148 Flagstone Way

Lexington, SC 29072
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4 bd, 2.5 ba | 3,100 sqft | Built in 2009

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List Price
$399,900

Initial Investment

$108,973

Purchase Price

$399,900

Down Payment

25%

Rent

$2,810

Total Return

$165,781

Annualized Return

20.8%

Cap Rate

6.0%

Gross Yield

8.4%

Cash Flow

$1,472

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,148

HOA

None

Flood Risk

Not Required

For sale is this beautiful home in the highly desired Lexington One School District. Zoned for National Blue Ribbon School Lake Murray Elementary, Beechwood Middle and Lexington High this home has it all. The yard has been remodeled with zoysia sod, irrigation throughout, personalized landscaping and a garden. Upon entering, you will find stunning new flooring throughout the main level, new back porch, updated vanities in all bathrooms, roof 2019, hvac (both units) 2020 and new fence. Call to schedule your appointment to view today.

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

Annual Financial Highlights

Expected Rent

$32,034

Expenses

-$5,222

Property Taxes

-$3,600

Loan Payments

-$21,741

Net Cash Flow

$1,472

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:Enoch Walters
Agent Group Realty
Certified Agent Brokerage:Chris deTreville
Auben Realty, LLC
GA Brokerage License H-67288
SourceConsolidated MLS (CMLS)
MLS #570559
Last Updated: 09/18/2023 21:09
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.