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517 Havenhurst Drive Taylors, SC 29687

3 Beds 2 Baths - sqft Built 1978

$189,900

List Price

$1,340

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $125.93
  • 2 Days on Market
  • MLS # : 1433900
  • Updated Date : 12/20/2020 at 03:25
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Exp Realty Llc

Listing Agent's Description

MORE PHOTOS COMING SOON! Move In Ready, Charming Ranch needs a new owner to love. Great first-time home, down sizing buyers or investor property in highly desired east side location. Quiet cul-de-sac with a HUGE tiered and fenced lot. Plenty of space to build a garage or carport at the top of the driveway. One level living with a great floor plan. Wood burning fireplace for the chilly winter evenings and holiday decorations. New HVAC in 2017. Roof is approximately 6 years old. Bathrooms are neutral with tile floors. Yard could be a gardeners dream with so much space and multiple levels. HOME IS BEING SOLD AS-IS. SELLER WILL COMPLETE ALL LENDER REQUIRED REPAIRS. Owner is sorry to say goodbye!! Please call agent with any questions.

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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
Brook Glenn Elementary School Primary Regular 449 30 8
Northwood Middle School Middle Regular 853 50 8
Eastside High School High Regular 1,440 74 6

Brook Glenn Elementary School

  • Education Level: Primary
  • # of students: 449
  • # of teachers: 30
8
GreatSchools Rating

Northwood Middle School

  • Education Level: Middle
  • # of students: 853
  • # of teachers: 50
8
GreatSchools Rating

Eastside High School

  • Education Level: High
  • # of students: 1,440
  • # of teachers: 74
6
GreatSchools Rating
 

$170,910$208,890$189,900

PURCHASE PRICE

$1,206$1,474$1,340

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,340
EXPENSES Loan Payment -$701
Property Tax -$278
Property Insurance -$55
Property Management Fees -$107
CASH FLOW
$199

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.

$189,900

PROJECTED PRICE

$1,340

PROJECTED RENT

0.71%

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

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k

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$56,074

INVESTMENT

$56,074

Down Payment
$47,475
Rehab Estimate
$5,750
Closing Costs
$2,849

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$701

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $47,475
Loan Amount $142,425
See What Happens When You Reinvest Cash Flow

9.25

YEARS SAVED

$28,714

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,340

    LIST RENT
  • $0.89

    LIST RENT PER SQFT
  • $1,267

    COMP ESTIMATED VALUE
  • $0.84

    COMP AVG. RENT PER SQFT
Comps Range
$1,199
1$1,1992$1,3403$1,350
$1,350
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 517 Havenhurst Drive Taylors, SC 2
    • 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,508 Sqft ∙ Built 1978
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,340
    • $0.89
    •  
  • 31 Pinehurst Street Taylors, SC 1
    • 3 beds 2 baths ∙ 1,435 Sqft ∙ Built 3 beds 2 baths ∙ 1,435 Sqft ∙ Built
    property image
    LEASED 02/14/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,199
    • $0.84
    •  
  • 1 Greenview Drive Greenville, SC 3
    • 3 beds 2 baths ∙ 1,610 Sqft ∙ Built 3 beds 2 baths ∙ 1,610 Sqft ∙ Built
    property image
    LEASED 02/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.84
    •  
PROPERTY LISTING DETAILS
Mary Sloka
1.864.901.3371
Exp Realty Llc
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1433900
Last Updated: 12/20/2020
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