40 Elmwood Pl

Goose Creek, SC 29445
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3 bd, 2 ba | 1,015 sqft | Built in 1978

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List Price
$280,000

Initial Investment

$76,300

Purchase Price

$280,000

Down Payment

25%

Rent

$1,690

Total Return

$112,275

Annualized Return

18.6%

Cap Rate

4.1%

Gross Yield

7.2%

Cash Flow

-$4,436

Appreciation

8.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,227

HOA

None

Flood Risk

Not Required

40 Elmwood Place is a 3 bedroom, 1.5 bath single-story brick home situated on a nice-sized lot with fenced back yard. The house has an open flow between living, dining and kitchen. The primary bedroom has an ensuite half-bath, while the second and third bedrooms have access to the hall bathroom. There is a small covered porch at the front of the home and a larger covered porch in the back. Seller is leaving multiple sheds for added storage. Recent updates include addition of solid surface LVT flooring throughout common areas, fresh interior paint updates. The appliances are all conveying as well as an alarm/monitoring system.Located on a quiet cul-de-sac street of single-family homes,this central Goose Creek location is close to shopping centers, restaurants and other amenities.
No HOA fees and located in an X Flood zone, which means flood insurance is optional.
Seller wishes to sell as-is.

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

Annual Financial Highlights

Expected Rent

$19,266

Expenses

-$3,429

Property Taxes

-$5,050

Loan Payments

-$15,222

Net Cash Flow

-$4,436

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:Jennifer Lepage
Agent License 48140
AgentOwned Charleston Group
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceCHS Regional MLS
MLS #24008806
Last Updated: 04/09/2024 19:04
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