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6 Swenson Court Taylors, SC 29687

4 Beds 3 Baths - sqft Built 2006

$274,900

List Price

$1,680

$1.5K - $1.8K

Rent Est.

PROPERTY INFO

December 31, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $118.19
  • 4 Days on Market
  • MLS # : 1434350
  • Updated Date : 12/31/2020 at 20:07
CONSTRUCTION
  • Beds : 4
  • Floor Size : '-'
  • Baths : 2 full , 1 half
Listing Agent

Bhhs C Dan Joyner - Pelham

Listing Agent's Description

Welcome home to Blue Ridge Plantation! This two-story colonial style home sits on a corner lot in a cul-de-sac. Upon arrival, you are greeted by a rocking chair front porch. Once you enter there is a two-story foyer and large open dining room. This home features an open floorplan with a two-story great room with a gas, ventless fireplace which is open to the dining room, kitchen and breakfast area. There is hardwood and tile flooring throughout the main living area. The kitchen is loaded with cabinets, a double door pantry and tile backsplash. A new quiet dishwasher was added in 2018. The first-floor laundry room has additional cabinets for storage. The master bedroom has a trey ceiling and is conveniently located on the main level with a spacious master bath with dual vanity sinks, garden tub, separate shower and large walk-in closet. To complete the main level, there is an oversized screened porch off the kitchen. The fenced backyard is .33 acres. Upstairs are three additional spacious bedrooms and a full bathroom. Each room including the bathrooms are hardwired for cable TV and every room has a ceiling fan. A new roof and 50-gallon hot water heater was installed in 2015. This is an active community with four miles of walking trails, water access to Lake Robinson (just an 8 minute walk from the house), and a pool. Please schedule your appointment today to see this wonderful home!

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
 

$247,410$302,390$274,900

PURCHASE PRICE

$1,512$1,848$1,680

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,680
EXPENSES Loan Payment -$1,014
Property Tax -$409
Property Insurance -$70
Property Management Fees -$134
CASH FLOW
$53

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.

$274,900

PROJECTED PRICE

$1,680

PROJECTED RENT

0.61%

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

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$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$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$78,599

INVESTMENT

$78,599

Down Payment
$68,725
Rehab Estimate
$5,750
Closing Costs
$4,124

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,014

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $68,725
Loan Amount $206,175
See What Happens When You Reinvest Cash Flow

4.83

YEARS SAVED

$16,322

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
  • $0.72

    LIST RENT PER SQFT
  • $1,698

    COMP ESTIMATED VALUE
  • $0.73

    COMP AVG. RENT PER SQFT
Comps Range
$1,650
1$1,6502$1,680
$1,680
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 6 Swenson Court Taylors, SC 2
    • 4 beds 3 baths ∙ 2,326 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,326 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,680
    • $0.72
    •  
  • 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
Kimberly Darling
1.803.394.7382
Bhhs C Dan Joyner - Pelham
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1434350
Last Updated: 12/31/2020
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