118 Burma Rd

Lexington, SC 29072
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3 bd, 2 ba | 1,233 sqft | Built in 1996

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List Price
$219,900

$5K

Initial Investment

$59,923

Purchase Price

$219,900

Down Payment

25%

Rent

$1,720

Total Return

$93,325

Annualized Return

21.3%

Cap Rate

6.3%

Gross Yield

9.4%

Cash Flow

$1,217

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,276

HOA

None

Flood Risk

Not Required

Newly renovated one story, 3 bed 2 bath home located in Lexington. New appliances, new quartz counter tops, new luxury vinyl plank floors and fresh paint. Large spacious great room with vaulted ceilings. Conveniently located close to schools, shopping and interstates.

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

Annual Financial Highlights

Expected Rent

$19,608

Expenses

-$4,186

Property Taxes

-$2,250

Loan Payments

-$11,955

Net Cash Flow

$1,217

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:Chris Dooley
NextHome Specialists
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #582880
Last Updated: 04/30/2024 18:04
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