203 Cuyahago Ct
Lexington, SC 29073
List Price
$199,900
Initial Investment
$54,473Purchase Price
$199,900
Down Payment
25%
Rent
$1,940
Total Return
$87,432
Annualized Return
21.9%
Cap Rate
6.5%
Gross Yield
11.6%
Cash Flow
$1,478
Appreciation
7.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Calling all investors and flippers! Awesome opportunity to return this previous model home to its former glory. Estimated ARV $270k. This distressed property will be available for showings ONLY ON April 20th and 21st, with highest and best offers due by 10am on Monday, April 22nd. Property is expected to be vacant in early May. Please watch the video tour to understand the circumstances. Home's condition will not qualify for FHA or VA financing. HVAC not working properly. Hold harmless waiver must be signed prior to being allowed to view the property in person. Listing agents will be on site during the open house to answer any questions you have.
See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566
Annual Financial Highlights
Expected Rent
$22,116Expenses
-$4,190Property Taxes
-$5,580Loan Payments
-$10,868Net Cash Flow
$1,478See 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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SourceConsolidated MLS (CMLS)
MLS #583052
Last Updated: 04/24/2024 15:04
MLS #583052
Last Updated: 04/24/2024 15:04