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1 Valhalla Lane Simpsonville, SC 29681

3 Beds 3 Baths - sqft Built 1996

$225,000

List Price

$1,450

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

February 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $134.25
  • 1 Days on Market
  • MLS # : 1436905
  • Updated Date : 02/07/2021 at 00:22
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full , 1 half
Listing Agent

Realty One Group Freedom

Listing Agent's Description

Corner curl appeal, brick front traditional home with 3 bedroom 2 1/2 bath with Bonus Room. Freshly painted, new vinyl plank flooring on main level plus new HVAC system. The master bedroom hasa high vaulted ceiling, and two walk-in closets. The home is ready for new owners. This super cute two-story traditional is located within the heart of the Five Forks area convenient to Woodruff Road, the new Five Forks Library and a wide variety of shopping and dining options!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29681

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $85k259k

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

Zip Code: 29681

ZipNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9171760

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$202,500$247,500$225,000

PURCHASE PRICE

$1,305$1,595$1,450

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,450
EXPENSES Loan Payment -$782
Property Tax -$270
Property Insurance -$58
Property Management Fees -$116
CASH FLOW
$225

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$225,000

PROJECTED PRICE

$1,450

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.42%
Appreciation Year (1-5) 3.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.12%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

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$65,375

INVESTMENT

$65,375

Down Payment
$56,250
Rehab Estimate
$5,750
Closing Costs
$3,375

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$782

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $56,250
Loan Amount $168,750
See What Happens When You Reinvest Cash Flow

9.58

YEARS SAVED

$31,182

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,450

    LIST RENT
  • $0.87

    LIST RENT PER SQFT
  • $1,475

    COMP ESTIMATED VALUE
  • $0.88

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,3953$1,450
$1,450
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 1 Valhalla Lane Simpsonville, SC 3
    • 3 beds 3 baths ∙ 1,676 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,676 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.87
    •  
  • 2 Ashridge Way Simpsonville, SC 1
    • 3 beds 2 baths ∙ 1,608 Sqft ∙ Built 3 beds 2 baths ∙ 1,608 Sqft ∙ Built
    LEASED 10/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.84
    •  
  • 219 Ashridge Way Simpsonville, SC 2
    • 3 beds 2 baths ∙ 1,513 Sqft ∙ Built 3 beds 2 baths ∙ 1,513 Sqft ∙ Built
    LEASED 02/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.92
    •  
PROPERTY LISTING DETAILS
Karen Schnezler
1.864.905.1594
Realty One Group Freedom
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1436905
Last Updated: 02/07/2021
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