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

15 Brentmoor Place Simpsonville, SC 29680

4 Beds 3 Baths - sqft Built 2013

INVESTimate

$275,000

List Price

$1,820

$1,638 - $2,002

Rent Est.

$287,870  ( +4.68%)   1 YR EST. FORECAST

PROPERTY INFO

August 23, 2020 RECENTLY ADDED
FACTS
  • Built In 2013
  • Price/Sqft : $114.44
  • 4 Days on Market
  • MLS # : 1425657
  • Updated Date : 08/25/2020 at 17:41
CONSTRUCTION
  • Beds : 4
  • Floor Size : '-'
  • Baths : 3 full
Listing Agent

Re/max Moves Fountain Inn

Listing Agent's Description

Welcome home to this spacious, full brick, single level house with more than 2400 sq-ft of living space. The lovely front porch and meticulously landscaped front yard give this 4 bedroom home great curb appeal. The expansive, hardwood foyer with nice molding welcomes you to the home. To the left is a large flex space with french doors, which would make a very nice home office or sitting room. Across the foyer are two bedrooms, with a nearby full bath. In the heart of the home, the open concept dining room overlooks the cozy great room with stone fireplace and views of the backyard. Connected to the classy dining room, the large kitchen offers an abundance of cabinet space, an island for extra food prep or seating, stainless appliances, and granite counter tops with tile back-splash. For casual dining, the kitchen has an attached large breakfast room. Tucked away beyond the breakfast room is an additional bedroom filled with natural light, and another full bath, making this the perfect spot for guests. Nearby, the laundry room offers tile flooring and ample storage space with lovely cabinetry. The tranquil master suite is located off the great room, and features a spacious bath with double sink vanity, separate tub and shower, and a perfect walk-in closet. From the great room, there is access to the covered patio out back and the private, fully fenced backyard. Don't miss the chance to make this great house your new home!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29680

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $85k240k

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

Zip Code: 29680

ZipNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600Rent in $9171659

* 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
Fork Shoals Elementary School Primary Regular 695 38 7
Woodmont Middle School Middle Regular 628 38 6
Woodmont High School High Regular 1,801 89 6

Fork Shoals Elementary School

  • Education Level: Primary
  • # of students: 695
  • # of teachers: 38
7
GreatSchools Rating

Woodmont Middle School

  • Education Level: Middle
  • # of students: 628
  • # of teachers: 38
6
GreatSchools Rating

Woodmont High School

  • Education Level: High
  • # of students: 1,801
  • # of teachers: 89
6
GreatSchools Rating
 

$247,500$302,500$275,000

PURCHASE PRICE

$1,638$2,002$1,820

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k$16k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,820
EXPENSES Loan Payment -$1,015
Property Tax -$357
Property Insurance -$71
Property Management Fees -$146
CASH FLOW
$232

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.

$275,000

PROJECTED PRICE

$1,820

PROJECTED RENT

0.66%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.42%
Appreciation Year (1-5) 4.68%
Maintenance Year (1-5) 8.00%
Vacancy 6.12%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,625

INVESTMENT

$78,625

Down Payment
$68,750
Rehab Estimate
$5,750
Closing Costs
$4,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,015

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $68,750
Loan Amount $206,250
See What Happens When You Reinvest Cash Flow

8.67

YEARS SAVED

$39,003

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,820

    LIST RENT
  • $0.76

    LIST RENT PER SQFT
  • $1,808

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,5952$1,6503$1,6954$1,7955$1,820
$1,820
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 15 Brentmoor Place Simpsonville, 5
    • 4 beds 3 baths ∙ 2,403 Sqft ∙ Built 2013 4 beds 3 baths ∙ 2,403 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $1,820
    • $0.76
    •  
  • 5 Phaeton Avenue Simpsonville, 1
    • 4 beds 3 baths ∙ 2,235 Sqft ∙ Built 4 beds 3 baths ∙ 2,235 Sqft ∙ Built
    LEASED 10/30/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.71
    •  
  • 9 Bittercrest Court Simpsonville, 2
    • 4 beds 3 baths ∙ 2,076 Sqft ∙ Built 4 beds 3 baths ∙ 2,076 Sqft ∙ Built
    LEASED 06/22/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.79
    •  
  • 3 Semmelrock Drive Simpsonville, 3
    • 4 beds 3 baths ∙ 2,248 Sqft ∙ Built 4 beds 3 baths ∙ 2,248 Sqft ∙ Built
    LEASED 05/24/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,695
    • $0.75
    •  
  • 10 Bittercrest Court Simpsonville, 4
    • 4 beds 3 baths ∙ 2,369 Sqft ∙ Built 4 beds 3 baths ∙ 2,369 Sqft ∙ Built
    LEASED 07/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.76
    •  
PROPERTY LISTING DETAILS
Paul Rogers
1.864.714.9898
Re/max Moves Fountain Inn
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1425657
Last Updated: 08/25/2020
BESbswy