1849 Koulter Dr

Columbia, SC 29210
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3 bd, 2 ba | 1,646 sqft | Built in 1972

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List Price
$120,000

Initial Investment

$33,278

Purchase Price

$119,000

Down Payment

25%

Rent

$1,150

Total Return

$46,599

Annualized Return

19.4%

Cap Rate

6.1%

Gross Yield

11.6%

Cash Flow

$170

Appreciation

6.9%
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Features

Occupancy

Occupied

Lease Start

06/01/2020

Lease End

05/31/2021

Lot Size

16,800

HOA

None

Flood Risk

Not Required

  • Attractive 3 bed 2 bath with covered front porch
  • Attached 2-car garage
  • Low turn cost
  • Inspection Contingency due to leaf debris on roof
  • Quiet, residential neighborhood near Broad River

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Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$3,271

Property Taxes

-$3,200

Loan Payments

-$6,469

Net Cash Flow

$170

See more in Financials

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