The Rutledge Plan · Cartersville, GA 30120

$215,990

3 bd · 2.5 ba · 1,443 sqft · SingleFamily · 73 Days on market

Good condition

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Why this score? — see what drove the F grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +7.5/15.0
• Cash flow +4.8/30.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• Schools +2.5/10.0
• Rent growth +2.4/5.0
• 1% rule +0.6/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks

The Rutledge welcomes you with a covered front porch that leads into the foyer. Just off the entrance, a convenient powder room and coat closet are ideally placed for guests. The heart of the home features an open-concept layout where the family room, dining area, and kitchen flow seamlessly together. The kitchen is both stylish and functional, with a walk-in pantry, an optional central island, and direct access to the rear patio perfect for entertaining. Upstairs, the owners suite includes a spacious walk-in closet and private bath. Two additional bedrooms share a full bath, and the laundry room is conveniently located on the second floor to make daily routines a breeze.

Key facts

• Covered front porch
• Private bath
• Open-concept layout

Tags

• COVERED FRONT PORCH
• OPEN-CONCEPT LAYOUT
• WALK-IN PANTRY
• DIRECT ACCESS TO REAR PATIO
• SPACIOUS WALK-IN CLOSET
• PRIVATE BATH

🏗️ New construction. The $215,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $333,730.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $216k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-819 ($-10k/yr) — negative.
• To cash-flow at today's rent, offer at most $215k (0.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (12.8% below list).
• Recommended offer: $188k (12.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 74/100 on livability (#43 in GA, #4,800 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, amenities A; Watch: commute F.
• Bartow County (rural): math 33% / reading 34% proficiency, ranked #70 of 174 in GA (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Kingston Elementary School (math 15% / reading 21%, grade F, #926 of 1,228 statewide, top 76%, 526 students, 68% FRL); Cass Middle School (math 35% / reading 36%, grade F, #185 of 470 statewide, top 40%, 879 students, 58% FRL); Cass High School (math 17% / reading 25%, grade F, #225 of 424 statewide, top 54%, 1,551 students, 51% FRL).
• Market conditions: Rents soft (-0.2%/yr); 689 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 9d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 1,618 units permitted in Bartow County in 2024 (265 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 73 days — a 6% lower offer ($203k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 5→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $188,255 (12.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 73 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.56% ✗
• Cap rate: 3.35%
• Cash-on-cash: -10.52%
• DSCR: 0.53
• GRM: 14.8

CMA / ARV

• ARV (median comp): $333,730
• List price: $215,990
• Delta: -35.61%
• Verdict: UNDERPRICED
• Comps: 20 within 2.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
213 Pisgah Xing #7	0.23mi	3/2.5	1,629 (+13%)	0mo	$245,000	$150	67
213 Pisgah Xing #7	0.23mi	3/2.5	1,629 (+13%)	0mo	$245,000	$150	67
34 Cowan Dr SW	0.54mi	3/2.0	1,517 (+5%)	26mo	$318,000	$210	44
42 Arnold Rd NW	1.46mi	3/2.0	1,362 (-6%)	34mo	$260,000	$191	34
22 Stiles Fairway NW	1.44mi	3/2.0	1,576 (+9%)	31mo	$340,000	$216	28
206 San Marino Way	1.50mi	3/2.0	1,663 (+15%)	17mo	$320,000	$192	24
177 Innis Brook Cir	1.50mi	3/2.0	1,622 (+12%)	29mo	$322,000	$199	22
123 Colonial Cir NW	1.23mi	4/2.5 (+1)	1,778 (+23%)	19mo	$355,000	$200	19

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -38.6%
• Equity multiple: -0.20×
• Total profit: $-111,738
• Equity at exit: $49,760

10-year hold

• IRR: -81.2%
• Equity multiple: -0.99×
• Total profit: $-185,682
• Equity at exit: $28,855

Cash invested: $93,445 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Georgia: 90 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

Magistrate court evictions in 10-30 days; no rent control; preempted; few tenant protections.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 7 active
• Median asking: $235,900 ($148/sqft)
• Median days on market: 73 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +56.4% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 30120

• Home prices YoY: -18.6%
• Rents YoY: -0.2%
• Active inventory: 689
• Price-to-rent: 9.6×

Monthly cashflow live

• Estimated rent: $1,883 medium
• Mortgage (P&I): −$1,750
• Tax est. 1.5%: −$417 /mo · $5,006/yr
• Insurance: −$139
• HOA: −$0
• Vacancy / Maint / Mgmt: −$395
• Net cashflow: $-819

