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PROPERTY INFO
FACTS
- Single Family
- Built In 1956
- Price/Sqft : $103.99
- 1 Days on Market
- MLS # : 1434419
- Updated Date : 01/03/2021 at 03:42
CONSTRUCTION
- Beds : 3
- Floor Size : '-'
- Baths : 1 full
Listing Agent
Pro-show Realty
Listing Agent's Description
Do not miss out on your chance to own this adorable 3BR bungalow located in heart of Easley and only a short sidewalk stroll from the Historical Easley Downtown Area. This quaint gem of a home boasts custom built in shelving as well as a timeless decorative window in the living room. This home also has many desired updates in the kitchen and bathroom, and features vinyl tilt-out windows, six-panel doors, lovely hardwood floors, a picturesque circular driveway, covered porch and grilling deck, and a large fenced in backyard. An attached garage along with a large outbuilding provides all the storage you will need. Come see this one-of-a-kind home in person today!
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PRICE & RENT TRENDS
Zip Code: 29640
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 29640
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,130 |
| EXPENSES | Loan Payment | -$548 |
| Property Tax | -$167 | |
| Property Insurance | -$53 | |
| Property Management Fees | -$90 | |
|
CASH FLOW
$272
|
||
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.
$148,500
PROJECTED PRICE
$1,130
PROJECTED RENT
0.76%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 4.5% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.48% |
| 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
$45,103
LOAN DETAILS
$548
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $37,125 |
| Loan Amount | $111,375 |
12.92
YEARS SAVED
$36,021
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,130
LIST RENT -
$0.79
LIST RENT PER SQFT
-
$1,314
COMP ESTIMATED VALUE -
$0.92
COMP AVG. RENT PER SQFT
Comps Range
-
204 E 3rd Avenue Easley, SC 1
- 3 beds 1 baths ∙ 1,428 Sqft ∙ Built 1956 3 beds 1 baths ∙ 1,428 Sqft ∙ Built 1956
![property image]()
- Rent
- Rent Per SQFT
- $1,130
- $0.79
-
106 Pope Field Road Easley, SC 2
- 3 beds 2 baths ∙ 1,519 Sqft ∙ Built 3 beds 2 baths ∙ 1,519 Sqft ∙ Built
![property image]()
LEASED 12/31/20- Rent
- Rent Per SQFT
- $1,400
- $0.92
PROPERTY LISTING DETAILS
1.864.540.8184
Pro-show Realty
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1434419
Last Updated: 01/03/2021
