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PROPERTY INFO
FACTS
- Single Family
- Built In 2001
- Price/Sqft : $112.34
- 4 Days on Market
- MLS # : 1436664
- Updated Date : 02/05/2021 at 16:19
CONSTRUCTION
- Beds : 4
- Floor Size : '-'
- Baths : 2 full , 1 half
Listing Agent
Keller Williams Greenville Cen
Listing Agent's Description
An absolutely beautiful home located in the desirable Planters Row neighborhood. This 4 bedroom 2.5 bath traditional home is immaculate with impressive upgrades making it stand out in Planters Row. Upon entry you will be greeted with a bright and eye-catching 2-story foyer. All hardwood stairs and flooring are 3/4" Bruce Hardwoods. along with crown molding throughout the downstairs. The kitchen features luxury vinyl floor, stainless appliances, and beautiful tall cabinets that compliment the granite counters perfectly. There is both a spacious den and separate living room along with a formal dining room. Hardwoods run through them all. The master bedroom has a vaulted ceiling, hardwood floors, walk-in and full bath with double sinks and separate shower and garden-styled tub. The 10x20 oversized back deck overlooks a private fenced back yard with wonderfully placed Leland Cyprus for additional appeal and privacy. Planters Row puts you within minutes of shopping, restaurants, and quick access to several highways. All while being set among one of the nicest residential areas in Mauldin.
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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
Sorry, we do not have sufficient school data for this neighborhood.
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,680 |
| EXPENSES | Loan Payment | -$955 |
| Property Tax | -$370 | |
| Property Insurance | -$72 | |
| Property Management Fees | -$134 | |
|
CASH FLOW
$149
|
||
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.
$275,000
PROJECTED PRICE
$1,680
PROJECTED RENT
0.61%
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
$78,625
LOAN DETAILS
$955
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $68,750 |
| Loan Amount | $206,250 |
7.17
YEARS SAVED
$24,403
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,680
LIST RENT -
$0.69
LIST RENT PER SQFT
-
$1,673
COMP ESTIMATED VALUE -
$0.68
COMP AVG. RENT PER SQFT
Comps Range
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509 Fieldgate Court Mauldin, SC 3
- 4 beds 3 baths ∙ 2,448 Sqft ∙ Built 2001 4 beds 3 baths ∙ 2,448 Sqft ∙ Built 2001
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- $0.69
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314 Marsh Creek Drive Mauldin, SC 1
- 4 beds 3 baths ∙ 2,400 Sqft ∙ Built 4 beds 3 baths ∙ 2,400 Sqft ∙ Built
LEASED 08/31/20- Rent
- Rent Per SQFT
- $1,595
- $0.66
-
7 Fawn Ridge Way Mauldin, SC 2
- 4 beds 3 baths ∙ 2,324 Sqft ∙ Built 4 beds 3 baths ∙ 2,324 Sqft ∙ Built
LEASED 12/27/19- Rent
- Rent Per SQFT
- $1,650
- $0.71
-
100 Blue Slate Court Greenville, SC 4
- 4 beds 3 baths ∙ 2,486 Sqft ∙ Built 4 beds 3 baths ∙ 2,486 Sqft ∙ Built
LEASED 04/01/20- Rent
- Rent Per SQFT
- $1,700
- $0.68
PROPERTY LISTING DETAILS
1.864.757.4970
Keller Williams Greenville Cen
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1436664
Last Updated: 02/05/2021
