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PROPERTY INFO
FACTS
- Single Family
- Built In 2015
- Price/Sqft : $115.12
- 2 Days on Market
- MLS # : 1437829
- Updated Date : 02/20/2021 at 12:07
CONSTRUCTION
- Beds : 3
- Floor Size : '-'
- Baths : 2 full
Listing Agent
Keller Williams Western Upstat
Listing Agent's Description
Remarkable 3 bedroom, 2 bath one story home located in sought-after school district 1! Enormous vaulted ceiling living room welcomes you as you enter the front door. Kitchen complete with beautiful birch wood cabinets, granite counter tops, black appliances, and a breakfast bar. Master bedroom showcases a beautiful tray ceiling, walk-in closet, and full bath. Master bath features a garden tub, separate walk-in shower, double vanity, and granite counter tops. Split bedroom floor plan complete with full bath. Full bath features granite counter tops and double vanities. Huge fenced in yard over half an acre complete with blueberry bushes, an herb garden, and roses. Enjoy the peaceful evenings under the gigantic covered porch. Located less than 20 miles from downtown Greenville and less than 15 miles from downtown Anderson this home makes for an easy commute! Very quiet neighborhood with NO HOA fees. USDA eligible!
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PRICE & RENT TRENDS
Zip Code: 29697
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 29697
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,210 |
| EXPENSES | Loan Payment | -$643 |
| Property Tax | -$255 | |
| Property Insurance | -$57 | |
| Property Management Fees | -$97 | |
|
CASH FLOW
$159
|
||
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.
$185,000
PROJECTED PRICE
$1,210
PROJECTED RENT
0.65%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.16% |
| Appreciation Year (1-5) | 4.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.54% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$54,775
LOAN DETAILS
$643
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $46,250 |
| Loan Amount | $138,750 |
8.17
YEARS SAVED
$20,183
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 -
$0.75
LIST RENT PER SQFT
-
$1,350
COMP ESTIMATED VALUE -
$0.84
COMP AVG. RENT PER SQFT
Comps Range
-
100 Irish Moss Drive Williamston, SC 1
- 3 beds 2 baths ∙ 1,607 Sqft ∙ Built 2015 3 beds 2 baths ∙ 1,607 Sqft ∙ Built 2015
- Rent
- Rent Per SQFT
- $1,210
- $0.75
-
204 Reidville Road Williamston, SC 2
- 3 beds 3 baths ∙ 1,616 Sqft ∙ Built 3 beds 3 baths ∙ 1,616 Sqft ∙ Built
LEASED 07/02/20- Rent
- Rent Per SQFT
- $1,350
- $0.84
PROPERTY LISTING DETAILS
1.864.245.5138
Keller Williams Western Upstat
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1437829
Last Updated: 02/20/2021
