Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1985
- Price/Sqft : $148.77
- 4 Days on Market
- MLS # : 1433310
- Updated Date : 12/10/2020 at 06:13
CONSTRUCTION
- Beds : 3
- Floor Size : '-'
- Baths : 2 full
Listing Agent
Allen Tate Co. - Greenville
Listing Agent's Description
Very nice brick ranch home, situated on nice 1/2 acre lot offering 3 car garage with large workshop. Home has a large Greatroom with a wall of bookcases backing to foyer, double fans and opens to back deck. The split bedroom floor plan is perfect for your family. Kitchen with ample counter space and cabinets, double pantry, laundry area and adjoining dining room. Master bedroom is very large, offers 2 closets, sink/dressing area and tub/shower combination. Two additional bedroom and full bath located on separate side of home. The large fenced yard has a storage building at back of lot. Updates include New roof 2019 and newer HVAC, and leaf guard on gutters. This one owner home has been well cared for is ready for your family to make it your special place with your updates. The large deck is in need of repair and can be negotiated or seller willing to make repairs.
SEE MORE
PRICE & RENT TRENDS
Zip Code: 29687
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 29687
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,460 |
| EXPENSES | Loan Payment | -$935 |
| Property Tax | -$371 | |
| Property Insurance | -$58 | |
| Property Management Fees | -$117 | |
|
CASH FLOW
-$22
|
||
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.
$253,500
PROJECTED PRICE
$1,460
PROJECTED RENT
0.58%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.16% |
| Appreciation Year (1-5) | 5.4% |
| Maintenance Year (1-5) | 8.00% |
| 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
$72,928
LOAN DETAILS
$935
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $63,375 |
| Loan Amount | $190,125 |
3.5
YEARS SAVED
$9,539
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,460
LIST RENT -
$0.86
LIST RENT PER SQFT
-
$1,457
COMP ESTIMATED VALUE -
$0.86
COMP AVG. RENT PER SQFT
Comps Range
-
313 Tumbleweed Terrace Taylors, SC 1
- 3 beds 2 baths ∙ 1,704 Sqft ∙ Built 1985 3 beds 2 baths ∙ 1,704 Sqft ∙ Built 1985
![property image]()
- Rent
- Rent Per SQFT
- $1,460
- $0.86
-
303 Tumbleweed Terrace Taylors, SC 2
- 3 beds 2 baths ∙ 1,781 Sqft ∙ Built 3 beds 2 baths ∙ 1,781 Sqft ∙ Built
![property image]()
LEASED 08/06/20- Rent
- Rent Per SQFT
- $1,495
- $0.84
-
527 Wood Road Taylors, SC 3
- 4 beds 2 baths ∙ 1,717 Sqft ∙ Built 4 beds 2 baths ∙ 1,717 Sqft ∙ Built
![property image]()
LEASED 01/28/20- Rent
- Rent Per SQFT
- $1,500
- $0.87
PROPERTY LISTING DETAILS
1.864.304.6100
Allen Tate Co. - Greenville
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1433310
Last Updated: 12/10/2020
