7725 Ovaldale Dr

North Charleston, SC 29418
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3 bd, 2 ba | 1,219 sqft | Built in 1973

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List Price
$220,000

Initial Investment

$59,950

Purchase Price

$220,000

Down Payment

25%

Rent

$1,910

Total Return

$100,960

Annualized Return

23.6%

Cap Rate

7.5%

Gross Yield

10.4%

Cash Flow

$3,629

Appreciation

6.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,712

HOA

None
Equal Housing Opportunity close to Charleston AFB Come take a look at this 3 bedrrom 2 bath brick ranch. Nice fenced backyard with screened porch. Property is owned by the US Dept of HUD. Case #461-804230 FHA insured with escrow and is subject to buyer's appraisal. Seller makes no representations or warranties as to property condition. HUD homes sold AS-IS. Pre1978 properties to include LBP notices. Seller may contributeup to 3% for buyer's closing costs on line 5 of sales contract.

See more in Analysis
Joe Porter
Auben Realty, LLC
SC Agent License #70601

Annual Financial Highlights

Expected Rent

$21,774

Expenses

-$4,185

Property Taxes

-$2,000

Loan Payments

-$11,960

Net Cash Flow

$3,629

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:Eric Ludwigsen
Agent License 87360
Gibbs Realty & Auction Co, Inc
Certified Agent Brokerage:Joe Porter
Auben Realty, LLC
SC Brokerage License 19231
SourceCHS Regional MLS
MLS #24019025
Last Updated: 07/26/2024 04:07
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