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

125 Ashlan Woods Court Greer, SC 29651

3 Beds 2 Baths - sqft Built 2001

$227,900

List Price

$1,490

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2001
  • Price/Sqft : $121.29
  • 2 Days on Market
  • MLS # : 1435341
  • Updated Date : 01/16/2021 at 16:01
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Re/max Reach

Listing Agent's Description

Looking for a quiet community with no HOA? This well-maintained ranch sits on over half an acre. The backyard is fully fenced with double doors at the right side of the home for easy access. Walking in, you are greeted with high vaulted ceilings and neutral colors. The open kitchen has been updated with tile flooring, subway tile backsplash, beadboard wainscotting accents on the island. Lighting, door knobs, and hinges have all been replaced with oil rubbed bronze. The patio has been extended to provide a perfect space to enjoy the private backyard. This home is move-in ready! Bring your offers today. Additional features: Nice setback from street, septic in front yard, roof & water heater less than 5 years old, new garage door (to be installed), split floor plan, sitting area that could double as office space.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29651

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $79k217k

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

Zip Code: 29651

ZipNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9171558

* 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
Crestview Elementary School Primary Regular 644 37 6
Greer Middle School Middle Regular 957 57 6
Greer High School High Regular 1,172 61 6

Crestview Elementary School

  • Education Level: Primary
  • # of students: 644
  • # of teachers: 37
6
GreatSchools Rating

Greer Middle School

  • Education Level: Middle
  • # of students: 957
  • # of teachers: 57
6
GreatSchools Rating

Greer High School

  • Education Level: High
  • # of students: 1,172
  • # of teachers: 61
6
GreatSchools Rating
 

$205,110$250,690$227,900

PURCHASE PRICE

$1,341$1,639$1,490

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,490
EXPENSES Loan Payment -$792
Property Tax -$297
Property Insurance -$62
Property Management Fees -$119
CASH FLOW
$221

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.

$227,900

PROJECTED PRICE

$1,490

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.16%
Appreciation Year (1-5) 4.1%
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$700k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$66,144

INVESTMENT

$66,144

Down Payment
$56,975
Rehab Estimate
$5,750
Closing Costs
$3,419

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$792

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $56,975
Loan Amount $170,925
See What Happens When You Reinvest Cash Flow

9

YEARS SAVED

$28,387

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,490

    LIST RENT
  • $0.79

    LIST RENT PER SQFT
  • $1,550

    COMP ESTIMATED VALUE
  • $0.83

    COMP AVG. RENT PER SQFT
Comps Range
$1,490
1$1,4902$1,4953$1,550
$1,550
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 125 Ashlan Woods Court Greer, SC 1
    • 3 beds 2 baths ∙ 1,879 Sqft ∙ Built 2001 3 beds 2 baths ∙ 1,879 Sqft ∙ Built 2001
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,490
    • $0.79
    •  
  • 208 Clay Thorn Court Simpsonville, SC 2
    • 3 beds 2 baths ∙ 1,838 Sqft ∙ Built 3 beds 2 baths ∙ 1,838 Sqft ∙ Built
    property image
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.81
    •  
  • 108 Ashby Cross Court Greer, SC 3
    • 4 beds 3 baths ∙ 1,850 Sqft ∙ Built 4 beds 3 baths ∙ 1,850 Sqft ∙ Built
    property image
    LEASED 10/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.84
    •  
PROPERTY LISTING DETAILS
Emily Rapp
1.864.616.2200
Re/max Reach
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1435341
Last Updated: 01/16/2021
BESbswy