148 Somerset Ave

Norway, SC 29113
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4 bd, 2 ba | 2,215 sqft | Built in 1948

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List Price
$158,900

Initial Investment

$43,300

Purchase Price

$158,900

Down Payment

25%

Rent

$2,300

Total Return

$99,622

Annualized Return

34.9%

Cap Rate

12.2%

Gross Yield

17.4%

Cash Flow

$9,720

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

2,613

HOA

None

Flood Risk

Not Required


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

Annual Financial Highlights

Expected Rent

$26,220

Expenses

-$6,862

Property Taxes

-$1,000

Loan Payments

-$8,639

Net Cash Flow

$9,720

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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Certified Agent Brokerage:Chris deTreville
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GA Brokerage License H-67288
SourceCHS Regional MLS
MLS #24008798
Last Updated: 04/09/2024 19:04
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