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28 Crofton Drive Greenville, SC 29605

3 Beds 2 Baths - sqft Built 1963

$149,900

List Price

$1,060

$954 - $1.2K

Rent Est.

PROPERTY INFO

November 09, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1963
  • Price/Sqft : $125.33
  • 7 Days on Market
  • MLS # : 1431390
  • Updated Date : 11/09/2020 at 19:28
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 1 full , 1 half
Listing Agent

Bhhs C Dan Joyner - N. Pleas

Listing Agent's Description

Newly renovated 3BR/1.5BA home close to Donaldson Center. Upgrades include fresh paint, new carpet, laminate flooring, granite countertops and stainless steel appliances. Schedule your showing today.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29605

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180kPrice in $79k190k

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

Zip Code: 29605

ZipNIR Market*CityMarket2010Year20002019 Q270075080085090095010001050110011501200125013001350Rent in $6511383

* 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
Robert E. Cashion Elementary School Primary Regular 694 40 5
Woodmont Middle School Middle Regular 628 38 6
Woodmont High School High Regular 1,801 89 6

Robert E. Cashion Elementary School

  • Education Level: Primary
  • # of students: 694
  • # of teachers: 40
5
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
 

$134,910$164,890$149,900

PURCHASE PRICE

$954$1,166$1,060

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,060
EXPENSES Loan Payment -$553
Property Tax -$190
Property Insurance -$49
Property Management Fees -$85
CASH FLOW
$183

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.

$149,900

PROJECTED PRICE

$1,060

PROJECTED RENT

0.71%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.16%
Appreciation Year (1-5) 0.6%
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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$50k$100k$150k$200k$250k$300k$350k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$45,474

INVESTMENT

$45,474

Down Payment
$37,475
Rehab Estimate
$5,750
Closing Costs
$2,249

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$553

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $37,475
Loan Amount $112,425
See What Happens When You Reinvest Cash Flow

10.17

YEARS SAVED

$26,263

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,060

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,136

    COMP ESTIMATED VALUE
  • $0.95

    COMP AVG. RENT PER SQFT
Comps Range
$1,060
1$1,0602$1,1503$1,395
$1,395
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 28 Crofton Drive Greenville, SC 1
    • 3 beds 2 baths ∙ 1,196 Sqft ∙ Built 1963 3 beds 2 baths ∙ 1,196 Sqft ∙ Built 1963
    • Rent
    • Rent Per SQFT
    •  
    • $1,060
    • $0.89
    •  
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    • 3 beds 2 baths ∙ 1,166 Sqft ∙ Built 3 beds 2 baths ∙ 1,166 Sqft ∙ Built
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    • Rent
    • Rent Per SQFT
    •  
    • $1,150
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    • 3 beds 3 baths ∙ 1,536 Sqft ∙ Built 3 beds 3 baths ∙ 1,536 Sqft ∙ Built
    LEASED 02/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.91
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PROPERTY LISTING DETAILS
Alex Crigler
1.864.616.3988
Bhhs C Dan Joyner - N. Pleas
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1431390
Last Updated: 11/09/2020
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