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10 Brockmore Drive Greenville, SC 29605

3 Beds 3 Baths - sqft Built 1999

$209,000

List Price

$1,510

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $122.51
  • 4 Days on Market
  • MLS # : 1433319
  • Updated Date : 12/11/2020 at 20:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full , 1 half
Listing Agent

Keller Williams Drive

Listing Agent's Description

3 bed, 2.5 bath home in The Woods at Bonnie Brae. Two story home with a 2 car garage and open floor plan, this home has had over $60K in improvements put into the home in the last 6 years, and it is GORGEOUS! Improvements include new paint, new fixtures and blinds, new front door, engineered wood in dining room and hallway, and new tile in kitchen and half bath. The roof was replaced in 2015 and solar panels were added in 2016; HVAC was replaced upstairs in 2018. The home itself is updated and wonderful, and the community only adds to all it's awesomeness! The community offers a pool, playground, basketball court, walking trail and 2 lakes, and this home is only steps away from all these amenities!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29605

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180kPrice in $79k190k

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

Zip Code: 29605

ZipNIR Market*CityMarket2010Year20002019 Q270075080085090095010001050110011501200125013001350Rent in $6511383

* 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
Robert E. Cashion Elementary School Primary Regular 694 40 5
Hughes Academy Middle Magnet 848 48 6
Southside High School High Magnet 814 51 2

Robert E. Cashion Elementary School

  • Education Level: Primary
  • # of students: 694
  • # of teachers: 40
5
GreatSchools Rating

Hughes Academy

  • Education Level: Middle
  • # of students: 848
  • # of teachers: 48
6
GreatSchools Rating

Southside High School

  • Education Level: High
  • # of students: 814
  • # of teachers: 51
2
GreatSchools Rating
 

$188,100$229,900$209,000

PURCHASE PRICE

$1,359$1,661$1,510

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,510
EXPENSES Loan Payment -$771
Property Tax -$326
Property Insurance -$58
Property Management Fees -$121
CASH FLOW
$234

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.

$209,000

PROJECTED PRICE

$1,510

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.16%
Appreciation Year (1-5) 0.6%
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$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$61,135

INVESTMENT

$61,135

Down Payment
$52,250
Rehab Estimate
$5,750
Closing Costs
$3,135

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$771

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $52,250
Loan Amount $156,750
See What Happens When You Reinvest Cash Flow

9.5

YEARS SAVED

$33,103

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,510

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,510

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,395
1$1,3952$1,4503$1,5104$1,5505$1,595
$1,595
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 10 Brockmore Drive Greenville, SC 3
    • 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 1999 3 beds 3 baths ∙ 1,706 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $1,510
    • $0.89
    •  
  • 101 Bonnie Woods Drive Greenville, SC 1
    • 3 beds 3 baths ∙ 1,536 Sqft ∙ Built 3 beds 3 baths ∙ 1,536 Sqft ∙ Built
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.91
    •  
  • 35 Brockmore Drive Greenville, SC 2
    • 3 beds 3 baths ∙ 1,720 Sqft ∙ Built 3 beds 3 baths ∙ 1,720 Sqft ∙ Built
    LEASED 11/15/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $0.84
    •  
  • 101 Boxford Court Greenville, SC 4
    • 3 beds 2 baths ∙ 1,762 Sqft ∙ Built 3 beds 2 baths ∙ 1,762 Sqft ∙ Built
    LEASED 02/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.88
    •  
  • 7 Box Tree Way Greenville, SC 5
    • 3 beds 3 baths ∙ 1,761 Sqft ∙ Built 3 beds 3 baths ∙ 1,761 Sqft ∙ Built
    LEASED 01/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.91
    •  
PROPERTY LISTING DETAILS
Moses Nickerson
1.864.660.9876
Keller Williams Drive
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1433319
Last Updated: 12/11/2020
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