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3 Rocky Ford Court Greenville, SC 29615

3 Beds 2 Baths - sqft Built 1992

$218,000

List Price

$1,410

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

FACTS
  • Single Family
  • Built In 1992
  • Price/Sqft : $148.81
  • 27 Days on Market
  • MLS # : 1435510
  • Updated Date : 02/13/2021 at 11:26
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Keller Williams Grv Upst

Listing Agent's Description

Great location, great neighborhood, and great home! That sums it up! This three bedroom, 2 bath, one level living home awaits it's new owner! The floorplan has Cathedral ceilings in the living room, dining area, as well as breakfast area. It also comes with a laundry room and pantry. The master ensuite has a trey ceiling, and complete with a garden tub, walk in shower and double sinks. The outdoor space is just enough for low maintenance and double decks for friends and family. This home also has a 2 car garage, and newer Heating and air conditioning unit. Come see today while it's available!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29615

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260kPrice in $85k262k

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

Zip Code: 29615

ZipNIR Market*CityMarket2010Year20002019 Q280090010001100120013001400150016001700Rent in $7911778

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

SCHOOLS

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$196,200$239,800$218,000

PURCHASE PRICE

$1,269$1,551$1,410

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,410
EXPENSES Loan Payment -$757
Property Tax -$261
Property Insurance -$54
Property Management Fees -$113
CASH FLOW
$225

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.

$218,000

PROJECTED PRICE

$1,410

PROJECTED RENT

0.65%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.42%
Appreciation Year (1-5) 6.0%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$63,520

INVESTMENT

$63,520

Down Payment
$54,500
Rehab Estimate
$5,750
Closing Costs
$3,270

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$757

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $54,500
Loan Amount $163,500
See What Happens When You Reinvest Cash Flow

9.67

YEARS SAVED

$30,916

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,410

    LIST RENT
  • $0.96

    LIST RENT PER SQFT
  • $1,333

    COMP ESTIMATED VALUE
  • $0.91

    COMP AVG. RENT PER SQFT
Comps Range
$975
1$9752$1,2953$1,4004$1,410
$1,410
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 3 Rocky Ford Court Greenville, SC 4
    • 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1992 3 beds 2 baths ∙ 1,465 Sqft ∙ Built 1992
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    • Rent Per SQFT
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    •  
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PROPERTY LISTING DETAILS
Kim Stroud
1.864.680.0202
Keller Williams Grv Upst
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1435510
Last Updated: 02/13/2021
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