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1 Robertson Road Taylors, SC 29687

3 Beds 2 Baths - sqft Built 1987

$209,938

List Price

$1,210

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

November 06, 2020 RECENTLY ADDED
FACTS
  • Built In 1987
  • Price/Sqft : $156.20
  • 3 Days on Market
  • MLS # : 1431278
  • Updated Date : 11/06/2020 at 22:03
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Wondracek Realty Group, Llc

Listing Agent's Description

3 BED 2 BATH ONE STORY HOME ON LARGE CORNER LOT IN TAYLORS- Prime location with easy access to downtown Greenville in just 15 minutes, 10 minutes to 385, 15 minutes to 85. This 3 bedroom 2 bath home has an ideal layout with storage galore! Seller updates include granite countertops, updated windows and laminate flooring. The double lot comes with a 2 car carport, spacious 13x11 shed with electricity for tools and toys and a massive 20x24 outbuilding with A/C and heat that could be used as a workshop, gym space, play house, office/work area, or just extra storage. Zoned to Paris Elementary (just a half mile down the road), Sevier Middle School and Wade Hampton High School.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29687

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180k190kPrice in $79k199k

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

Zip Code: 29687

ZipNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400Rent in $8681413

* 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
Paris Elementary School Primary Regular 639 37 9
Sevier Middle School Middle Regular 628 38 7
Wade Hampton High School High Regular 1,656 84 7

Paris Elementary School

  • Education Level: Primary
  • # of students: 639
  • # of teachers: 37
9
GreatSchools Rating

Sevier Middle School

  • Education Level: Middle
  • # of students: 628
  • # of teachers: 38
7
GreatSchools Rating

Wade Hampton High School

  • Education Level: High
  • # of students: 1,656
  • # of teachers: 84
7
GreatSchools Rating
 

$188,944$230,932$209,938

PURCHASE PRICE

$1,089$1,331$1,210

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,210
EXPENSES Loan Payment -$775
Property Tax -$328
Property Insurance -$52
Property Management Fees -$97
CASH FLOW
-$41

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.

$209,938

PROJECTED PRICE

$1,210

PROJECTED RENT

0.58%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.16%
Appreciation Year (1-5) 5.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.54%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$61,384

INVESTMENT

$61,384

Down Payment
$52,485
Rehab Estimate
$5,750
Closing Costs
$3,149

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$775

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $52,485
Loan Amount $157,454
See What Happens When You Reinvest Cash Flow

2.83

YEARS SAVED

$5,858

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,210

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,142

    COMP ESTIMATED VALUE
  • $0.85

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2103$1,350
$1,350
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 1 Robertson Road Taylors, SC 2
    • 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,344 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $1,210
    • $0.90
    •  
  • 9 Linnet Drive Greenville, SC 1
    • 3 beds 2 baths ∙ 1,400 Sqft ∙ Built 3 beds 2 baths ∙ 1,400 Sqft ∙ Built
    LEASED 10/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.86
    •  
  • 1 Greenview Drive Greenville, SC 3
    • 3 beds 2 baths ∙ 1,610 Sqft ∙ Built 3 beds 2 baths ∙ 1,610 Sqft ∙ Built
    LEASED 02/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.84
    •  
PROPERTY LISTING DETAILS
Christina Potosnak
1.832.562.0233
Wondracek Realty Group, Llc
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1431278
Last Updated: 11/06/2020
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