643 Crystal Springs Dr

Lexington, SC 29073
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3 bd, 2 ba | 952 sqft | Built in 2024

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List Price
$92,900

Initial Investment

$25,315

Purchase Price

$92,900

Down Payment

25%

Rent

$1,450

Total Return

$70,748

Annualized Return

39.8%

Cap Rate

12.6%

Gross Yield

18.7%

Cash Flow

$6,359

Appreciation

7.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

64,904

HOA

None

Flood Risk

Not Required

Discover the potential in this very unique property, nestled on heavily wooded land with a newly added driveway for privacy and convenience. Originally a mobile home, the home has been stripped to its foundation and rebuilt with stick framing, creating a 3-bedroom, 2-bath layout ready for your personal touch. The property features a new roof and additional supports beneath the foundation protecting it from outside elements. With electrical, plumbing, and finishing work left to complete, this home offers endless possibilities to customize and make it your own. Come take a look!

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

Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$4,220

Property Taxes

-$900

Loan Payments

-$5,051

Net Cash Flow

$6,359

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:Steve Kozlowski
Century 21 Vanguard
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #597454
Last Updated: 11/22/2024 19:11
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.