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PROPERTY INFO
FACTS
- Single Family
- Built In 2007
- Price/Sqft : $114.90
- 6 Days on Market
- MLS # : 1434561
- Updated Date : 01/05/2021 at 21:45
CONSTRUCTION
- Beds : 4
- Floor Size : '-'
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Greenville Cen
Listing Agent's Description
Well maintained two story home right where you want to be!! Zoned for Riverside Schools, just minutes from Pelham Rd and 85. Inside you will love the hardwoods and two story foyer. The living room is on the right, but would be the perfect home office or den. The dining room is large enough for entertaining or could be used as a play area since it is open into the kitchen featuring a pantry closet, center island, stylish black appliances, and eat in area, and a window overlooking the gorgeous back yard. The great room has a gas log fireplace for cozy movie nights. Also on this level is a half bath for your convenience. Upstairs all the carpet is new. The huge master bedroom has a sitting area that could be used as a home office, work out space or a reading spot. It also has a full bath with double sinks, two walk in closets, a spa like soaking tub and a separate shower. There are three additional bedrooms and a full bath on this level along with the laundry. Let me tell you about your favorite spot. Check out the amazing screened in porch overlooking the park like back yard with irrigation and a play house. This home is at the end of a culdesac and has a good bit of privacy. You have got to see this one before it gets away!!
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PRICE & RENT TRENDS
Zip Code: 29650
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 29650
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,790 |
| EXPENSES | Loan Payment | -$937 |
| Property Tax | -$394 | |
| Property Insurance | -$70 | |
| Property Management Fees | -$143 | |
|
CASH FLOW
$245
|
||
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.
$269,900
PROJECTED PRICE
$1,790
PROJECTED RENT
0.66%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.42% |
| Appreciation Year (1-5) | 3.1% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.12% |
| 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
$77,274
LOAN DETAILS
$937
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $67,475 |
| Loan Amount | $202,425 |
9.08
YEARS SAVED
$33,596
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,790
LIST RENT -
$0.76
LIST RENT PER SQFT
-
$1,824
COMP ESTIMATED VALUE -
$0.78
COMP AVG. RENT PER SQFT
Comps Range
-
306 Kylemore Lane Greer, SC 4
- 4 beds 3 baths ∙ 2,349 Sqft ∙ Built 2007 4 beds 3 baths ∙ 2,349 Sqft ∙ Built 2007
![property image]()
- Rent
- Rent Per SQFT
- $1,790
- $0.76
-
116 Slate Lane Greer, SC 1
- 3 beds 3 baths ∙ 2,040 Sqft ∙ Built 3 beds 3 baths ∙ 2,040 Sqft ∙ Built
![property image]()
LEASED 11/26/19- Rent
- Rent Per SQFT
- $1,575
- $0.77
-
203 Knoll Ridge Drive Greer, SC 2
- 4 beds 3 baths ∙ 2,155 Sqft ∙ Built 4 beds 3 baths ∙ 2,155 Sqft ∙ Built
![property image]()
LEASED 10/05/20- Rent
- Rent Per SQFT
- $1,650
- $0.77
-
4 Parkwalk Drive Greer, SC 3
- 4 beds 3 baths ∙ 2,216 Sqft ∙ Built 4 beds 3 baths ∙ 2,216 Sqft ∙ Built
![property image]()
LEASED 06/30/20- Rent
- Rent Per SQFT
- $1,750
- $0.79
PROPERTY LISTING DETAILS
1.864.270.8707
Keller Williams Greenville Cen
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1434561
Last Updated: 01/05/2021
