116 Goodrich St

Columbia, SC 29223
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3 bd, 2 ba | 3,460 sqft | Built in 1983

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List Price
$164,900

Initial Investment

$44,935

Purchase Price

$164,900

Down Payment

25%

Rent

$2,130

Total Return

$73,494

Annualized Return

24.8%

Cap Rate

9.2%

Gross Yield

15.5%

Cash Flow

$5,217

Appreciation

5.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

17,555

HOA

None

Flood Risk

Not Required

Loads of space on this fix-upper! Rare find with this price and square footage. Loads of potential. The second story has a separate entrance for 2 homes in 1. All Brick with great bones. Busy growing area with short drives to everything you could want. Large spacious bedrooms, formal dining and more. This will need cash or renovation loans to qualify. No investors for 30 days.

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

Annual Financial Highlights

Expected Rent

$24,282

Expenses

-$5,901

Property Taxes

-$4,200

Loan Payments

-$8,965

Net Cash Flow

$5,217

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:Chip Jefferson
Gibbs Realty & Auction Co, Inc
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #582895
Last Updated: 04/11/2024 23:04
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