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5134 Vansant Trail Powder Springs, GA 30127

4 Beds 3 Baths 2,219 sqft Built 2013

$269,900

List Price

$1,780

$1.6K - $2K

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2013
  • Price/Sqft : $121.63
  • 3 Days on Market
  • MLS # : 6835507
  • Updated Date : 02/06/2021 at 08:00
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,219 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

Beautiful New Listing in sought after West Cobb! This is a meticulously maintained home which features a covered porch for relaxing on a warm evening, open kitchen with stainless gas range, microwave, and dishwasher with open views to the family room. Stunning/Lavish master suite offers tray ceiling, huge walk in closet, soaking tub, and dual vanity. This is the perfect home for entertaining & creating great family memories. Secondary bedrooms are extremely spacious and offer tons of closet space. Property extends beyond the fence.

SEE MORE

MARKET HIGHLIGHTS

  • #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)
  • 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)

PRICE & RENT TRENDS

Zip Code: 30127

ZipNIR Market*CityMarket2010Year20002019110k120k130k140k150k160k170k180k190k200k210kPrice in $103k216k

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

Zip Code: 30127

ZipNIR Market*CityMarket2010Year20002019 Q210001050110011501200125013001350140014501500Rent in $9731509

* 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
Varner Elementary School Primary Regular 685 50 8
Tapp Middle School Middle Regular 769 51 8
Mceachern High School High Regular 2,239 122 6

Varner Elementary School

  • Education Level: Primary
  • # of students: 685
  • # of teachers: 50
8
GreatSchools Rating

Tapp Middle School

  • Education Level: Middle
  • # of students: 769
  • # of teachers: 51
8
GreatSchools Rating

Mceachern High School

  • Education Level: High
  • # of students: 2,239
  • # of teachers: 122
6
GreatSchools Rating
 

$242,910$296,890$269,900

PURCHASE PRICE

$1,602$1,958$1,780

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,780
EXPENSES Loan Payment -$937
Property Tax -$325
Property Insurance -$70
HOA -$54
Property Management Fees -$119
CASH FLOW
$275

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.

$269,900

PROJECTED PRICE

$1,780

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.52%
Appreciation Year (1-5) 7.0%
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$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k$18k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$77,274

INVESTMENT

$77,274

Down Payment
$67,475
Rehab Estimate
$5,750
Closing Costs
$4,049

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$937

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $67,475
Loan Amount $202,425
See What Happens When You Reinvest Cash Flow

9.08

YEARS SAVED

$33,639

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,780

    LIST RENT
  • $0.8

    LIST RENT PER SQFT
  • $1,720

    COMP ESTIMATED VALUE
  • $0.77

    COMP AVG. RENT PER SQFT
Comps Range
$1,550
1$1,5502$1,7353$1,780
$1,780
RENT COMPS ANALYSIS
  • 5134 Vansant Trail Powder Springs, GA 3
    • 4 beds 3 baths ∙ 2,219 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,219 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $1,780
    • $0.80
    •  
  • 1406 Tender Trail Powder Springs, GA 1
    • 5 beds 3 baths ∙ 2,124 Sqft ∙ Built 1996 5 beds 3 baths ∙ 2,124 Sqft ∙ Built 1996
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.73
    •  
  • 5039 Mickleton Way Powder Springs, GA 2
    • 4 beds 3 baths ∙ 2,115 Sqft ∙ Built 1993 4 beds 3 baths ∙ 2,115 Sqft ∙ Built 1993
    LEASED 07/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,735
    • $0.82
    •  
PROPERTY LISTING DETAILS
Quincy Smallwood
1.404.901.6415
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6835507
Last Updated: 02/06/2021
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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