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612 Delsey Court Greer, SC 29651

4 Beds 3 Baths - sqft Built 2019

$262,000

List Price

$1,560

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

January 07, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2019
  • Price/Sqft : $138.62
  • 4 Days on Market
  • MLS # : 1434687
  • Updated Date : 01/07/2021 at 21:38
CONSTRUCTION
  • Beds : 4
  • Floor Size : '-'
  • Baths : 3 full
Listing Agent

Grace Real Estate Llc

Listing Agent's Description

What a great opportunity to own one of the beautiful homes in Katherine's Garden. 4 Bedroom 3 bath home (1 of the bedrooms can also be used as a bonus room) This immaculate ranch home has 3 bedrooms and 2 baths on the main level and another bedroom or bonus room with full bath upstairs. You will enjoy the natural light with this floorplan. The home features a split floorplan with an open concept in the main living area. Luxury Vinyl Plank throughout the main living area, hall bath and upstairs bath, carpet in the bedrooms and tile in the master bathroom. The owners have taken much pride in this home and have added a beautiful privacy fence for you to enjoy as well as under cabinet lighting in the kitchen. Beautiful white cabinets, granite counter tops and white subway tile backsplash gives the kitchen a warm and welcoming feel to the home. Enjoy cooking on the upgraded stainless steel appliances - gas stove. The owners installed a security system with CPI - alarms on all windows, break glass alarm on sliding door, motion sensors in the home. The system will convey with the home, the new owners will just need to contact CPI to set up the system. Prices may vary on your package choice. Great location to downtown Greer or Greenville. Close proximity to retail shopping, grocery shopping, fitness centers, city parks and so much more. Schedule your appointment today!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 29651

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $79k217k

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

Zip Code: 29651

ZipNIR Market*CityMarket2010Year20002019 Q2950100010501100115012001250130013501400145015001550Rent in $9171558

* 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.
 

$235,800$288,200$262,000

PURCHASE PRICE

$1,404$1,716$1,560

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,560
EXPENSES Loan Payment -$910
Property Tax -$431
Property Insurance -$62
Property Management Fees -$125
CASH FLOW
$33

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.

$262,000

PROJECTED PRICE

$1,560

PROJECTED RENT

0.60%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.16%
Appreciation Year (1-5) 4.1%
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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$75,180

INVESTMENT

$75,180

Down Payment
$65,500
Rehab Estimate
$5,750
Closing Costs
$3,930

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$910

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $65,500
Loan Amount $196,500
See What Happens When You Reinvest Cash Flow

4.17

YEARS SAVED

$10,814

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,560

    LIST RENT
  • $0.83

    LIST RENT PER SQFT
  • $1,518

    COMP ESTIMATED VALUE
  • $0.8

    COMP AVG. RENT PER SQFT
Comps Range
$1,400
1$1,4002$1,4953$1,5504$1,560
$1,560
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 612 Delsey Court Greer, SC 4
    • 4 beds 3 baths ∙ 1,890 Sqft ∙ Built 2019 4 beds 3 baths ∙ 1,890 Sqft ∙ Built 2019
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,560
    • $0.83
    •  
  • 212 Clay Thorn Court Greer, SC 1
    • 4 beds 2 baths ∙ 1,838 Sqft ∙ Built 4 beds 2 baths ∙ 1,838 Sqft ∙ Built
    property image
    LEASED 05/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,400
    • $0.76
    •  
  • 208 Clay Thorn Court Simpsonville, SC 2
    • 3 beds 2 baths ∙ 1,838 Sqft ∙ Built 3 beds 2 baths ∙ 1,838 Sqft ∙ Built
    property image
    LEASED 11/27/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $0.81
    •  
  • 108 Ashby Cross Court Greer, SC 3
    • 4 beds 3 baths ∙ 1,850 Sqft ∙ Built 4 beds 3 baths ∙ 1,850 Sqft ∙ Built
    property image
    LEASED 10/02/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,550
    • $0.84
    •  
PROPERTY LISTING DETAILS
Paige Burkhalter
1.864.444.6259
Grace Real Estate Llc
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1434687
Last Updated: 01/07/2021
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