8927 High Cotton Ct

Charleston, SC 29406
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4 bd, 2 ba | 1,849 sqft | Built in 2007

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For Sale

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List Price
$349,990

Initial Investment

$95,372
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$349,990

Down Payment

25%

Rent

$2,025

Total Return

$124,726

Annualized Return

17.1%

Cap Rate

4.0%

Gross Yield

6.9%

Cash Flow

-$5,430

Appreciation

7.6%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

9,147

HOA

None
Excellent house in a great location on a quiet cul-de-sac with no HOA. Built in 2007, this 1850 SF house has 3 bedrooms and 2 full baths downstairs, PLUS a bonus fourth bedroom/office/media room upstairs over the garage. As you enter the home you will see an open floorplan with vaulted ceilings in the bright and open den, flowing into the eat-in kitchen. The kitchen has cherry cabinets, granite counters, stainless steel appliances that all convey, and access to the laundry room and the two-car garage. The floorplan is very desirable with the huge master suite on the back of the home, and two additional bedrooms on the front, and then the fourth bedroom upstairs over the garage. The master bedroom has a trey ceiling and room for a sitting area. The master bath has a stand-up shower andseparate soaking tub. The HVAC was replaced in 2019. The backyard is fenced in with privacy behind it. Termite bond in place. All appliances convey. Come see this deal today!

See more in Analysis
Joe Porter
Auben Realty, LLC
SC Agent License #70601

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Annual Financial Highlights

Expected Rent

$23,085

Expenses

-$5,168

Property Taxes

-$4,320

Loan Payments

-$19,027

Net Cash Flow

-$5,430

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

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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:Joe Porter
Agent License 70601
Auben Realty, LLC
Certified Agent Brokerage:Joe Porter
Auben Realty, LLC
SC Brokerage License 19231
SourceCHS Regional MLS
MLS #22029316
Last Updated: 11/21/2022 21:11
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