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Updated over 9 years ago on .

User Stats

48
Posts
9
Votes
Kevin Latten
  • Wholesaler
  • Columbia, SC
9
Votes |
48
Posts

15 % Cap Rate Columbia South Carolina

Kevin Latten
  • Wholesaler
  • Columbia, SC
Posted

7602 Hunt Club Rd Columbia, SC 29223 Unit O114 - $750/mo Retail Value $40-$45k

7602 Hunt Club Rd Columbia, SC 29223 Unit N101 - $750/mo Retail Value $40-$45k recently vacant

229 Windsor Point Rd Columbia, SC 29223 Unit 7h - currently vacant ($750/mo when occupied)

Retail Value $40-$45k

513 Wimbledon Ct Columbia, SC 29210 - $730/mo $34,900

Retail Value $35-$40k

$2,880/mo GROSS INCOME

$34,560/yr GROSS INCOME

50% expenses (taxes, HOA, maintenance, vacancy, property mgmt)

$17,280 NET ANNUAL INCOME/.15 = $115,200

This is my personal rental portfolio, I am the owner. I am selling because I am getting married and looking to purchase a new primary residence, I need to liquidate some assets.

Insurance is included in HOA fee.

For questions or info 803-476-7250

Offering