$1,350,000
Investment Summary
- Monthly Cash Flow
- -$4,547
- Cap Rate
- 1.6%
- Cash-on-Cash Return
- -17.6%
- Debt Coverage Ratio
- 0.29
- Internal Rate of Return (5 years)
- -13.0%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Welcome to this exceptional estate, featuring a magnificent luxury home privately nestled on 77.5 acres of pristine land. Built in 2021 with meticulous craftsmanship, this custom residence showcases an exquisite blend of elegance and functionality. Spanning 3,076 square feet, this four-bedroom, three-and-a-half-bathroom retreat offers an open-concept design that seamlessly integrates sophistication with comfort. A winding gravel drive leads you through the natural beauty of the surroundings, arriving at the inviting farmhouse-style porch. Upon entry, the foyer welcomes you with gleaming hardwood floors and soaring 13-foot ceilings, accentuated by striking interior brick columns and an ornate chandelier. The gourmet kitchen is a culinary masterpiece, featuring floor-to-ceiling custom soft-close cabinetry, granite countertops, an expansive granite island, and high-end appliances, including a THOR dishwasher, ZLINE six-burner commercial dual-fuel range with a built-in pot filler, and an LG THINQ four-door French door refrigerator. A hidden pantry with floor-to-ceiling custom pullouts and a grand picture window above the oversized sink further enhance the space. Entertain effortlessly with island seating or host gatherings in the impressive dining area, illuminated by stylish pendant lighting. Floor-to-ceiling glass doors in the dining and living areas allow natural light to cascade throughout the space, creating an inviting ambiance. Relax in front of the classic granite fireplace, framed by custom built-in shelving. A dedicated office, currently used as a sewing room, provides a perfect workspace for those who work from home. The Owner's Suite offers an unparalleled retreat, featuring vaulted ceilings, large windows, and private access to the screened porch. The en-suite bathroom boasts double vanities, a luxurious soaking tub, and an immaculate 11' x 4' spa-style tiled shower, leading to a spacious walk-in closet. Additional bedrooms are generously sized, each equipped with walk-in showers and ample closet space. Designed for both luxury and convenience, this property includes custom moldings, extensive storage, upgraded fixtures and lighting, a digitally controlled on-demand hot water heater, three thermostatically zoned gas heat controllers, a security system, and a whole-house generator. The well-appointed laundry room offers abundant cabinetry and a large utility sink. A rear staircase leads to an unfinished upstairs space, ideal for conversion into a home theater or additional storage. The exterior boasts an oversized two-car garage with a concrete parking pad, a 32' x 80' wired metal building with a commercial door, a duck pen and small pond, multiple chicken coops, an oversized greenhouse, and a storage building. Additional amenities include an exterior clothesline, two septic systems, a well for greenhouse, county water for the home, and underground electrical service. Every aspect of this estate epitomizes the best of Southern living. Whether seeking a tranquil retreat, a thriving agricultural endeavor, or an equestrian estate, the possibilities are endless. This remarkable property also presents a unique opportunity for ventures such as a bed and breakfast or a wedding venue site. Schedule your private showing today to experience the grandeur firsthand!
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Location
Property Details
Parking
- Description: Additional Parking, Security, Off Street, On Site, Lighted, Gravel, Concrete
- Details: Attached, Detached, Additional Parking, Gravel, Concrete, Garage Door Opener, Unpaved, Lighted, Off Street, On Site
- Garage Spaces: 0
- Spaces Total: 6
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 3
- # of Baths (Partial): 1
- # of Baths (Total): 4.0
Interior Features
- # of Rooms: 8
- # of Stories: 1
- Basement Description: Crawl Space
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Siding (Alum/Vinyl)
- Foundation: Brick/Mortar, Permanent, Raised
- Roof Type: Gable or Hip
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 5672561765
- Lot Size: 3375900 sqft
Property Information
- Property Type: Single Family Residence
- Year Built: 2020
Tax Information
- Annual Tax: $3,563
Utilities
- Water & Sewer: Public, Well
- Heating: Heat Pump, Fireplace Insert, Fireplace(s), Electric, Forced Air, Propane, Zoned
- Cooling: Ceiling Fan(s), Central Air, Zoned
Location
- County: Beaufort
Listing Details
Investment Summary
- Monthly Cash Flow
- -$4,547
- Cap Rate
- 1.6%
- Cash-on-Cash Return
- -17.6%
- Debt Coverage Ratio
- 0.29
- Internal Rate of Return (5 years)
- -13.0%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $1,350,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,080,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $270,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $40,500 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $310,500 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 3,076 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $439 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $1.01 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,080,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 5.875% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $6,389 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $297 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $217 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $6,903 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $3,100 | $37,200 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$186 | -$2,232 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $2,914 | $34,968 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 10% | -$297 | -$3,563 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$217 | -$2,604 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$248 | -$2,976 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$155 | -$1,860 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$155 | -$1,860 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | n/a | n/a | n/a |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 35% | -$1,072 | -$12,863 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $1,842 | $22,104 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$6,389 | -$76,668 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $4,547 | $54,564 |