650 Patch Dr
Spartanburg, SC 29302
List Price
$165,000
Initial Investment
$44,963Purchase Price
$165,000
Down Payment
25%
Rent
$1,460
Total Return
$93,011
Annualized Return
26.2%
Cap Rate
6.7%
Gross Yield
10.6%
Cash Flow
$1,442
Appreciation
8.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
18,020
HOA
None
Flood Risk
Not Required
Perfect opportunity for investors, fixer uppers or first time homebuyers! This 3 bedroom, 1.5 bath situated on .41 acre has had many recent updates including, a new fence, HVAC, and roof. A French Drain in the back yard and gutters have also been installed. No HOA! Convenient to Croft State Park and minutes away from shopping and dining. This home will be sold as-is, cash or conventional loan only.
See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566
Annual Financial Highlights
Expected Rent
$16,644Expenses
-$3,232Property Taxes
-$3,000Loan Payments
-$8,970Net Cash Flow
$1,442See 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 #1533261
Last Updated: 07/26/2024 18:07
MLS #1533261
Last Updated: 07/26/2024 18:07