2957 Chukar Trail Decatur, GA 30034
Current Rent | Market Rent | Custom
Current Rent: Monthly rent under current lease.

Market Rent: Estimate of monthly rent if the property was leased in the current rental market.

Custom Rent: Your own rent input in the Assumptions section below.
$1/sf
$945
The current rent for this property is lower than the market rent estimates provided by local Property Managers and/or Brokers. There could be an opportunity to increase the rent, leading to a higher yield.
Unlevered Cash Flow
First year net cash flow received after all operating expenses, capital expenditures, property taxes, and assuming 5% vacancy and no debt.
 
$6,082
Appreciation

Forecasted annual appreciation percentage increase over a 5 yr time horizon based upon monthly home appreciation data from Collateral Analytics, LLC.

 
2.8%
Gross Yield
Monthly rent x 12 months, divided by purchase price.
 
10.5%
Unlevered Net Yield
Annual net operating income minus capital expenditures, divided by purchase price. Assuming 5% vacancy and no debt.
 
5.7%
Levered IRR
A measure of annualized net return on an equity investment. Equals the discount rate at which the sum of the present value of all cash flows is zero. Calculation based on values in Manage Assumptions, 5 year hold period, 3% annual rent growth, and estimated disposition fees of 3.5%.
 
15.5%

Manage Assumptions

About This Roof

investment property - 2957 Chukar Trail, Decatur, GA 30034, DeKalb - image 0
investment property - 2957 Chukar Trail, Decatur, GA 30034, DeKalb - image 0
investment property - 2957 Chukar Trail, Decatur, GA 30034, DeKalb - image 1
investment property - 2957 Chukar Trail, Decatur, GA 30034, DeKalb - image 2
investment property - 2957 Chukar Trail, Decatur, GA 30034, DeKalb - image 3
3D Tour
3D Model
  • Both Roof and HVAC have 5+ years remaining of useful life per inspection report
  • Current tenant has resided in the home for more than 2 years
  • Currently leased through September 2018
  • 15 miles from downtown Atlanta
  • Year Built: 1971
  • Sq Ft: 1,797
  • Bedrooms: 3
  • Crime Risk:
    A-
    Crime Risk is a proprietary score based on the FBI’s Uniform Crime Reporting statistics and is produced by RealtyTrac.
  • Lot Size: 21,780
  • HOA: none
  • Bathrooms: 2
  • Flood Risk:
    Low
    Flood Risk is derived from the FEMA flood zone maps. Many lenders require flood insurance in riskier areas.

Schools

Lease and Tenant Summary

Financing Options

Property Management Options

Investment Terms

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Roofstock Certified

This property is Certified.
The Roofstock Certification Process:
  1. A property inspection conducted by an experienced national inspection firm
  2. Property valuation and rental market analysis to ensure properties are priced fairly
  3. An estimate of the cost of major repairs
  4. Preliminary title report with no uninsurable encumbrances or liens and preliminary title commitments, where applicable
  5. Review and summarize key lease terms including monthly rent, lease-end date, security deposit, and utility responsibility
  6. Review tenant payment history to determine that they have adhered to the lease with timely payments
  7. Home disclosure reports that summarize any local risks including natural hazards and local crime rates
  8. Certified property managers, vetted by Roofstock, that are experts in the local area
The Roofstock valuation range represents the highest and lowest adjusted values for comparable properties selected by Roofstock and analyzed by the HouseCanary model. The highest and lowest adjusted values used for the range and the adjusted comparable value are based upon at least 3 properties sold within the past 12 months and that are the most similar to the property in location, size, condition, age, style, and design, as selected by Roofstock and valued by the HouseCanary model. If a HouseCanary comparable value is not available for a property, the Roofstock valuation range is based upon a calculated weighted average of the valuation reports for the property with the with the width of the range being the combined precision of all valuation reports. All valuation reports can be found in the property vault.
  • Property Valuation:
    $93,000 - $129,000
  • Estimated Market Rent: $1,000
  • Roofstock performs two types of inspections in our certification process. Our standard inspection is an Interior and Exterior Inspection. In some circumstances we provide an Exterior Only Inspection at the time of listing. The Exterior Only Inspection covers most of the major structural elements of the house, and the interior portion of the inspection will be completed after signing the Purchase & Sale Agreement (PSA) and prior to the close of escrow. The PSA will include an Inspection Contingency, which allows the buyer to cancel the contract if the Interior Inspection uncovers material issues with the house.
    Inspection Report:
    Inspection: Interior & Exterior

Diligence Vault

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