Richland County (Sotuh Carolina) Property Tax

[Jarrid Weber]

Good Morning BP,

Looking to purchase my first out of state investment, but many articles I have read thus far indicate non owner occupied rentals in Richland Count (South Carolina) are taxed at 6%.  In evaluating the numbers on a property I am interested in, the purchase price is $74,500 which puts annual property taxes at $4,470 (6% of purchase price).

This eliminates all the cash flow.

Is 6% the correct assessment?

Any help on this topic would be appreciated.