Break-even live

Break-even rent $2,919

Max offer price $215,202

Occupancy floor —

Sensitivity live

Price	-10% $-588	-5% $-704	+0% $-819	+5% $-934	+10% $-1,050
Rent	-10% $-968	-5% $-893	+0% $-819	+5% $-745	+10% $-670
Rate	-1.0pp $-651	-0.5pp $-734	base $-819	+0.5pp $-906	+1.0pp $-994

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $83,433
• Closing costs: $10,012
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
128 Innis Brook Cir Cartersville, GA	3.0	2.5	1689	$1,845	$1.09	2d	1	1.42mi
120 Innis Brook Cir Cartersville, GA	3.0	2.0	1601	$1,695	$1.06	93d	1	1.47mi
109 Innis Brook Cir Cartersville, GA	3.0	2.0	1601	$1,719	$1.07	8d	1	1.48mi

Property features AI

Finance

• Other: Listing status: Active
• Financial info: List price $229,900

Exterior

• Parking: 1 parking space
• Utilities: Central air conditioning
• Home design: New construction plan (The Rutledge)
• Construction: Living area approximately 1,443Built from plan (new construction)
• Exterior features: Plan-built home (The Rutledge)Address: Cartersville, GA

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms1 half bathroom
• Heating & cooling: Central air
• Interior features: Central air conditioning

Listing history 50 events

1. 2026-08-08
   pricedays on market $215,990 Active 73 DOM
2. 2026-08-06
   days on market $214,900 Active 71 DOM
3. 2026-08-05
   days on market $214,900 Active 70 DOM
4. 2026-08-04
   days on market $214,900 Active 69 DOM
5. 2026-08-03
   days on market $214,900 Active 68 DOM
6. 2026-07-31
   days on market $214,900 Active 65 DOM
7. 2026-07-30
   days on market $214,900 Active 64 DOM
8. 2026-07-30
   days on market $214,900 Active 63 DOM
9. 2026-07-28
   days on market $214,900 Active 62 DOM
10. 2026-07-26
    days on market $214,900 Active 60 DOM
11. 2026-07-24
    days on market $214,900 Active 58 DOM
12. 2026-07-23
    days on market $214,900 Active 57 DOM
13. 2026-07-22
    days on market $214,900 Active 56 DOM
14. 2026-07-21
    days on market $214,900 Active 55 DOM
15. 2026-07-20
    days on market $214,900 Active 54 DOM
16. 2026-07-18
    days on market $214,900 Active 52 DOM
17. 2026-07-18
    days on market $214,900 Active 51 DOM
18. 2026-07-16
    days on market $214,900 Active 50 DOM
19. 2026-07-15
    days on market $214,900 Active 49 DOM
20. 2026-07-14
    days on market $214,900 Active 48 DOM
21. 2026-07-13
    days on market $214,900 Active 47 DOM
22. 2026-07-13
    days on market $214,900 Active 46 DOM
23. 2026-07-11
    days on market $214,900 Active 45 DOM
24. 2026-07-10
    days on market $214,900 Active 44 DOM
25. 2026-07-09
    days on market $214,900 Active 43 DOM
26. 2026-07-07
    days on market $214,900 Active 41 DOM
27. 2026-07-06
    days on market $214,900 Active 40 DOM
28. 2026-07-06
    days on market $214,900 Active 39 DOM
29. 2026-07-05
    days on market $214,900 Active 38 DOM
30. 2026-07-03
    days on market $214,900 Active 37 DOM
31. 2026-07-02
    days on market $214,900 Active 36 DOM
32. 2026-07-01
    days on market $214,900 Active 35 DOM
33. 2026-06-30
    days on market $214,900 Active 34 DOM
34. 2026-06-29
    days on market $214,900 Active 33 DOM
35. 2026-06-28
    days on market $214,900 Active 32 DOM
36. 2026-06-27
    days on market $214,900 Active 31 DOM
37. 2026-06-26
    days on market $214,900 Active 30 DOM
38. 2026-06-24
    days on market $214,900 Active 28 DOM
39. 2026-06-22
    days on market $214,900 Active 26 DOM
40. 2026-06-21
    days on market $214,900 Active 25 DOM
41. 2026-06-18
    days on market $214,900 Active 22 DOM
42. 2026-06-17
    days on market $214,900 Active 21 DOM
43. 2026-06-16
    days on market $214,900 Active 20 DOM
44. 2026-06-15
    days on market $214,900 Active 19 DOM
45. 2026-06-13
    pricedays on market $214,900 Active 17 DOM
46. 2026-06-09
    days on market $229,900 Active 13 DOM
47. 2026-06-08
    days on market $229,900 Active 12 DOM
48. 2026-06-07
    days on market $229,900 Active 11 DOM
49. 2026-06-04
    days on market $229,900 Active 8 DOM
50. 2026-06-03
    days on market $229,900 Active 7 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 5/10 Major 5 d/yr ≥104°F today · 14 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 11% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,591
• − Mortgage interest: −$18,694
• − Property taxes: −$5,006
• − Insurance: −$1,669
• − Repairs & maintenance: −$1,807
• − Management: −$1,807
• − Depreciation: −$9,709
• Taxable loss: −$16,101
• Est. tax savings @ 24.0%: +$3,864
• After-tax cash flow: $-5,965/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab Est. rehab $7,215–$21,645 screening

