126 Pine Creek Court Ext
Greenville, SC 29605
List Price
$129,900
Initial Investment
$35,398Purchase Price
$129,900
Down Payment
25%
Rent
$1,320
Total Return
$73,217
Annualized Return
27.2%
Cap Rate
7.8%
Gross Yield
12.2%
Cash Flow
$2,326
Appreciation
8.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Property Type
Townhouse
Lot Size
727
HOA
None
Flood Risk
Not Required
Attention Investors and First-Time Home Buyers Seeking Affordable Housing Are you in search of an affordable home? This cozy two-bedroom townhome with one and a half baths offers great potential. With a little tender loving care, you can transform it into a wonderful home. Located just 15 minutes from downtown Greenville, South Carolina, and a few minutes away from Interstate 85 in both directions, this property is conveniently situated near shopping centers and recreational spots. For investors, this home meets the 1 percent rule with an average monthly rent of $1457, as reported by Rentometer. If you are a first-time home buyer or tired of renting, owning this home could mean paying less in mortgage than the average rent in the area. Whether you are considering owning instead of renting, or entering the real estate investment market, this opportunity could be the perfect fit for you.
See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566
Annual Financial Highlights
Expected Rent
$15,048Expenses
-$3,310Property Taxes
-$2,350Loan Payments
-$7,062Net Cash Flow
$2,326See 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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SourceGreater Greenville AOR MLS
MLS #1533315
Last Updated: 07/27/2024 12:07
MLS #1533315
Last Updated: 07/27/2024 12:07