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10 Hunterdon Court Simpsonville, SC 29680

4 Beds 2 Baths - sqft Built 1998

$217,900

List Price

$1,350

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 06, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1998
  • Price/Sqft : $138.17
  • 5 Days on Market
  • MLS # : 1434574
  • Updated Date : 01/06/2021 at 16:58
CONSTRUCTION
  • Beds : 4
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

The Lentz Team

Listing Agent's Description

A beautifully maintained home near the heart of Simpsonville's activity. Foxdale is a lovely, family friendly neighborhood that is sure to please. This classic suburban two story home boasts of a new front door, vaulted ceilings and natural light all on a 1/3rd acre private lot, that is fully fenced in. The current owners have put lots of love into this home during their ownership by adding bamboo floors, new cabinet hardware and light fixtures throughout. The recently painted white kitchen cabinets add a freshness to this functional space. The kitchen appliances are all stainless steel and will convey with the home. In addition, the HVAC system was replaced only 3 years ago and has 2 more years of a warranty. The roof was reshingled in 2011. You can be sure to have peace of mind as you consider this space to be your new home. Come see it for yourself!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29680

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $85k240k

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

Zip Code: 29680

ZipNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600Rent in $9171659

* 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
Plain Elementary School Primary Regular 885 46 9
Hillcrest Middle School Middle Regular 1,001 55 8
Hillcrest High School High Regular 2,106 103 6

Plain Elementary School

  • Education Level: Primary
  • # of students: 885
  • # of teachers: 46
9
GreatSchools Rating

Hillcrest Middle School

  • Education Level: Middle
  • # of students: 1,001
  • # of teachers: 55
8
GreatSchools Rating

Hillcrest High School

  • Education Level: High
  • # of students: 2,106
  • # of teachers: 103
6
GreatSchools Rating
 

$196,110$239,690$217,900

PURCHASE PRICE

$1,215$1,485$1,350

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,350
EXPENSES Loan Payment -$757
Property Tax -$267
Property Insurance -$56
Property Management Fees -$108
CASH FLOW
$162

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.

$217,900

PROJECTED PRICE

$1,350

PROJECTED RENT

0.62%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.42%
Appreciation Year (1-5) 4.7%
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$63,494

INVESTMENT

$63,494

Down Payment
$54,475
Rehab Estimate
$5,750
Closing Costs
$3,269

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$757

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $54,475
Loan Amount $163,425
See What Happens When You Reinvest Cash Flow

8.25

YEARS SAVED

$24,059

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,350

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • $1,360

    COMP ESTIMATED VALUE
  • $0.86

    COMP AVG. RENT PER SQFT
Comps Range
$1,350
1$1,3502$1,3503$1,4004$1,5005$1,595
$1,595
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 10 Hunterdon Court Simpsonville, SC 2
    • 3 beds 2 baths ∙ 1,577 Sqft ∙ Built 1998 3 beds 2 baths ∙ 1,577 Sqft ∙ Built 1998
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.86
    •  
  • 16 Waterthrush Way Simpsonville, SC 1
    • 3 beds 2 baths ∙ 1,594 Sqft ∙ Built 3 beds 2 baths ∙ 1,594 Sqft ∙ Built
    property image
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.85
    •  
  • 2 Bramford Way Simpsonville, SC 3
    • 3 beds 3 baths ∙ 1,710 Sqft ∙ Built 3 beds 3 baths ∙ 1,710 Sqft ∙ Built
    property image
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.82
    •  
  • 405 Great Oaks Way Simpsonville, SC 4
    • 3 beds 2 baths ∙ 1,622 Sqft ∙ Built 3 beds 2 baths ∙ 1,622 Sqft ∙ Built
    property image
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.92
    •  
  • 609 Two Gait Lane Simpsonville, SC 5
    • 4 beds 3 baths ∙ 1,853 Sqft ∙ Built 4 beds 3 baths ∙ 1,853 Sqft ∙ Built
    property image
    LEASED 08/12/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.86
    •  
PROPERTY LISTING DETAILS
Janet Smith
1.864.518.2872
The Lentz Team
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1434574
Last Updated: 01/06/2021
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