Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

1204 Winding Way Taylors, SC 29687

3 Beds 2 Baths - sqft Built 1968

$187,000

List Price

$1,210

$1.1K - $1.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 19, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1968
  • Price/Sqft : $143.85
  • 3 Days on Market
  • MLS # : 1437795
  • Updated Date : 02/19/2021 at 19:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Jeff Cook Real Estate -upstate

Listing Agent's Description

This charming home is nestled on a quiet street in the established community of Peppertree. You'll be happy to know the roof is less than 10 years old and a new HVAC system was installed in 2018! As you enter you are greeted by freshly painted walls and luxury vinyl plank flooring on the main floor. The kitchen boasts granite countertops, a custom stain-glass light fixture, and ample cabinet storage space. Cool evenings will be so much better in front of the stone front gas fireplace in the family room. The gas logs are less than two years old and can be controlled by a remote. The spacious owners suite is located on the second floor for added privacy. The other two bedrooms are generous in size, located downstairs and share a full hall bath. Out in the fenced backyard, you will find a wooden patio with a pergola attached. Enjoy grilling out with friends while watching the kids and pets play. The large detached two car garage provides additional storage space. Conveniently located near shopping, dining, and just a short commute to Downtown Greenville and Greer amenities. Come see this home today!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29687

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180k190kPrice in $79k199k

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

Zip Code: 29687

ZipNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400Rent in $8681413

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$168,300$205,700$187,000

PURCHASE PRICE

$1,089$1,331$1,210

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,210
EXPENSES Loan Payment -$650
Property Tax -$274
Property Insurance -$51
Property Management Fees -$97
CASH FLOW
$139

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$187,000

PROJECTED PRICE

$1,210

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.16%
Appreciation Year (1-5) 5.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.54%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k

PROJECTED ANNUAL CASH FLOW

11530$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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$55,305

INVESTMENT

$55,305

Down Payment
$46,750
Rehab Estimate
$5,750
Closing Costs
$2,805

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$650

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $46,750
Loan Amount $140,250
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$18,068

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,210

    LIST RENT
  • $0.93

    LIST RENT PER SQFT
  • $1,203

    COMP ESTIMATED VALUE
  • $0.93

    COMP AVG. RENT PER SQFT
Comps Range
$1,210
1$1,2102$1,2503$1,350
$1,350
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 1204 Winding Way Taylors, SC 1
    • 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1968 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1968
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,210
    • $0.93
    •  
  • 1403 Winding Way Taylors, SC 2
    • 3 beds 2 baths ∙ 1,500 Sqft ∙ Built 3 beds 2 baths ∙ 1,500 Sqft ∙ Built
    property image
    LEASED 01/14/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,250
    • $0.83
    •  
  • 113 Haven Reach Way Taylors, SC 3
    • 3 beds 2 baths ∙ 1,328 Sqft ∙ Built 3 beds 2 baths ∙ 1,328 Sqft ∙ Built
    property image
    LEASED 10/18/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $1.02
    •  
PROPERTY LISTING DETAILS
Jeff Cook
Jeff Cook Real Estate -upstate
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1437795
Last Updated: 02/19/2021
BESbswy