113 Mill Haven Ln

Lexington, SC 29072
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5 bd, 3 ba | 2,849 sqft | Built in 2006

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List Price
$385,000

Initial Investment

$104,913

Purchase Price

$385,000

Down Payment

25%

Rent

$2,600

Total Return

$148,728

Annualized Return

19.3%

Cap Rate

5.6%

Gross Yield

8.1%

Cash Flow

-$667

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,583

HOA

$50/mo

Flood Risk

Not Required

Beautiful Two-Story Home in The Mill Subdivision. This stunning two-story brick and vinyl home features 5 spacious bedrooms and 2.5 bathrooms. The primary bedroom, located on the main level, boasts all-new carpet and fresh paint. Its en-suite bathroom offers a luxurious walk-in shower, a relaxing garden tub, a separate water closet, and ample space for comfort. Hardwood floors run throughout the main common areas, including the formal dining room adorned with elegant wainscoting. The living room features a wall of windows overlooking the private wooded backyard and is enhanced by a cozy gas log fireplace and an open ceiling to the second floor. The eat-in kitchen is perfect for both casual and formal meals, offering a large walk-in pantry, an island, a brand-new range, dishwasher, and microwave. A new Nest thermostat provides modern comfort and efficiency throughout the home. New carpet extends to the upstairs common areas and living room, adding warmth and style. Step outside to enjoy the amazing covered back porch and expansive patio, ideal for entertaining or relaxing. The fully fenced backyard includes extra cement parking space and room for a golf cart. The home also features a large laundry room and a two-car garage for added convenience. Located in the desirable neighborhood of The Mill, this home is just steps away from fantastic community amenities, including a clubhouse, pool, and playground - perfect for families and social gatherings. This property is truly a must-see

See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566

Annual Financial Highlights

Expected Rent

$29,640

Expenses

-$5,876

Property Taxes

-$3,500

Loan Payments

-$20,931

Net Cash Flow

-$667

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:Hope Derrick
Agent License 985446
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Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceAiken MLS
MLS #214714
Last Updated: 11/22/2024 23:11
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