3 Coral Dr

Goose Creek, SC 29445
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4 bd, 2 ba | 1,222 sqft | Built in 1980

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List Price
$199,000

Initial Investment

$54,228

Purchase Price

$199,000

Down Payment

25%

Rent

$1,900

Total Return

$111,682

Annualized Return

26.7%

Cap Rate

7.3%

Gross Yield

11.5%

Cash Flow

$2,854

Appreciation

8.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,454

HOA

None

Flood Risk

Not Required

INVESTOR SPECIAL in the convenient and desirable Harbour Lake neighborhood! 3 Coral Drive is a brick home featuring 4 BEDROOMS & 2 FULL BATHS on a large .24 acre lot! 1-car garage! The roof appears to be NEW. Home will need a new HVAC and full cosmetic update and has been priced accordingly. So much potential here! Very easy to show. Schedule your showing today!

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NEIGHBORHOOD

SCHOOLS

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Joe Porter
Auben Realty, LLC
SC Agent License #70601

Annual Financial Highlights

Expected Rent

$21,660

Expenses

-$4,388

Property Taxes

-$3,600

Loan Payments

-$10,819

Net Cash Flow

$2,854

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Peter Kouten
Agent License 112999
Carolina One Real Estate
Certified Agent Brokerage:Joe Porter
Auben Realty, LLC
SC Brokerage License 19231
SourceCHS Regional MLS
MLS #24029236
Last Updated: 11/21/2024 16:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.