269 Cogburn Rd
Columbia, SC 29229
List Price
$230,000
Initial Investment
$59,133Purchase Price
$217,000
Down Payment
25%
Rent
$1,750
Total Return
$49,205
Annualized Return
11.5%
Cap Rate
3.4%
Gross Yield
9.7%
Cash Flow
-$5,287
Appreciation
6.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Up Guarantee
Yes
Lease Start
-
Lease End
-
Lot Size
8,712
HOA
$250/mo
Flood Risk
Not Required
Investment Opportunity - Tenant in place since June 2021 and continue until June 30,2023, tenant wish to renew the lease after it will expire in June 2023. Current rent is $1,350 monthly through Landmark Property Management. 3 Bedroom / 2 and half bathroom home remains in good shape and condition. Home is located in a desired area, near Lowe's, Kroger, Auto dealers, Restaurant on Killian Road, and I-77.
See more in Analysis
Chris deTreville
Auben Realty, LLC
GA Agent License #64566
Annual Financial Highlights
Expected Rent
$19,950Expenses
-$7,644Property Taxes
-$5,796Loan Payments
-$11,797Net Cash Flow
-$5,287See 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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SourceConsolidated MLS (CMLS)
MLS #549983
Last Updated: 09/23/2022 15:09
MLS #549983
Last Updated: 09/23/2022 15:09