1245 Tanreall Dr

Lexington, SC 29073
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4 bd, 4 ba | 2,771 sqft | Built in 2021

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List Price
$345,200

Initial Investment

$94,067

Purchase Price

$345,200

Down Payment

25%

Rent

$2,360

Total Return

$142,768

Annualized Return

20.7%

Cap Rate

5.8%

Gross Yield

8.2%

Cash Flow

$1,005

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

None

Flood Risk

Not Required

Located in Lexington's Bluefield neighborhood, Welcome to 1245 Tanreall Drive. This 4 bedroom, 2.5 bath home was built in 2022. The front porch is welcoming and upon entering you will notice the molding upgrades that the seller has made. This home is unique because it has both an office and a separate dining area on the main level. The kitchen features white cabinets, a pantry, island with countertop bar seating and a gas range. The kitchen is an open concept to the family room making it a perfect layout for entertaining. There is also a half bath conveniently located on the main level. Upstairs, you will find the loft perfect for a second living room or kids play area. The primary bedroom is spacious with a huge walk-in closet and private bath with dual vanities, soaker tub and separate shower. Bedrooms 2, 3, and 4 share the full hall bath. Outside, the patio area provides a perfect spot for grilling and the backyard is fully fenced. Located close to 1-20 and downtown Lexington, the neighborhood has a community pool, cabana, lazy river and dog park. Zoned for Lexington one schools including Carolina Springs Elementary/ Middle and White Knoll High School.

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

Annual Financial Highlights

Expected Rent

$26,904

Expenses

-$3,982

Property Taxes

-$3,150

Loan Payments

-$18,767

Net Cash Flow

$1,005

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:Chasity Hall
Real Broker LLC
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #597831
Last Updated: 12/02/2024 18:12
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