Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

6 Willow Bend Drive Taylors, SC 29687

4 Beds 2 Baths - sqft Built 1999

$199,499

List Price

$1,370

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 19, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $127.56
  • 2 Days on Market
  • MLS # : 1433895
  • Updated Date : 12/19/2020 at 23:03
CONSTRUCTION
  • Beds : 4
  • Floor Size : '-'
  • Baths : 2 full
Listing Agent

Impact Realty Group

Listing Agent's Description

Welcome home! This charming one-level home is located in the quiet neighborhood of Willow Trace. With 4 Bedrooms and 2 Full Baths, this home has so much to offer! You will love the open floor plan and the UPDATED kitchen that features granite countertops, beautiful backsplash, soft close cabinets/drawers, 2 pantries and ceramic tile flooring. Enjoy entertaining in the Great Room that has an open concept and natural lighting. On one side of the home you will find 2 bedrooms, including the spacious Master Suite that has a full bath and walk-in closet.. On the other side of the home, you will find two more bedrooms, a full bath and closet-style laundry. This home has been meticulously maintained and is ready for you to move in! Don't miss your opportunity to make this home yours 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
Brook Glenn Elementary School Primary Regular 449 30 8
Northwood Middle School Middle Regular 853 50 8
Riverside High School High Regular 1,646 82 7

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

Riverside High School

  • Education Level: High
  • # of students: 1,646
  • # of teachers: 82
7
GreatSchools Rating
 

$179,549$219,449$199,499

PURCHASE PRICE

$1,233$1,507$1,370

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,370
EXPENSES Loan Payment -$736
Property Tax -$292
Property Insurance -$56
Property Management Fees -$110
CASH FLOW
$176

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.

$199,499

PROJECTED PRICE

$1,370

PROJECTED RENT

0.69%

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$58,617

INVESTMENT

$58,617

Down Payment
$49,875
Rehab Estimate
$5,750
Closing Costs
$2,992

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$736

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $49,875
Loan Amount $149,624
See What Happens When You Reinvest Cash Flow

8.33

YEARS SAVED

$26,177

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,370

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,370
1$1,370
$1,370
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 6 Willow Bend Drive Taylors, SC
    • 4 beds 2 baths ∙ 1,564 Sqft ∙ Built 1999 4 beds 2 baths ∙ 1,564 Sqft ∙ Built 1999
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,370
    • $0.88
    •  
PROPERTY LISTING DETAILS
Sarah Hagen
1.803.720.1272
Impact Realty Group
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1433895
Last Updated: 12/19/2020
BESbswy