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428 Saddleback Trail Duncan, SC 29334

3 Beds 2 Baths - sqft Built 2018

$212,900

List Price

$1,530

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 16, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2018
  • Price/Sqft : $136.39
  • 5 Days on Market
  • MLS # : 1433723
  • Updated Date : 12/16/2020 at 22:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Coldwell Banker Caine Real Est

Listing Agent's Description

You will love this Single Level Home! Convenience to I-85, Hwy 290, BMW, and East of Greenville. This home features a gorgeous exterior with contrasting stone accents! Enter the home you're greeted by a warm and inviting foyer. The first of the three bedrooms are located at the front of the home and has a ton of natural light. As you come into the open kitchen, the dining room and great room are all open to each other. You will find a large guest bathroom and a convenient laundry room off the living area! The kitchen features designer cabinetry, a large pantry, appliances, and a bar top that looks out into the great room, which features soaring vaulted ceilings! The second bedroom is a perfect size and has a lot of closet space. The master suite is breathtaking and features a vaulted ceiling and a large walk in closet. The master bath has been upgraded to include a dual sink vanity, walk-in closet, and separate soaking tub! Outback has a covered porch pergola and a fenced back yard. You should see this one.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29334

ZipNIR Market*CityMarket2010Year2000201960k70k80k90k100k110k120k130k140k150k160k170k180kPrice in $58k186k

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

Zip Code: 29334

ZipNIR Market*CityMarket2010Year20002019 Q270080090010001100120013001400Rent in $6031407

* 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
Berry Shoals Intermediate School Primary Regular 575 42 8
Berry Shoals Intermediate School Middle Regular 575 42 8
James F. Byrnes Freshman Academy High Regular 608 32 7

Berry Shoals Intermediate School

  • Education Level: Primary
  • # of students: 575
  • # of teachers: 42
8
GreatSchools Rating

Berry Shoals Intermediate School

  • Education Level: Middle
  • # of students: 575
  • # of teachers: 42
8
GreatSchools Rating

James F. Byrnes Freshman Academy

  • Education Level: High
  • # of students: 608
  • # of teachers: 32
7
GreatSchools Rating
 

$191,610$234,190$212,900

PURCHASE PRICE

$1,377$1,683$1,530

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,530
EXPENSES Loan Payment -$786
Property Tax -$373
Property Insurance -$56
Property Management Fees -$122
CASH FLOW
$193

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 16% of earned rent to cover both maintenance and periods of vacancy.

$212,900

PROJECTED PRICE

$1,530

PROJECTED RENT

0.72%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.52%
Appreciation Year (1-5) 5.8%
Maintenance Year (1-5) 8.00%
Vacancy 7.90%
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$14k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$62,169

INVESTMENT

$62,169

Down Payment
$53,225
Rehab Estimate
$5,750
Closing Costs
$3,194

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$786

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $53,225
Loan Amount $159,675
See What Happens When You Reinvest Cash Flow

8.08

YEARS SAVED

$26,971

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,530

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • $1,608

    COMP ESTIMATED VALUE
  • $1.03

    COMP AVG. RENT PER SQFT
Comps Range
$1,530
1$1,5302$1,725
$1,725
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 428 Saddleback Trail Duncan, SC 1
    • 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2018 3 beds 2 baths ∙ 1,561 Sqft ∙ Built 2018
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,530
    • $0.98
    •  
  • 117 Prairie Wolf Run Duncan, SC 2
    • 4 beds 3 baths ∙ 1,672 Sqft ∙ Built 4 beds 3 baths ∙ 1,672 Sqft ∙ Built
    property image
    LEASED 12/07/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,725
    • $1.03
    •  
PROPERTY LISTING DETAILS
Donna Morrow
1.864.542.4082
Coldwell Banker Caine Real Est
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1433723
Last Updated: 12/16/2020
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