1045 Mineral Creek Ct

Lexington, SC 29073
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3 bd, 2 ba | 1,732 sqft | Built in 1999

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List Price
$165,000

Initial Investment

$45,386

Purchase Price

$147,000

Down Payment

25%

Rent

$1,395

Total Return

$65,758

Annualized Return

21.1%

Cap Rate

7.5%

Gross Yield

11.4%

Cash Flow

$2,366

Appreciation

7.0%
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Features

Occupancy

Occupied

Lease Start

11/01/2018

Lease End

10/31/2020

Lot Size

11,326

HOA

None

Flood Risk

Not Required

  • Seller to offer $5,000 credit in closing towards repairs
  • 4.5-star neighborhood near highly-rated schools
  • Easy access to Columbia Metropolitan Airport (6 mi)
  • 3-bed, 2-bath single-family home

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Annual Financial Highlights

Expected Rent

$15,903

Expenses

-$3,945

Property Taxes

-$1,600

Loan Payments

-$7,992

Net Cash Flow

$2,366

See more in Financials

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