$2,999,000
Investment Summary
We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.
- Monthly Cash Flow
- -$12,410
- Cap Rate
- 0.7%
- Cash-on-Cash Return
- -21.6%
- Debt Coverage Ratio
- 0.13
- Internal Rate of Return (5 years)
- -16.8%
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 255 Mt Vintage Plantation Drive, an extraordinary 30-acre equestrian retreat nestled within the prestigious Mount Vintage Golf Community. Designed for the discerning buyer who craves privacy, luxury, and purpose-built function, this fully irrigated estate is serviced by two private wells and features a show-stopping custom home, elegant barn, professional riding arena, versatile workshop, and rolling, fenced pastures - all within a gated, park-like setting. THE HOUSE: The main home is a stunning showcase of natural redwood cedar siding with subtle stone accents, blending mountain lodge charm with modern elegance. Spanning over 5,600 square feet, the home includes 5 bedrooms, 4 full baths, and 2 half baths, along with an oversized 3-car garage. Step through the front door into a grand wood-beamed foyer, where a custom wet bar sets the tone for the open, welcoming great room. Towering ceilings, expansive windows, and a dramatic stone fireplace create a space that feels both cozy and cathedral-like. Just off the great room sits a private study, perfect for quiet work or reading, and a formal dining room warmed by its own stone fireplace. The chef's kitchen is built to impress - featuring a gas range, wood-paneled refrigerator, custom cabinetry, and a serving bar that connects seamlessly to the heart of the home. Whether you're entertaining guests or preparing a quiet dinner at home, this kitchen offers style, space, and flow. The main-level owner's suite is a true retreat, adorned with coffered ceilings, custom millwork, a private stone fireplace, and a spa-style ensuite complete with his and hers vanities, a jetted soaking tub, and a walk-in closet with custom built-ins. Upstairs offers a flexible recreation loft open to the great room below, flanked by two guest bedrooms with a shared split bath and a second upstairs owner's suite with tray ceilings, a fireplace, and ensuite bath. Above the garage, a private bedroom suite provides ideal accommodations for teens, in-laws, or guests. And just when you think you've seen it all, the home surprises again - with a theatre room downstairs, perfect for movie nights, sports viewing, or gathering with friends and family in your own private cinema setting. Out back, the expansive stone patio is ideal for hosting, featuring a fully equipped outdoor kitchen, dining area, and a stone firepit, with views of the fenced pastures just below - the perfect backdrop for relaxing evenings or lively entertaining. THE BARN: The estate's 3-stall horse barn is beautifully crafted with both form and function in mind. Each stall is spacious and well-ventilated, with premium materials and thoughtful design. The barn includes: Heated and air-conditioned tack rooms, a dedicated wash stall, a generous loft space for storage or future finishing, and an additional half bath for convenience. Whether you're a casual rider or a serious competitor, this barn supports your equestrian needs with top-quality infrastructure and timeless design. THE ARENA: Located conveniently near the barn, the 90x200 riding arena is a crown jewel of the estate - professionally built and fully irrigated to minimize dust and maintain ideal riding conditions. Featuring: High-performance footing, drain tile system for year-round usability, irrigation system tied into the estate's dual wells. This arena boasts perfect dimensions for practicing dressage, show jumping, western riding, or hosting friendly competitions and clinics. THE WORKSHOP: The property includes a large 40x40 insulated machine barn, ideal for maintaining equipment or pursuing hands-on hobbies. Nearby is a 12x18 finished workshop, perfect for extra storage or workspace. Just adjacent is a 24x30 enclosed storage building, perfect for additional equipment, tools, or recreational vehicles. These buildings provide the flexibility and functionality needed to manage a property of this scale with ease.
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Location
Property Details
Parking
- Details: Garage
- Garage Spaces: 3
- Spaces Total: 3
Bedroom Information
- # of Bedrooms: 5
Bathroom Information
- # of Baths (Full): 5
- # of Baths (Total): 6.0
Interior Features
- # of Stories: 2
- Basement: Yes
- Basement Description: Partial
- Fireplace: Yes
Exterior Features
- Exterior Walls Materials: Brick
- Roof Material: Composition
HOA
- Has HOA: Yes
- HOA Fee: $1,800/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Rural/Agricultural
Lot Information
- Parcel ID: 1220004014000
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Traditional
- Year Built: 2005
Tax Information
- Annual Tax: $0
Utilities
- Water & Sewer: Public
- Heating: Natural Gas
- Cooling: Central Air
Location
- County: Edgefield
Listing Details
Investment Summary
We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.
- Monthly Cash Flow
- -$12,410
- Cap Rate
- 0.7%
- Cash-on-Cash Return
- -21.6%
- Debt Coverage Ratio
- 0.13
- Internal Rate of Return (5 years)
- -16.8%
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:
| $2,999,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$2,399,200 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $599,800 |
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:
| $89,970 |
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:
| $689,770 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 5,638 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $532 |
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:
| $0.50 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $2,399,200 |
|---|---|
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:
| $14,192 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $0 |
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:
| $196 |
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:
| $14,388 |
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:
| $2,800 | $33,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$168 | -$2,016 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $2,632 | $31,584 |
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.
We noticed that property taxes are missing—these are standard expenses and should be considered in your estimate. | n/a | n/a | n/a |
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% | -$196 | -$2,352 |
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% | -$224 | -$2,688 |
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% | -$140 | -$1,680 |
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% | -$140 | -$1,680 |
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. | 5% | -$150 | -$1,800 |
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 | 30% | -$850 | -$10,200 |
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:
| $1,782 | $21,384 |
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. | -$14,192 | -$170,304 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$12,410 | -$148,920 |