Clean Anderson Rental with Potential 19.5% CAP RATE only $27,900 obo
Casa Sold - Anderson SC
215 C St
Anderson, SC 29625
2 Bedroom
1 Bathroom
998 SF
Built in 1942
Link to pics – https://photos.app.goo.gl/1jae58DFHbrH2rWE9
Needs cosmetics: paint, flooring, etc. No central HVAC.
Market Rents: $650-$800/mo
ARV: $50K+
CAP RATE POTENTIAL
$700/mo X 12 = $8,400/yr GOI
$8,400 – 35% (Expenses) = $5,460/yr NET INCOME
$5,460 / $28,000 = 19.5% CAP RATE
Wholesale Price ONLY $27,900 obo
Vacant, contact me for access.
Property Features
- Casa
- 2 bed
- 1 bath
- Built 1942
- Floor Area is 998 square
- Toilet
- Satellite
- Street View
- Transit
- Comparables