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PROPERTY INFO
FACTS
- Single Family
- Built In 2021
- Price/Sqft : $140.11
- 4 Days on Market
- MLS # : 1436657
- Updated Date : 02/04/2021 at 10:40
CONSTRUCTION
- Beds : 3
- Floor Size : '-'
- Baths : 2 full
Listing Agent
Jackson Stanley Realtors
Listing Agent's Description
Here is your chance to own the "saluda" plan that has been so popular in this area! Don't even think about renting a place until you see this open and awesome floor plan! This home offers approx 1365 sq feet, split bedroom plan, open living with an island in the kitchen. So many special touches in this home like luxury vinyl flooring in kitchen & breakfast area. The bedrooms will have carpet and vinyl in baths and laundry, granite counters in kitchen with white soft close cabinets and drawers. The exterior offers a covered front stoop as well as a covered back patio to enjoy morning coffee or winding down at the end of a long day! This area offers great proximity to the Historical Mineral Spring Water Park in Williamston that hosts many events throughout the year for all residents! If you're are looking for a home that offers bells and whistles, you will want to see this one!
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PRICE & RENT TRENDS
Zip Code: 29697
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 29697
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,100 |
| EXPENSES | Loan Payment | -$641 |
| Property Tax | -$336 | |
| Property Insurance | -$51 | |
| Property Management Fees | -$88 | |
|
CASH FLOW
-$16
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.
$184,521
PROJECTED PRICE
$1,100
PROJECTED RENT
0.60%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.16% |
| Appreciation Year (1-5) | 4.1% |
| Maintenance Year (1-5) | 3.00% |
| Vacancy | 6.54% |
| 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
$50,898
LOAN DETAILS
$641
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $46,130 |
| Loan Amount | $138,391 |
2.92
YEARS SAVED
$4,427
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,100
LIST RENT -
$0.84
LIST RENT PER SQFT
-
$1,291
COMP ESTIMATED VALUE -
$0.98
COMP AVG. RENT PER SQFT
Comps Range
-
217-a Longview Drive Williamston, SC 2
- 3 beds 2 baths ∙ 1,317 Sqft ∙ Built 2021 3 beds 2 baths ∙ 1,317 Sqft ∙ Built 2021
![property image]()
- Rent
- Rent Per SQFT
- $1,100
- $0.84
-
7 Shaw Drive Williamston, SC 1
- 3 beds 2 baths ∙ 1,122 Sqft ∙ Built 3 beds 2 baths ∙ 1,122 Sqft ∙ Built
![property image]()
LEASED 03/02/20- Rent
- Rent Per SQFT
- $1,100
- $0.98
PROPERTY LISTING DETAILS
1.864.617.5450
Jackson Stanley Realtors
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1436657
Last Updated: 02/04/2021
