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5 Hollander Drive Taylors, SC 29687

4 Beds 3 Baths - sqft Built 2006

$259,900

List Price

$1,730

$1.6K - $1.9K

Rent Est.

PROPERTY INFO

January 16, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $111.98
  • 2 Days on Market
  • MLS # : 1435325
  • Updated Date : 01/16/2021 at 23:24
CONSTRUCTION
  • Beds : 4
  • Floor Size : '-'
  • Baths : 2 full , 1 half
Listing Agent

Rosenfeld Realty Group

Listing Agent's Description

Searching for a 4 bedroom home with master on the main level and a fenced in backyard, you have found it! This lovely home located in the desirable Blue Ridge Plantation community is available and move-in ready! This home features a master bedroom on the main level with new carpet and a large bathroom with his and her sinks and roomy walk-in closet. The 3 generously sized bedrooms upstairs and upstairs hallway all have new carpet and freshly painted. The open floor plan is great for entertaining and family living with the great room opening up to the breakfast area and kitchen. The kitchen features a built-in island and refrigerator and dishwasher that are in excellent condition. You can enjoy the community pool in the summer and all of the beautiful scenery that the Lake Robinson area has to offer! Contact me for a private showing today!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29687

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180k190kPrice in $79k199k

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

Zip Code: 29687

ZipNIR Market*CityMarket2010Year20002019 Q2900950100010501100115012001250130013501400Rent in $8681413

* 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
Mountain View Elementary School Primary Regular 843 44 7
Blue Ridge Middle School Middle Regular 973 53 8
Blue Ridge High School High Regular 1,183 63 5

Mountain View Elementary School

  • Education Level: Primary
  • # of students: 843
  • # of teachers: 44
7
GreatSchools Rating

Blue Ridge Middle School

  • Education Level: Middle
  • # of students: 973
  • # of teachers: 53
8
GreatSchools Rating

Blue Ridge High School

  • Education Level: High
  • # of students: 1,183
  • # of teachers: 63
5
GreatSchools Rating
 

$233,910$285,890$259,900

PURCHASE PRICE

$1,557$1,903$1,730

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,730
EXPENSES Loan Payment -$903
Property Tax -$404
Property Insurance -$70
Property Management Fees -$138
CASH FLOW
$215

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.

$259,900

PROJECTED PRICE

$1,730

PROJECTED RENT

0.67%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k$900k

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$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$74,624

INVESTMENT

$74,624

Down Payment
$64,975
Rehab Estimate
$5,750
Closing Costs
$3,899

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$903

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $64,975
Loan Amount $194,925
See What Happens When You Reinvest Cash Flow

7.83

YEARS SAVED

$27,320

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,730

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • $1,694

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,730
$1,730
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 5 Hollander Drive Greer, SC 2
    • 4 beds 3 baths ∙ 2,321 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,321 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,730
    • $0.75
    •  
  • 15 Hollander Drive Taylors, SC 1
    • 4 beds 3 baths ∙ 2,255 Sqft ∙ Built 4 beds 3 baths ∙ 2,255 Sqft ∙ Built
    LEASED 02/13/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,650
    • $0.73
    •  
PROPERTY LISTING DETAILS
Ryan Rosenfeld
1.864.561.3557
Rosenfeld Realty Group
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1435325
Last Updated: 01/16/2021
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