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

4 Point Hope Court Greenville, SC 29605

3 Beds 2 Baths - sqft Built 1996

INVESTimate

$179,900

List Price

$1,320

$1,188 - $1,452

Rent Est.

$180,943  ( +0.58%)   1 YR EST. FORECAST

PROPERTY INFO

August 21, 2020 RECENTLY ADDED
FACTS
  • Built In 1996
  • Price/Sqft : $125.80
  • 6 Days on Market
  • MLS # : 1425587
  • Updated Date : 08/21/2020 at 20:59
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Jeff Cook Real Estate Llc

Listing Agent's Description

This charming ranch home is nestled on a quiet cul-de-sac in Oak Knoll. It's conveniently located near the front of the neighborhood, but since it's on a cul-de-sac there is no through traffic. You'll notice great curb-appeal, with attractive landscaping and mature shade trees, which help keep the house cool. As you enter, you'll be greeted by attractive laminate flooring throughout and a spacious floor plan, which is great for roommates or growing families. The formal dining room, which is open to the family/great room and features a tray ceiling, will be perfect for entertaining and family dinners. Enjoy cool evenings in front of the cozy gas fireplace, in the family room. The eat-in kitchen boasts sleek black appliances, ample cabinet and counter space, a breakfast bar, and a breakfast nook, with a large bay window overlooking the backyard. Refrigerator to convey, with an acceptable offer and as part of the sales contract. The spacious master bedroom features a tray ceiling and a private en suite bathroom, with a dual vanity. The rest of the bedrooms are also spacious in size. The large bonus room (converted garage), with outside access, could be used as a 4th bedroom or it would also make an excellent game room, entertainment room, or home office. The deck and partially-fenced backyard will be perfect for grilling out, entertaining, or watching the kids play. Conveniently located near shopping, dining, and the interstate. Come see your new home, 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
Hughes Academy Middle Magnet 848 48 6
Southside High School High Magnet 814 51 2

Robert E. Cashion Elementary School

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

Hughes Academy

  • Education Level: Middle
  • # of students: 848
  • # of teachers: 48
6
GreatSchools Rating

Southside High School

  • Education Level: High
  • # of students: 814
  • # of teachers: 51
2
GreatSchools Rating
 

$161,910$197,890$179,900

PURCHASE PRICE

$1,188$1,452$1,320

RENT

DOWN PAYMENT
FINANCING

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k

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$50k$100k$150k$200k$250k$300k$350k$400k

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,320
EXPENSES Loan Payment -$664
Property Tax -$228
Property Insurance -$53
Property Management Fees -$106
CASH FLOW
$269

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.

$179,900

PROJECTED PRICE

$1,320

PROJECTED RENT

0.73%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.16%
Appreciation Year (1-5) 0.58%
Maintenance Year (1-5) 8.00%
Vacancy 6.54%
Length of Stay Years 2

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$53,424

INVESTMENT

$53,424

Down Payment
$44,975
Rehab Estimate
$5,750
Closing Costs
$2,699

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 30% down payment or higher enables the proceeds from the asset to cover all costs.

$664

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $44,975
Loan Amount $134,925
See What Happens When You Reinvest Cash Flow

11.5

YEARS SAVED

$37,602

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,320

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $1,337

    COMP ESTIMATED VALUE
  • $0.94

    COMP AVG. RENT PER SQFT
Comps Range
$1,150
1$1,1502$1,3203$1,3954$1,5505$1,550
$1,550
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 4 Point Hope Court Greenville, 2
    • 3 beds 2 baths ∙ 1,430 Sqft ∙ Built 1996 3 beds 2 baths ∙ 1,430 Sqft ∙ Built 1996
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,320
    • $0.92
    •  
  • 103 Denali Court Greenville, 1
    • 3 beds 2 baths ∙ 1,166 Sqft ∙ Built 3 beds 2 baths ∙ 1,166 Sqft ∙ Built
    property image
    LEASED 01/11/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,150
    • $0.99
    •  
  • 1 Kojak Court Greenville, 3
    • 4 beds 2 baths ∙ 1,521 Sqft ∙ Built 4 beds 2 baths ∙ 1,521 Sqft ∙ Built
    property image
    LEASED 03/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,395
    • $0.92
    •  
  • 101 Boxford Court Greenville, 4
    • 3 beds 2 baths ∙ 1,762 Sqft ∙ Built 3 beds 2 baths ∙ 1,762 Sqft ∙ Built
    property image
    LEASED 02/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.88
    •  
  • 135 Crescent Creek Court Greenville, 5
    • 4 beds 2 baths ∙ 1,636 Sqft ∙ Built 4 beds 2 baths ∙ 1,636 Sqft ∙ Built
    property image
    LEASED 03/26/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.95
    •  
PROPERTY LISTING DETAILS
Jeff Cook
Jeff Cook Real Estate Llc
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1425587
Last Updated: 08/21/2020
BESbswy