206 Sullivan St

Greenwood, SC 29649
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3 bd, 1 ba | 975 sqft | Built in 1966

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List Price
$105,000

Initial Investment

$31,557

Purchase Price

$115,000

Down Payment

25%

Rent

$925

Total Return

$45,232

Annualized Return

20.3%

Cap Rate

6.7%

Gross Yield

9.7%

Cash Flow

$924

Appreciation

6.3%
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Features
Roofstock Certified

Occupancy

Occupied

Lease Start

12/01/2021

Lease End

12/01/2022

Lot Size

9,836

HOA

None

Flood Risk

Not Required

  • Seller recently made repairs on home, view inspections documents for more information
  • Leased through 12/1/2022
  • Professionally managed by Turner Properties
  • Attractive cash flow
  • 3 bedroom / 1 bath home
  • Located minutes from shopping center, parks, schools and restaurants

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$10,545

Expenses

-$2,469

Property Taxes

-$900

Loan Payments

-$6,252

Net Cash Flow

$924

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