Est.

$266,550  ( +6.62%)   1 YR EST. FORECAST

PROPERTY INFO

August 25, 2020 RECENTLY ADDED
FACTS
  • Built In 1990
  • Price/Sqft : $102.84
  • 2 Days on Market
  • MLS # : 6771371
  • Updated Date : 08/25/2020 at 19:40
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,431 sqft
  • Baths : 4 full
Listing Agent's Description

This spacious traditional home sits on a quiet cul-de-sac lot. At the entry you are welcomed by gleaming hardwood floors as you step into one of many living areas. Off of this living area is a master-on-the-main. Master bathroom features two separate vanities, a walk-in shower, and a walk-in tub! Main level laundry. Upstairs enjoy spacious open concept living, and continuation of beautiful hardwood floors. This open layout is perfect for entertaining guests - one continuous open space where you can gather in the kitchen, dining area, or the living room.

SEE MORE

MARKET HIGHLIGHTS

  • #1 Most affordable big city (WalletHub, 2018)
  • #1 corporate relocation city (Coldwell Banker Commercial Blue Book,, 2018)
  • #1 Moving Destination in the Nation (Penske, 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)
  • As the largest share, Atlanta metro contributes to 69.3% of Georgia state economy i.e. Gross State Product (USMayors.org, 2018)
  • Atlanta metro has 66.1% labor force participation rate higher than the national rate 62.8% (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).
  • #1 World’s Busiest Airport(Airports Council International, 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: 30518

ZipNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320kPrice in $113k321k

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

Zip Code: 30518

ZipNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700180019002000Rent in $9502009

* 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
Sugar Hill Elementary School Primary Regular 1,202 77 8
Lanier Middle School Middle Regular 1,353 79 7
Lanier High School High Regular 1,718 88 7

Sugar Hill Elementary School

  • Education Level: Primary
  • # of students: 1,202
  • # of teachers: 77
8
GreatSchools Rating

Lanier Middle School

  • Education Level: Middle
  • # of students: 1,353
  • # of teachers: 79
7
GreatSchools Rating

Lanier High School

  • Education Level: High
  • # of students: 1,718
  • # of teachers: 88
7
GreatSchools Rating
 

$225,000$275,000$250,000

PURCHASE PRICE

$1,557$1,903$1,730

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$5.0k$10k$15k$20k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,730
EXPENSES Loan Payment -$922
Property Tax -$297
Property Insurance -$74
Property Management Fees -$119
CASH FLOW
$317

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.

$250,000

PROJECTED PRICE

$1,730

PROJECTED RENT

0.69%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.09%
Appreciation Year (1-5) 6.62%
Maintenance Year (1-5) 8.00%
Vacancy 7.38%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$72,000

INVESTMENT

$72,000

Down Payment
$62,500
Rehab Estimate
$5,750
Closing Costs
$3,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$922

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $62,500
Loan Amount $187,500
See What Happens When You Reinvest Cash Flow

11.17

YEARS SAVED

$48,914

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,730

    LIST RENT
  • $0.71

    LIST RENT PER SQFT
  • $1,914

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$1,665
1$1,6652$1,7303$1,9004$2,0005$2,100
$2,100
RENT COMPS ANALYSIS
  • 4935 Bent Creek Court Sugar Hill, 2
    • 5 beds 4 baths ∙ 2,431 Sqft ∙ Built 1990 5 beds 4 baths ∙ 2,431 Sqft ∙ Built 1990
    • Rent
    • Rent Per SQFT
    •  
    • $1,730
    • $0.71
    •  
  • 4965 Markim Forest Lane Sugar Hill, 1
    • 4 beds 3 baths ∙ 2,148 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,148 Sqft ∙ Built 2001
    LEASED 02/06/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,665
    • $0.78
    •  
  • 460 Chandler Court Sugar Hill, 3
    • 4 beds 3 baths ∙ 2,611 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,611 Sqft ∙ Built 1995
    LEASED 02/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,900
    • $0.73
    •  
  • 4640 Glen Level Drive Sugar Hill, 4
    • 5 beds 3 baths ∙ 2,490 Sqft ∙ Built 2002 5 beds 3 baths ∙ 2,490 Sqft ∙ Built 2002
    LEASED 06/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.80
    •  
  • 384 Ambrose Creek Drive Sugar Hill, 5
    • 4 beds 3 baths ∙ 2,514 Sqft ∙ Built 2002 4 beds 3 baths ∙ 2,514 Sqft ∙ Built 2002
    LEASED 06/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.84
    •  
PROPERTY LISTING DETAILS
David Lewis
1.404.867.0792
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6771371
Last Updated: 08/25/2020
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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