5600 Holmes Ave

Columbia, SC 29203
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3 bd, 1 ba | 1,200 sqft | Built in 1945

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List Price
$89,000

Initial Investment

$24,253

Purchase Price

$89,000

Down Payment

25%

Rent

$1,300

Total Return

$43,136

Annualized Return

27.2%

Cap Rate

10.4%

Gross Yield

17.5%

Cash Flow

$3,533

Appreciation

4.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,418

HOA

None

Flood Risk

Not Required

Great old house on a large corner lot ready to be renovated and updated and brought into the 21st century. Lots of old hardwood, roof only a couple years old, metal siding is in great shape. The house is a solid platform to have a great house one day.

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

Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$4,198

Property Taxes

-$2,250

Loan Payments

-$4,839

Net Cash Flow

$3,533

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:Christopher Bunge
Coldwell Banker Realty
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #590239
Last Updated: 07/27/2024 11:07
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.