1933 Johnstone St

Newberry, SC 29108
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4 bd, 3 ba | 2,347 sqft | Built in 1950

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List Price
$259,000

Initial Investment

$70,578

Purchase Price

$259,000

Down Payment

25%

Rent

$1,730

Total Return

$90,834

Annualized Return

16.8%

Cap Rate

4.1%

Gross Yield

8.0%

Cash Flow

-$4,169

Appreciation

7.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

This is a TRUE BEAUTY!!!!! If you are looking for the perfect location and unique home...LOOK NO FURTHER! 1933 Johnstone sits on an acre of land in the city of Newberry. Located in the cute little town that features restaurants, shops and all the leisure establishments you are looking for. This all brick home has original hardwood floors, a basement that would be an amazing wine cellar, speak easy, man cave, or whatever your heart desires. A pool is just a bonus you need to create a wonderful outdoor living area. Old world charm exudes from this Victorian. Add a little modern TLC for convenience and you will never want to leave home! A MUST SEE!!!

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

Annual Financial Highlights

Expected Rent

$19,722

Expenses

-$3,511

Property Taxes

-$6,300

Loan Payments

-$14,081

Net Cash Flow

-$4,169

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:Rochelle Hicklin
Todd Realty Partners
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #590062
Last Updated: 07/25/2024 12:07
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.