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PROPERTY INFO
FACTS
- Single Family
- Built In 2017
- Price/Sqft : $130.16
- 5 Days on Market
- MLS # : 1433680
- Updated Date : 12/16/2020 at 15:38
CONSTRUCTION
- Beds : 3
- Floor Size : '-'
- Baths : 2 full , 1 half
Listing Agent
Re/max Results
Listing Agent's Description
This beautiful Craftsman style family home is Like New (Built in 2017) and offers 3 BR 2.5 BA PLUS Office/Flex Room in the desirable Hampton Farms subdivision near Travelers Rest! Great Location convenient to the Swamp Rabbit Trail & Furman! Attention to details have not been spared with features such as 9 ft. ceilings, hardwoods floors, granite counter-tops, fireplace with raised hearth, screened porch, rounded corners, crown moldings in Great room/kitchen/dining areas and arched doorways. Spacious Master bedroom with trey ceiling and Master bath includes double sinks, garden tub and separate shower. If you're looking for a well maintained, move in ready family home near Travelers Rest then look no further. This one won't last long!
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PRICE & RENT TRENDS
Zip Code: 29617
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 29617
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,530 |
| EXPENSES | Loan Payment | -$922 |
| Property Tax | -$400 | |
| Property Insurance | -$62 | |
| Property Management Fees | -$122 | |
|
CASH FLOW
$23
|
||
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.
$249,900
PROJECTED PRICE
$1,530
PROJECTED RENT
0.61%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 7.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.48% |
| 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
$71,974
LOAN DETAILS
$922
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $62,475 |
| Loan Amount | $187,425 |
4.25
YEARS SAVED
$12,450
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,530
LIST RENT -
$0.8
LIST RENT PER SQFT
-
$1,363
COMP ESTIMATED VALUE -
$0.71
COMP AVG. RENT PER SQFT
Comps Range
-
104 Hampton Farms Trail Greenville, SC 3
- 3 beds 3 baths ∙ 1,920 Sqft ∙ Built 2017 3 beds 3 baths ∙ 1,920 Sqft ∙ Built 2017
- Rent
- Rent Per SQFT
- $1,530
- $0.80
-
202 Downs Road Greenville, SC 1
- 4 beds 3 baths ∙ 2,085 Sqft ∙ Built 4 beds 3 baths ∙ 2,085 Sqft ∙ Built
LEASED 09/30/20- Rent
- Rent Per SQFT
- $1,475
- $0.71
-
10 Queensbury Drive Greenville, SC 2
- 3 beds 3 baths ∙ 2,118 Sqft ∙ Built 3 beds 3 baths ∙ 2,118 Sqft ∙ Built
LEASED 07/01/20- Rent
- Rent Per SQFT
- $1,500
- $0.71
PROPERTY LISTING DETAILS
1.864.360.6982
Re/max Results
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1433680
Last Updated: 12/16/2020
