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1266 E Shiloh Trail Nw 
Kennesaw, GA
30144
4 Beds 3 Baths 2,198 sqft
Built 1981
INVESTimate
$300,000
List Price
$85,250
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PROPERTY INFO
FACTS
- Built In 1981
- Price/Sqft : $136.49
- 3 Days on Market
- MLS # : 6771199
- Updated Date : 08/25/2020 at 19:40
CONSTRUCTION
- Beds : 4
- Floor Size : 2,198 sqft
- Baths : 3 full
Listing Agent's Description
Incredible contemporary home in sought after Fairways of Pinetree community. Move in ready and completely updated- bathrooms, kitchen, flooring, and paint are all new! Enjoy the incredible natural light that comes from the high ceilings and large windows throughout the home. The spacious family room features a great stone fireplace, and opens up to the large back deck. All of the bedrooms are a great size, and storage and closet space is abundant.
SEE MORE
- #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
Neighborhood: Fairways of Pinetree
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Fairways of Pinetree
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,600 |
| EXPENSES | Loan Payment | -$1,107 |
| Property Tax | -$265 | |
| Property Insurance | -$70 | |
| Property Management Fees | -$119 | |
|
CASH FLOW
$39
|
||
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.
$300,000
PROJECTED PRICE
$1,600
PROJECTED RENT
0.53%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.52% |
| Appreciation Year (1-5) | 6.98% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 7.33% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$85,250
LOAN DETAILS
$1,107
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $75,000 |
| Loan Amount | $225,000 |
5.25
YEARS SAVED
$19,036
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,600
LIST RENT -
$0.73
LIST RENT PER SQFT
-
$1,676
COMP ESTIMATED VALUE -
$0.76
COMP AVG. RENT PER SQFT
Comps Range
-
1266 E Shiloh Trail Nw Kennesaw, 3
- 4 beds 3 baths ∙ 2,198 Sqft ∙ Built 1981 4 beds 3 baths ∙ 2,198 Sqft ∙ Built 1981
- Rent
- Rent Per SQFT
- $1,600
- $0.73
-
3846 Glenlake Springs Court Nw Kennesaw, 1
- 3 beds 3 baths ∙ 1,862 Sqft ∙ Built 1997 3 beds 3 baths ∙ 1,862 Sqft ∙ Built 1997
LEASED 04/15/20- Rent
- Rent Per SQFT
- $1,500
- $0.81
-
313 Ethridge Drive Nw Kennesaw, 2
- 3 beds 3 baths ∙ 2,131 Sqft ∙ Built 1998 3 beds 3 baths ∙ 2,131 Sqft ∙ Built 1998
LEASED 08/19/19- Rent
- Rent Per SQFT
- $1,580
- $0.74
-
467 Ethridge Drive Nw Kennesaw, 4
- 4 beds 3 baths ∙ 2,194 Sqft ∙ Built 1999 4 beds 3 baths ∙ 2,194 Sqft ∙ Built 1999
LEASED 05/14/20- Rent
- Rent Per SQFT
- $1,695
- $0.77
-
3626 Southwick Drive Nw Kennesaw, 5
- 4 beds 4 baths ∙ 2,334 Sqft ∙ Built 1998 4 beds 4 baths ∙ 2,334 Sqft ∙ Built 1998
LEASED 06/30/20- Rent
- Rent Per SQFT
- $1,700
- $0.73
PROPERTY LISTING DETAILS
1.912.856.4714
1.866.250.5610
RentVest Georgia LLC
H-75957
MLS #: 6771199
Last Updated: 08/25/2020
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.
