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239 Heathbury Court Simpsonville, SC 29681

5 Beds 3 Baths - sqft Built 2015

$285,000

List Price

$1,830

$1.6K - $2K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2015
  • Price/Sqft : $119.60
  • 2 Days on Market
  • MLS # : 1435338
  • Updated Date : 01/16/2021 at 19:20
CONSTRUCTION
  • Beds : 5
  • Floor Size : '-'
  • Baths : 3 full
Listing Agent

Keller Williams Greenville Cen

Listing Agent's Description

Beautiful 5 bedroom 3 bath home conveniently located less than 1 mile from Woodruff Road in the highly desirable Five Forks area. The Ansley Crossing Community HOA includes both common area and home lawn maintenance as well as trash removal which means you will never need to mow or fertilize your lawn. Enjoy a stroll along the walking trail as well as the private stocked fishing pond. Located in a cul-de-sac, you will immediately notice the curb appeal as you pull into the stained driveway. As you enter the home you are welcomed into a beautiful 2-story foyer and dining room with coffered ceilings and wainscoting. The open floor plan features a kitchen with beautiful cabinets, granite countertops, backsplash and lots of natural lighting. The main floor also has a guest bedroom and full bath. Upstairs you will find a laundry room with cabinets, a large master suite and 3 additional bedrooms. The master bath features separate vanities, shower, tub and a large walk in closet. The back yard is perfect for entertaining with a custom extended stone patio, firepit and a stained privacy fence. This home has lots of features including landscape border, recently upgraded LVP flooring throughout the main floor, bathrooms and laundry room, framed bathroom mirrors, designer light fixtures, dimmer switches and ceiling fans in every room bedroom. Don't miss out on this fabulous home! It won't be on the market long!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29681

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $85k259k

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

Zip Code: 29681

ZipNIR Market*CityMarket2010Year20002019 Q210001100120013001400150016001700Rent in $9171760

* 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
Monarch Elementary School Primary Regular 847 46 NA
Mauldin Middle School Middle Regular 1,090 65 8
Mauldin High School High Regular 2,240 108 8

Monarch Elementary School

  • Education Level: Primary
  • # of students: 847
  • # of teachers: 46
NA
GreatSchools Rating

Mauldin Middle School

  • Education Level: Middle
  • # of students: 1,090
  • # of teachers: 65
8
GreatSchools Rating

Mauldin High School

  • Education Level: High
  • # of students: 2,240
  • # of teachers: 108
8
GreatSchools Rating
 

$256,500$313,500$285,000

PURCHASE PRICE

$1,647$2,013$1,830

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,830
EXPENSES Loan Payment -$990
Property Tax -$343
Property Insurance -$71
Property Management Fees -$146
CASH FLOW
$280

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.

$285,000

PROJECTED PRICE

$1,830

PROJECTED RENT

0.64%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.42%
Appreciation Year (1-5) 3.4%
Maintenance Year (1-5) 8.00%
Vacancy 6.12%
Length of Stay Years 2

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$81,275

INVESTMENT

$81,275

Down Payment
$71,250
Rehab Estimate
$5,750
Closing Costs
$4,275

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$990

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $71,250
Loan Amount $213,750
See What Happens When You Reinvest Cash Flow

9.58

YEARS SAVED

$39,246

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,830

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,793

    COMP ESTIMATED VALUE
  • $0.75

    COMP AVG. RENT PER SQFT
Comps Range
$1,795
1$1,7952$1,8003$1,8304$1,8505$1,950
$1,950
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 239 Heathbury Court Simpsonville, SC 3
    • 5 beds 3 baths ∙ 2,383 Sqft ∙ Built 2015 5 beds 3 baths ∙ 2,383 Sqft ∙ Built 2015
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,830
    • $0.77
    •  
  • 8 Teton Court Simpsonville, SC 1
    • 4 beds 3 baths ∙ 2,347 Sqft ∙ Built 4 beds 3 baths ∙ 2,347 Sqft ∙ Built
    property image
    LEASED 03/10/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,795
    • $0.76
    •  
  • 107 Summerwalk Place Simpsonville, SC 2
    • 4 beds 3 baths ∙ 2,478 Sqft ∙ Built 4 beds 3 baths ∙ 2,478 Sqft ∙ Built
    property image
    LEASED 09/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,800
    • $0.73
    •  
  • 20 Ginger Gold Drive Simpsonville, SC 4
    • 5 beds 4 baths ∙ 2,566 Sqft ∙ Built 2004 5 beds 4 baths ∙ 2,566 Sqft ∙ Built 2004
    property image
    LEASED 04/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,850
    • $0.72
    •  
  • 505 Grimes Drive Simpsonville, SC 5
    • 4 beds 3 baths ∙ 2,427 Sqft ∙ Built 4 beds 3 baths ∙ 2,427 Sqft ∙ Built
    property image
    LEASED 01/15/21
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.80
    •  
PROPERTY LISTING DETAILS
Steven Delisle
1.864.757.4970
Keller Williams Greenville Cen
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1435338
Last Updated: 01/16/2021
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