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Updated over 8 years ago,
15 % Cap Rate Columbia South Carolina
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