Help me analyze this deal: 1587 Main St, Wellford SC 29385

[Eliana Posada]

Dear BP members. 

I would like to receive your comments about the analysis I did for this property. But, before jumping into the analysis sheet, I would like to share some thoughts about the area to know if you have similar or different thoughts. 

1. It seems to me that the area is one of factories and industrial shopping centers; which makes me think that many people work in the area and need a place to live, which may be good for a rental.  

2. It worries me the railroad in front of the house

3. The monthly rental value by Zillow is $1311 a month; however I calculated a gross monthly estimate based on the three units that can be rented: 2 units 1bd 1ba and 1 unit 3 bd and 1 ba (according to the photographs)

https://www.rentometer.com/ana... 

https://www.rentometer.com/ana...

I appreciate any comments you would like to share about this property. 

Thank you! 

Happy sunday! :-)

View report

*This link comes directly from our calculators, based on information input by the member who posted.