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4980 Haydens Walk Drive Johns Creek, GA 30022

4 Beds 3 Baths 2,842 sqft Built 1992

$498,500

List Price

$2,470

$2.2K - $2.7K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $175.40
  • 2 Days on Market
  • MLS # : 6856417
  • Updated Date : 03/20/2021 at 09:29
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,842 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

This home is STUNNING!! Newly renovated 4BR/2.5 BA in the heart of Johns Creek. New kitchen, new hardwood floors throughout, new windows with custom window treatment, 4th bedroom has plumbing for 3rd private bathroom, walk-up attic in a cul-de-sac lot. The well-kept private backyard with a beautiful gazebo will make you want to stay home to relax or entertain. This home has it all!! Award winning schools, premier shopping, entertainment in an active swimming and tennis community!

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • 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)

PRICE & RENT TRENDS

Neighborhood: Haydens Walk

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450k500k550kPrice in $113k560k

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

Neighborhood: Haydens Walk

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100012001400160018002000220024002600280030003200Rent in $9733324

* 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
State Bridge Crossing Elementary School Primary Regular 825 47 7
Autrey Mill Middle School Middle Regular 1,385 93 9
Johns Creek High School High Regular 2,011 101 9

State Bridge Crossing Elementary School

  • Education Level: Primary
  • # of students: 825
  • # of teachers: 47
7
GreatSchools Rating

Autrey Mill Middle School

  • Education Level: Middle
  • # of students: 1,385
  • # of teachers: 93
9
GreatSchools Rating

Johns Creek High School

  • Education Level: High
  • # of students: 2,011
  • # of teachers: 101
9
GreatSchools Rating
 

$448,650$548,350$498,500

PURCHASE PRICE

$2,223$2,717$2,470

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,470
EXPENSES Loan Payment -$1,731
Property Tax -$455
Property Insurance -$82
HOA -$133
Property Management Fees -$119
CASH FLOW
-$50

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$498,500

PROJECTED PRICE

$2,470

PROJECTED RENT

0.50%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.18%
Appreciation Year (1-5) 5.4%
Maintenance Year (1-5) 8.00%
Vacancy 7.74%
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$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$137,853

INVESTMENT

$137,853

Down Payment
$124,625
Rehab Estimate
$5,750
Closing Costs
$7,478

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,731

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $124,625
Loan Amount $373,875
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$19,159

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,470

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $2,567

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$2,000
1$2,0002$2,4703$2,5004$2,800
$2,800
RENT COMPS ANALYSIS
  • 4980 Haydens Walk Drive Johns Creek, GA 2
    • 4 beds 3 baths ∙ 2,842 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,842 Sqft ∙ Built 1992
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,470
    • $0.87
    •  
  • 5085 Avala Park Lane Peachtree Corners, GA 1
    • 4 beds 3 baths ∙ 2,548 Sqft ∙ Built 1995 4 beds 3 baths ∙ 2,548 Sqft ∙ Built 1995
    property image
    LEASED 06/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.78
    •  
  • 5330 Twillingate Place Duluth, GA 3
    • 4 beds 3 baths ∙ 2,840 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,840 Sqft ∙ Built 1993
    property image
    LEASED 07/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,500
    • $0.88
    •  
  • 5155 Thamesgate Close Peachtree Corners, GA 4
    • 4 beds 3 baths ∙ 2,672 Sqft ∙ Built 1997 4 beds 3 baths ∙ 2,672 Sqft ∙ Built 1997
    property image
    LEASED 10/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,800
    • $1.05
    •  
PROPERTY LISTING DETAILS
Theresa Abak
1.770.365.4353
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6856417
Last Updated: 03/20/2021
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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