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545 Ansley Drive Roswell, GA 30076

4 Beds 3 Baths 1,766 sqft Built 1980

$340,000

List Price

$1,720

$1.5K - $1.9K

Rent Est.

PROPERTY INFO

February 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1980
  • Price/Sqft : $192.53
  • 1 Days on Market
  • MLS # : 6840280
  • Updated Date : 02/14/2021 at 00:40
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,766 sqft
  • Baths : 2 full , 1 half
Listing Agent's Description

Move in ready home in a fantastic Roswell location! Come see this four bedroom split level home with plenty of living space to spread out. Two large living areas on main level, separate dining room, and eat in kitchen. Half bath on main. Updated granite countertops in kitchen and bathrooms. Large master suite with walk in closet. Whirlpool tub and frameless shower in the master en-suite. Private, fully fenced backyard. Fresh paint and new carpet. Easy access to 400. Enjoy shopping and dining at nearby Avalon, Northpoint mall, Canton Street or downtown Alpharetta.

SEE MORE

MARKET HIGHLIGHTS

  • 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)
  • As the largest share, Atlanta metro contributes to 69.3% of Georgia state economy i.e. Gross State Product (USMayors.org, 2018)
  • #1 Most affordable big city (WalletHub, 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)

PRICE & RENT TRENDS

Neighborhood: Britton Woods

NeighborhoodNIR Market*CityMarket2010Year20002019120k140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $113k394k

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

Neighborhood: Britton Woods

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800190020002100220023002400Rent in $9732417

* 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
Northwood Elementary School Primary Regular 743 49 8
Haynes Bridge Middle School Middle Regular 742 61 6
Centennial High School High Regular 1,847 123 7

Northwood Elementary School

  • Education Level: Primary
  • # of students: 743
  • # of teachers: 49
8
GreatSchools Rating

Haynes Bridge Middle School

  • Education Level: Middle
  • # of students: 742
  • # of teachers: 61
6
GreatSchools Rating

Centennial High School

  • Education Level: High
  • # of students: 1,847
  • # of teachers: 123
7
GreatSchools Rating
 

$306,000$374,000$340,000

PURCHASE PRICE

$1,548$1,892$1,720

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,720
EXPENSES Loan Payment -$1,181
Property Tax -$347
Property Insurance -$61
Property Management Fees -$119
CASH FLOW
$11

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.

$340,000

PROJECTED PRICE

$1,720

PROJECTED RENT

0.51%

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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$95,850

INVESTMENT

$95,850

Down Payment
$85,000
Rehab Estimate
$5,750
Closing Costs
$5,100

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,181

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $85,000
Loan Amount $255,000
See What Happens When You Reinvest Cash Flow

5.08

YEARS SAVED

$17,460

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,720

    LIST RENT
  • $0.97

    LIST RENT PER SQFT
  • $1,828

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$1,720
1$1,7202$1,7753$1,8004$1,8505$2,100
$2,100
RENT COMPS ANALYSIS
  • 545 Ansley Drive Roswell, GA 1
    • 4 beds 3 baths ∙ 1,766 Sqft ∙ Built 1980 4 beds 3 baths ∙ 1,766 Sqft ∙ Built 1980
    • Rent
    • Rent Per SQFT
    •  
    • $1,720
    • $0.97
    •  
  • 180 Ansley Court Roswell, GA 2
    • 3 beds 2 baths ∙ 1,794 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,794 Sqft ∙ Built 1980
    LEASED 04/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,775
    • $0.99
    •  
  • 140 Crabtree Drive Roswell, GA 3
    • 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1983 3 beds 2 baths ∙ 1,660 Sqft ∙ Built 1983
    LEASED 07/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $1.08
    •  
  • 10050 Lake Forest Way Roswell, GA 4
    • 3 beds 2 baths ∙ 1,944 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,944 Sqft ∙ Built 1980
    LEASED 08/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.95
    •  
  • 625 Ridgemont Drive Roswell, GA 5
    • 4 beds 3 baths ∙ 1,880 Sqft ∙ Built 1981 4 beds 3 baths ∙ 1,880 Sqft ∙ Built 1981
    LEASED 09/01/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $1.12
    •  
PROPERTY LISTING DETAILS
Brian Linkowski
1.404.433.7931
Shakhan King
1.866.250.5610
RentVest Georgia LLC
H-75957
FIrst Multiple Listing Services ( FMLS)
MLS #: 6840280
Last Updated: 02/14/2021
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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