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PROPERTY INFO
FACTS
- Single Family
- Built In 1990
- Price/Sqft : $122.30
- 2 Days on Market
- MLS # : 1435322
- Updated Date : 01/16/2021 at 02:14
CONSTRUCTION
- Beds : 3
- Floor Size : '-'
- Baths : 2 full , 1 half
Listing Agent
Servus Realty Group
Listing Agent's Description
Welcome to your new home! This beautifully maintained Cape Cod style home sits on a wooded lot that is almost one full acre! The updated kitchen includes an island with a smooth range top, pendant lighting, tiled back splash, newer appliances and beautiful solid wood cabinets. There is a large rear deck that is perfect for entertaining or just relaxing after a hard day. Upstairs are two large master suites that each have their own bathroom, walk in closet and ceiling fan. The third bedroom is on the first floor with a beautiful view of the spacious front yard. Don't miss out on this beauty! It 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 | $1,410 |
| EXPENSES | Loan Payment | -$728 |
| Property Tax | -$332 | |
| Property Insurance | -$59 | |
| Property Management Fees | -$113 | |
|
CASH FLOW
$179
|
||
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.
$209,500
PROJECTED PRICE
$1,410
PROJECTED RENT
0.67%
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
$61,268
LOAN DETAILS
$728
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $52,375 |
| Loan Amount | $157,125 |
8
YEARS SAVED
$22,392
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,410
LIST RENT -
$0.82
LIST RENT PER SQFT
-
$1,405
COMP ESTIMATED VALUE -
$0.82
COMP AVG. RENT PER SQFT
Comps Range
-
114 Lora Lane Greenville, SC 2
- 3 beds 3 baths ∙ 1,713 Sqft ∙ Built 1990 3 beds 3 baths ∙ 1,713 Sqft ∙ Built 1990
![property image]()
- Rent
- Rent Per SQFT
- $1,410
- $0.82
-
16 Penarth Drive Greenville, SC 1
- 3 beds 2 baths ∙ 1,628 Sqft ∙ Built 3 beds 2 baths ∙ 1,628 Sqft ∙ Built
![property image]()
LEASED 04/22/20- Rent
- Rent Per SQFT
- $1,300
- $0.80
-
603 Lenhardt Road Greenville, SC 3
- 3 beds 3 baths ∙ 1,792 Sqft ∙ Built 3 beds 3 baths ∙ 1,792 Sqft ∙ Built
![property image]()
LEASED 06/09/20- Rent
- Rent Per SQFT
- $1,500
- $0.84
PROPERTY LISTING DETAILS
1.864.640.5325
Servus Realty Group
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1435322
Last Updated: 01/16/2021
