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PROPERTY INFO
FACTS
- Single Family
- Built In 2012
- Price/Sqft : $133.40
- 6 Days on Market
- MLS # : 1431930
- Updated Date : 11/19/2020 at 18:10
CONSTRUCTION
- Beds : 3
- Floor Size : '-'
- Baths : 2 full
Listing Agent
Greer Real Estate Company
Listing Agent's Description
Come and see this beautiful three-bedroom, two bath Ranch home. The home features: Brick accents, the open floor plan with high ceilings throughout the home allows for easy entertaining and the split bedroom plan is perfect for privacy for guests or children. The kitchen features New Dishwasher and Microwave, with a pantry granite counter tops and lots of cabinet space. New laminate floors in the living entry way and the two front bedrooms. There are ceiling fans in all the bedrooms. The large master bedroom has high ceilings, walk in closet and a great sitting area. Master Bath has double sinks, garden tub and a separate shower. The upstairs bonus room is a great place for a man cave, media room or playroom. There is a fenced back yard with a covered porch for barbecue and entertaining. There is a community pool, playground and Library. All this in the sought-after Lansdowne at Remington subdivision. Close to restaurants, shopping etc.
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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 | $1,570 |
| EXPENSES | Loan Payment | -$1,004 |
| Property Tax | -$341 | |
| Property Insurance | -$65 | |
| Property Management Fees | -$126 | |
|
CASH FLOW
$35
|
||
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.
$272,000
PROJECTED PRICE
$1,570
PROJECTED RENT
0.58%
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
$77,830
LOAN DETAILS
$1,004
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $68,000 |
| Loan Amount | $204,000 |
5.25
YEARS SAVED
$17,777
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,570
LIST RENT -
$0.77
LIST RENT PER SQFT
-
$1,601
COMP ESTIMATED VALUE -
$0.79
COMP AVG. RENT PER SQFT
Comps Range
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- $1,600
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- $1,600
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LEASED 11/06/20- Rent
- Rent Per SQFT
- $1,795
- $0.81
PROPERTY LISTING DETAILS
1.864.640.7303
Greer Real Estate Company
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1431930
Last Updated: 11/19/2020
