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104 Hampton Farms Trail Greenville, SC 29617

3 Beds 3 Baths - sqft Built 2017

$249,900

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 16, 2020 RECENTLY ADDED
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

ZipNIR Market*CityMarket2010Year2000201960k70k80k90k100k110k120k130k140k150k160k170k180kPrice in $59k190k

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

Zip Code: 29617

ZipNIR Market*CityMarket2010Year20002019 Q275080085090095010001050110011501200125013001350Rent in $7381383

* 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
Armstrong Elementary School Primary Regular 425 30 4
Berea Middle School Middle Regular 676 45 3
Berea High School High Regular 1,091 66 5

Armstrong Elementary School

  • Education Level: Primary
  • # of students: 425
  • # of teachers: 30
4
GreatSchools Rating

Berea Middle School

  • Education Level: Middle
  • # of students: 676
  • # of teachers: 45
3
GreatSchools Rating

Berea High School

  • Education Level: High
  • # of students: 1,091
  • # of teachers: 66
5
GreatSchools Rating
 

$224,910$274,890$249,900

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$71,974

INVESTMENT

$71,974

Down Payment
$62,475
Rehab Estimate
$5,750
Closing Costs
$3,749

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$922

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $62,475
Loan Amount $187,425
See What Happens When You Reinvest Cash Flow

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
$1,475
1$1,4752$1,5003$1,530
$1,530
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 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
Sharon Estes
1.864.360.6982
Re/max Results
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1433680
Last Updated: 12/16/2020
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