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4 Wickby Court Simpsonville, SC 29680

4 Beds 2 Baths - sqft Built 1998

$195,000

List Price

$1,370

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

November 07, 2020 RECENTLY ADDED
FACTS
  • Built In 1998
  • Price/Sqft : $127.95
  • 2 Days on Market
  • MLS # : 1431292
  • Updated Date : 11/07/2020 at 13:27
CONSTRUCTION
  • Beds : 4
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Bhhs C Dan Joyner - N. Pleas

Listing Agent's Description

Wonderful home on a cul-de-sac street - this 4 Bedroom 2 Bath house can be your next home! The Great Room has plenty of room and a fireplace that is perfect for a chilly winter night. The spacious Kitchen has plenty of cabinet space, a full appliance package, tile backsplash, and pantry cabinets with pull out drawers. The Breakfast area has room for the family to come together at dinner time. The Master Bedroom is located on the main level and comes with a private on suite. Upstairs you will find 3 additional Bedrooms that share a Hall Bath. The Bedroom over the Garage is large enough to be used as a Bonus Room, Man Cave, or Game Room. Outside you will find a large Deck right off the Kitchen that is perfect for outdoor entertaining. The oversized Backyard is fenced and has more than enough room for a swing set, trampoline, and room for the dogs to roam. There is even a shed that's great for extra storage. All this located next to Georgia Road shopping, restaurants, and easy access to the highway. Take a look at this move in ready home today!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29680

ZipNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240kPrice in $85k240k

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

Zip Code: 29680

ZipNIR Market*CityMarket2010Year20002019 Q21000110012001300140015001600Rent in $9171659

* 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
Plain Elementary School Primary Regular 885 46 9
Hillcrest Middle School Middle Regular 1,001 55 8
Hillcrest High School High Regular 2,106 103 6

Plain Elementary School

  • Education Level: Primary
  • # of students: 885
  • # of teachers: 46
9
GreatSchools Rating

Hillcrest Middle School

  • Education Level: Middle
  • # of students: 1,001
  • # of teachers: 55
8
GreatSchools Rating

Hillcrest High School

  • Education Level: High
  • # of students: 2,106
  • # of teachers: 103
6
GreatSchools Rating
 

$175,500$214,500$195,000

PURCHASE PRICE

$1,233$1,507$1,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,370
EXPENSES Loan Payment -$719
Property Tax -$239
Property Insurance -$55
Property Management Fees -$110
CASH FLOW
$247

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.

$195,000

PROJECTED PRICE

$1,370

PROJECTED RENT

0.70%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.42%
Appreciation Year (1-5) 4.7%
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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$57,425

INVESTMENT

$57,425

Down Payment
$48,750
Rehab Estimate
$5,750
Closing Costs
$2,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$719

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $48,750
Loan Amount $146,250
See What Happens When You Reinvest Cash Flow

11.08

YEARS SAVED

$37,801

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,370

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • $1,349

    COMP ESTIMATED VALUE
  • $0.89

    COMP AVG. RENT PER SQFT
Comps Range
$1,325
1$1,3252$1,3503$1,3704$1,4005$1,500
$1,500
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 4 Wickby Court Simpsonville, SC 3
    • 4 beds 2 baths ∙ 1,524 Sqft ∙ Built 1998 4 beds 2 baths ∙ 1,524 Sqft ∙ Built 1998
    • Rent
    • Rent Per SQFT
    •  
    • $1,370
    • $0.90
    •  
  • 121 W Fall River Way Simpsonville, SC 1
    • 3 beds 3 baths ∙ 1,392 Sqft ∙ Built 3 beds 3 baths ∙ 1,392 Sqft ∙ Built
    LEASED 06/16/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,325
    • $0.95
    •  
  • 16 Waterthrush Way Simpsonville, SC 2
    • 3 beds 2 baths ∙ 1,594 Sqft ∙ Built 3 beds 2 baths ∙ 1,594 Sqft ∙ Built
    LEASED 03/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.85
    •  
  • 2 Bramford Way Simpsonville, SC 4
    • 3 beds 3 baths ∙ 1,710 Sqft ∙ Built 3 beds 3 baths ∙ 1,710 Sqft ∙ Built
    LEASED 04/17/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.82
    •  
  • 405 Great Oaks Way Simpsonville, SC 5
    • 3 beds 2 baths ∙ 1,622 Sqft ∙ Built 3 beds 2 baths ∙ 1,622 Sqft ∙ Built
    LEASED 03/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,500
    • $0.92
    •  
PROPERTY LISTING DETAILS
Susan Waters
1.864.380.0402
Bhhs C Dan Joyner - N. Pleas
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1431292
Last Updated: 11/07/2020
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