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PROPERTY INFO
FACTS
- Single Family
- Built In 1967
- Price/Sqft : $113.84
- 28 Days on Market
- MLS # : 1433068
- Updated Date : 01/02/2021 at 15:53
CONSTRUCTION
- Beds : 4
- Floor Size : '-'
- Baths : 1 full , 1 half
Listing Agent
Hometown Real Estate
Listing Agent's Description
Looking for one level, with lots of SPACE? This home could be for you! 7 Jaben Dr, is located minutes from Downtown Greenville, and also minutes to Prisma Health Hospital. Enter in to a well maintained home that boasts hardwood flooring throughout most of the living area, beautiful knotty pine cabinetry, new kitchen countertops, updated full bath, and fresh paint throughout. This home offers 4 bedrooms, along with a large dining room, eat-in kitchen, cozy den with bead boarding ceiling, and rock fireplace, and a huge sunroom that you will certainly enjoy with the entire family during the upcoming holidays, and throughout the new year! Nice level backyard is fenced in for the kids or pets to play, and a large workshop awaits you for extra storage, or that workshop you've always wanted. Make your appointment today to view this one before its gone!
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PRICE & RENT TRENDS
Zip Code: 29611
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 29611
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,230 |
| EXPENSES | Loan Payment | -$734 |
| Property Tax | -$357 | |
| Property Insurance | -$59 | |
| Property Management Fees | -$98 | |
|
CASH FLOW
-$18
|
||
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.
$199,000
PROJECTED PRICE
$1,230
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 3.17% |
| Appreciation Year (1-5) | 7.3% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.48% |
| 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
$58,485
LOAN DETAILS
$734
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $49,750 |
| Loan Amount | $149,250 |
3.17
YEARS SAVED
$6,337
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,230
LIST RENT -
$0.7
LIST RENT PER SQFT
-
$1,259
COMP ESTIMATED VALUE -
$0.72
COMP AVG. RENT PER SQFT
Comps Range
-
7 Jaben Drive Greenville, SC 2
- 4 beds 2 baths ∙ 1,748 Sqft ∙ Built 1967 4 beds 2 baths ∙ 1,748 Sqft ∙ Built 1967
![property image]()
- Rent
- Rent Per SQFT
- $1,230
- $0.70
-
10 Dempsey Street Greenville, SC 1
- 3 beds 1 baths ∙ 1,661 Sqft ∙ Built 3 beds 1 baths ∙ 1,661 Sqft ∙ Built
![property image]()
LEASED 12/14/19- Rent
- Rent Per SQFT
- $1,045
- $0.63
-
112 Aloha Drive Greenville, SC 3
- 4 beds 3 baths ∙ 1,590 Sqft ∙ Built 4 beds 3 baths ∙ 1,590 Sqft ∙ Built
![property image]()
LEASED 05/14/20- Rent
- Rent Per SQFT
- $1,295
- $0.81
PROPERTY LISTING DETAILS
1.864.608.7355
Hometown Real Estate
1.866.250.5610
Homeunion SC LLC
21064
MLS #: 1433068
Last Updated: 01/02/2021
