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PROPERTY INFO
FACTS
- Single Family
- Built In 1970
- Price/Sqft : $135.37
- 6 Days on Market
- MLS # : 1434034
- Updated Date : 12/22/2020 at 20:20
CONSTRUCTION
- Beds : 3
- Floor Size : '-'
- Baths : 1 full , 1 half
Listing Agent
Keller Williams Greenville Cen
Listing Agent's Description
Simpsonville’s Beechwood Hills Community! .80 Acres!!! 3-Bed, 1 Full and 1/2 Baths, Plus Bonus Room. Lots of Natural Light Throughout. The Spacious Open Interior offers a Large Living Room with a Brick Fireplace, and Dining Room. Newer Tilt-out Thermal Windows and Vinyl Siding. New A/C. Kitchen is central to the living space and ready for your personal touch. 1 Car Garage Attached and Detached 2 Car Garage has Extra Room for Storage/Workshop. Beautiful Fenced Back Yard. You will find this location provides easy access to nearby shopping, restaurants, & quick travel to Downtown Greenville, The Airport, and Spartanburg. Schedule your private showing today!
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PRICE & RENT TRENDS
Zip Code: 29681
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 29681
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,180 |
| EXPENSES | Loan Payment | -$645 |
| Property Tax | -$214 | |
| Property Insurance | -$51 | |
| Property Management Fees | -$94 | |
|
CASH FLOW
$175
|
||
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.
$174,900
PROJECTED PRICE
$1,180
PROJECTED RENT
0.67%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.42% |
| Appreciation Year (1-5) | 3.4% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.12% |
| 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
$52,099
LOAN DETAILS
$645
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $43,725 |
| Loan Amount | $131,175 |
9.58
YEARS SAVED
$27,996
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,180
LIST RENT -
$0.91
LIST RENT PER SQFT
-
$1,184
COMP ESTIMATED VALUE -
$0.92
COMP AVG. RENT PER SQFT
Comps Range
-
105 Birch Court Simpsonville, SC 1
- 3 beds 2 baths ∙ 1,292 Sqft ∙ Built 1970 3 beds 2 baths ∙ 1,292 Sqft ∙ Built 1970
![property image]()
- Rent
- Rent Per SQFT
- $1,180
- $0.91
-
3 Duncan Court Mauldin, SC 2
- 3 beds 2 baths ∙ 1,305 Sqft ∙ Built 3 beds 2 baths ∙ 1,305 Sqft ∙ Built
![property image]()
LEASED 05/07/20- Rent
- Rent Per SQFT
- $1,200
- $0.92
-
12 Avalon Court Simpsonville, SC 3
- 3 beds 2 baths ∙ 1,555 Sqft ∙ Built 3 beds 2 baths ∙ 1,555 Sqft ∙ Built
![property image]()
LEASED 08/15/19- Rent
- Rent Per SQFT
- $1,395
- $0.90
-
513 Timber Walk Drive Simpsonville, SC 4
- 3 beds 2 baths ∙ 1,500 Sqft ∙ Built 3 beds 2 baths ∙ 1,500 Sqft ∙ Built
![property image]()
LEASED 09/22/19- Rent
- Rent Per SQFT
- $1,395
- $0.93
PROPERTY LISTING DETAILS
1.864.399.0230
Keller Williams Greenville Cen
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1434034
Last Updated: 12/22/2020