This home is in good condition with a good condition score of 80. It has a cosmetic rehab level and is move-in ready with minor updates that can further increase its value.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Resale Updating the kitchen backsplash — A modern backsplash can add value and appeal to potential buyers. ↑
• Resale Upgrading the flooring in the bathrooms — High-quality flooring can improve the overall look and feel of the bathrooms. ↑
• Both Installing smart home features — Smart home features can increase convenience and appeal to both buyers and renters. ↑
• Both Landscaping the front yard — A well-maintained front yard can enhance curb appeal and add value to the property. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 25/100

Zoned Schools

Elementary Kingston Elementary School F GA #926/1,228 Nat'l #34,815/41,679 Middle Cass Middle School F GA #185/470 Nat'l #7,347/14,009 High Cass High School F GA #225/424 Nat'l #13,947/17,239

Schools (NCES district)

• District: Bartow County
• NCES district ID: 1300330
• Math proficiency: 33% ▼ -8.00%
• Reading proficiency: 34% ▼ -7.00%
• Median HH income: $50,596
• Composite: 29.16/100
• National rank: #6577
• State rank: #70 of 174 in GA

B Composite livability gradescore 74/100

Livability — Cartersville

• Score: 74/100
• State rank: #43
• US rank: #4800

Category grades

Amenities A Commute F Cost of living A Crime C+ Employment C Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Bartow County · 107,887 people
• City population: 70,885
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• Population (ZIP): 44,896
• Household income: $86,581
• Rent vs Own: 27.2% rent · 72.8% own
• Severe rent burden: 7% of renters

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Population outlook (Bartow County) Hauer SSP2

• Today (2025): 107,887 people
• By 2030: 109,594 · +1.6%
• By 2040: 111,038 · +2.9%
• By 2050: 109,046 · +1.1%
• By 2075: 99,484 · -7.8%
• By 2100: 83,431 · -22.7%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Black 13% Hispanic / Latino 12% Two or more races 8% Asian 1%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Slovak 3% Italian 2% Serbian 1%
• Foreign-born: 5% · Canada, Vietnam, Jamaica
• Languages at home: 89% English-only · Spanish 9%

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Political lean MEDSL · Bartow

• 2024 margin: Solid R (+51.0) · D 24.2% · R 75.2%
• 2008→2024 swing: -5.8pp toward R · 2008: -45.2pp · 2024: -51.0pp
• All cycles: 2024: R+51.0 2020: R+50.7 2016: R+55.2 2012: R+51.7 2008: R+45.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.99%
• Current HPI: 302.5848
• Rent YoY: ▼ -0.23%
• Metro: Atlanta-Sandy Springs-Alpharetta, GA
• State GDP YoY: ▲ 2.66%
• F500 in state: 28

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Industry mix (Fortune 500 HQ in GA)

Industry	F500 HQs	Revenue
▸Paper / Packaging	2	$29B
▸Retail	1	$160B
▸Transportation / Logistics	1	$91B
▸Airlines	1	$62B
▸Consumer Goods	1	$47B
▸Utilities	1	$25B

Property features AI

Finance

• Other: Listing status: Active
• Financial info: List price $229,900

Exterior

• Parking: 1 parking space
• Utilities: Central air conditioning
• Home design: New construction plan (The Rutledge)
• Construction: Living area approximately 1,443Built from plan (new construction)
• Exterior features: Plan-built home (The Rutledge)Address: Cartersville, GA

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms1 half bathroom
• Heating & cooling: Central air
• Interior features: Central air conditioning