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204 Brookview Circle Easley, SC 29642

3 Beds 3 Baths - sqft Built 1996

$175,000

List Price

$1,320

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1996
  • Price/Sqft : $120.86
  • 3 Days on Market
  • MLS # : 1435716
  • Updated Date : 01/23/2021 at 03:06
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full , 1 half
Listing Agent

The Art Of Real Estate Grv

Listing Agent's Description

Looking for a super cute Cape Cod home in an established area in Easley? Then you won’t want to miss 204 Brookview Circle! Situated on a quarter acre lot just seconds from grocery stores, shopping and dining, and minutes from area schools, this charming 3 bedroom, 2 bathroom, 1,500 sq. ft. home is waiting for you! Boasting: an inviting front porch; seamless laminate flooring throughout the living, dining and kitchen; a large living room with tons of natural light; a formal dining room with bay windows; a bright kitchen with white cabinets and appliances, gas range, and built-in desk; and a large laundry room. The large main floor master bedroom features his & her closets, and a private en suite bathroom. Upstairs are two additional good sized bedrooms, which share the hallway bathroom. Love to spend time outdoors? Then you’ll love the large fully fenced yard complete with a storage shed and relaxing porch – perfect for entertaining! Don’t miss your chance to make this great home yours before someone else does!

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PRICE & RENT TRENDS

Zip Code: 29642

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180kPrice in $79k183k

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

Zip Code: 29642

ZipNIR Market*CityMarket2010Year20002019 Q2100011001200130014001500160017001800Rent in $9171838

* 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
Forest Acres Elementary School Primary Regular 710 43 8
Richard H. Gettys Middle School Middle Regular 1,316 73 6
Easley High School High Regular 1,807 89 4

Forest Acres Elementary School

  • Education Level: Primary
  • # of students: 710
  • # of teachers: 43
8
GreatSchools Rating

Richard H. Gettys Middle School

  • Education Level: Middle
  • # of students: 1,316
  • # of teachers: 73
6
GreatSchools Rating

Easley High School

  • Education Level: High
  • # of students: 1,807
  • # of teachers: 89
4
GreatSchools Rating
 

$157,500$192,500$175,000

PURCHASE PRICE

$1,188$1,452$1,320

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,320
EXPENSES Loan Payment -$608
Property Tax -$196
Property Insurance -$54
Property Management Fees -$106
CASH FLOW
$356

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.

$175,000

PROJECTED PRICE

$1,320

PROJECTED RENT

0.75%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.16%
Appreciation Year (1-5) 3.8%
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$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$52,125

INVESTMENT

$52,125

Down Payment
$43,750
Rehab Estimate
$5,750
Closing Costs
$2,625

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$608

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $43,750
Loan Amount $131,250
See What Happens When You Reinvest Cash Flow

13.67

YEARS SAVED

$39,076

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,320

    LIST RENT
  • $0.91

    LIST RENT PER SQFT
  • $1,332

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$1,320
1$1,3202$1,400
$1,400
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 204 Brookview Circle Easley, SC 1
    • 3 beds 3 baths ∙ 1,448 Sqft ∙ Built 1996 3 beds 3 baths ∙ 1,448 Sqft ∙ Built 1996
    • Rent
    • Rent Per SQFT
    •  
    • $1,320
    • $0.91
    •  
  • 106 Pope Field Road Easley, SC 2
    • 3 beds 2 baths ∙ 1,519 Sqft ∙ Built 3 beds 2 baths ∙ 1,519 Sqft ∙ Built
    LEASED 01/20/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.92
    •  
PROPERTY LISTING DETAILS
Amy Stone
1.864.385.8180
The Art Of Real Estate Grv
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1435716
Last Updated: 01/23/2021
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