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 1998
- Price/Sqft : $108.49
- 2 Days on Market
- MLS # : 1435343
- Updated Date : 01/16/2021 at 17:39
CONSTRUCTION
- Beds : 4
- Floor Size : '-'
- Baths : 2 full , 1 half
Listing Agent
Century 21 Blackwell & Co. Rea
Listing Agent's Description
Come see this great home in a great subdivision and in a great location !!! You must see this 4 Bedroom 2,5 Bath with a spacious bonus room that has been freshly painting and carpet has been recently replaced throughout the house. You will be immediately impressed as you enter this house of the formal dining room with columns with a easy flow to the open family room kitchen combination. There is french doors to exit to the patio / back yard area. All bedrooms are located to the second level. The spacious master suite has a beautiful trey ceiling. The master bathroom features a garden tub, separate shower and large walk in closet. All other bedrooms are spacious and has easy access to the hall bathroom featuring tub/shower combination. This home have so much to offer. Don't miss out on the great opportunity to make this your home.
SEE MORE
PRICE & RENT TRENDS
Zip Code: 29662
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 29662
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,650 |
| EXPENSES | Loan Payment | -$764 |
| Property Tax | -$284 | |
| Property Insurance | -$64 | |
| Property Management Fees | -$132 | |
|
CASH FLOW
$406
|
||
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.
$219,900
PROJECTED PRICE
$1,650
PROJECTED RENT
0.75%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.42% |
| Appreciation Year (1-5) | 4.0% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.12% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$64,024
LOAN DETAILS
$764
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $54,975 |
| Loan Amount | $164,925 |
13.33
YEARS SAVED
$47,166
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,650
LIST RENT -
$0.81
LIST RENT PER SQFT
-
$1,622
COMP ESTIMATED VALUE -
$0.8
COMP AVG. RENT PER SQFT
Comps Range
-
405 Bel Arbor Lane Mauldin, SC 5
- 4 beds 3 baths ∙ 2,027 Sqft ∙ Built 1998 4 beds 3 baths ∙ 2,027 Sqft ∙ Built 1998
- Rent
- Rent Per SQFT
- $1,650
- $0.81
-
412 Peach Grove Place Mauldin, SC 1
- 3 beds 2 baths ∙ 1,718 Sqft ∙ Built 3 beds 2 baths ∙ 1,718 Sqft ∙ Built
LEASED 03/26/20- Rent
- Rent Per SQFT
- $1,395
- $0.81
-
212 Montauk Drive Greenville, SC 2
- 4 beds 2 baths ∙ 1,857 Sqft ∙ Built 4 beds 2 baths ∙ 1,857 Sqft ∙ Built
LEASED 03/17/20- Rent
- Rent Per SQFT
- $1,495
- $0.81
-
18 Appleton Lane Mauldin, SC 3
- 3 beds 2 baths ∙ 1,868 Sqft ∙ Built 3 beds 2 baths ∙ 1,868 Sqft ∙ Built
LEASED 03/30/20- Rent
- Rent Per SQFT
- $1,495
- $0.80
-
28 Shale Court Greenville, SC 4
- 3 beds 3 baths ∙ 1,992 Sqft ∙ Built 3 beds 3 baths ∙ 1,992 Sqft ∙ Built
LEASED 05/15/20- Rent
- Rent Per SQFT
- $1,550
- $0.78
PROPERTY LISTING DETAILS
1.864.901.3435
Century 21 Blackwell & Co. Rea
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1435343
Last Updated: 01/16/2021
