309 Louisa Ln
Lexington, SC 29073
List Price
$158,000
Initial Investment
$47,463Purchase Price
$165,000
Down Payment
25%
Rent
$1,400
Total Return
$58,863
Annualized Return
17.2%
Cap Rate
5.3%
Gross Yield
10.2%
Cash Flow
-$815
Appreciation
7.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lot Size
6,970
HOA
None
Flood Risk
Not Required
Everything about this home is welcoming. Rock on, as you greet your guests from the front porch. Toast your good fortune on the deck overlooking your generous, fenced in backyard. Enjoy good times in the open concept dining and living floorpan with fireplace waiting for you in Regency Park, just 20 minutes to Downtown Columbia! This single story home is just shy of 1,300 sf and has three bedrooms and two full baths. Primary bedroom boasts en suite bathroom with garden tub and separate shower, plus a large walk-in closet. With just a few updates, this could easily become the home of your dreams. Home even comes equipped with Sun Run solar panels (buyer nust transfer solar contract with purchase via Sun Run). Sold AS-IS.
See more in Analysis
Matt Crawford
The Montgomery Company LLC
SC Agent License #106717
Annual Financial Highlights
Expected Rent
$15,960Expenses
-$3,777Property Taxes
-$4,027Loan Payments
-$8,970Net Cash Flow
-$815See 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:Elizabeth Pepper
Coldwell Banker Realty
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Certified Agent Brokerage:Matt Crawford
The Montgomery Company LLC
SC Brokerage License 21044
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SC Brokerage License 21044
SourceConsolidated MLS (CMLS)
MLS #523920
Last Updated: 09/09/2021 02:09
MLS #523920
Last Updated: 09/09/2021 02:09