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1378 Tanreall Dr
D Composite 42.15
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +10.8/15.0
  • Cash flow +9.7/30.0
  • Appreciation +5.0/10.0
  • Schools +4.2/10.0
  • DSCR +2.8/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • 1% rule +2.2/10.0

$265,000

1378 Tanreall Dr · White Knoll, SC 29073-7154
3 bd · 2.5 ba · 1,661 sqft · SingleFamily public records · 111 Days on market
Built 2021 6,534 sqft lot Est $286k · 7% under $42/mo HOA · 2% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This beautiful, open concept Dawson floor plan by Mungo Homes features 3BR, 2.5BA. The kitchen offers white cabinets, light colored granite counter tops, stainless appliances including gas range, refrigerator, and corner pantry. Luxury woodgrain flooring throughout offers easy maintenance. The laundry room is conveniently located on the second floor along with all bedrooms. The master bedroom has a large walk-in closet, private bath with separate shower and garden tub, and dual vanity. Backyard with patio overlooking spacious fenced yard with natural buffer. Items/furniture in home may be available for purchase or included with full price offer.

Key facts

  • Ample counter space
  • Community pool
  • Open layout

Tags

COMMUNITY POOLPLAYGROUNDMODERN FINISHESOPEN LAYOUTCONTEMPORARY CABINETRYAMPLE COUNTER SPACE

Property features AI

Finance

  • Other: Cable TV available; Community pool; Sidewalks within the community
  • HOA & community: Homeowners association (association provides common area maintenance); Community amenities include pool, playground, sidewalks, and street light maintenance

Exterior

  • Parking: Attached garage with 1 garage space (main level)
  • Security: Owned security system
  • Utilities: Public water; Public sewer
  • Home design: Two-story property; Vinyl exterior
  • Construction: Slab foundation
  • Exterior features: Patio; Sprinkler system; Rear wood privacy fence

Interior

  • Kitchen: Granite countertops; Pantry; Recessed lighting; Luxury vinyl plank floors; Dishwasher; Garbage disposal; Refrigerator; Over-the-range microwave
  • Bedrooms: Master bedroom on second floor with double vanity, garden tub, separate shower, walk-in closet, and carpeted floors; Additional bedrooms located on second floor
  • Flooring: Carpet in bedrooms; Luxury vinyl plank in living areas and kitchen
  • Bathrooms: Two full bathrooms; One half bathroom; Second full bathrooms listed (total full baths reported as 2)
  • Heating & cooling: Central heating and cooling; Heat pump on first level; Heat pump on second level
  • Interior features: Attic storage with pull-down access; Ceiling fan; Garage door opener; Owned security system; Smoke detector; Gas range
  • Laundry & utility: Tankless hot water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath single-family listed at $265k.

Deal economics

  • At list price, monthly cash flow is $-173 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $235k (11.5% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (27.9% below list).
  • Recommended offer: $191k (27.9% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
  • Lexington 01 (suburban): math 42% / reading 53% proficiency, ranked #11 of 80 in SC (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Carolina Springs Elementary (math 34% / reading 34%, grade F, #359 of 597 statewide, top 60%, 850 students, 41% FRL); White Knoll High (math 47% / reading 85%, grade B, #81 of 196 statewide, top 42%, 2,204 students, 45% FRL).
  • Market conditions: 1 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 1,712 units permitted in Lexington County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $10k of equity ($2k loan paydown + $8k appreciation (3.0% local appreciation)).
  • Lexington County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 111 days — a 9% lower offer ($241k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 5y ago; this cycle's ask has dropped $25k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $191,083 (27.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 111 days. Have you received any prior offers? Is the seller open to a 28% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.72%
Cap rate
5.51%
Cash-on-cash
-2.79%
DSCR
0.88
GRM
11.6

CMA / ARV

ARV (on-the-fly)
$285,692
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
460 Walking Ln 0.75mi 3/2.5 1,527 (-8%) 22mo $262,000 $172 33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
4.9%
Equity multiple
1.28×
Total profit
$20,873
Equity at exit
$119,155
10-year hold
IRR
8.0%
Equity multiple
2.21×
Total profit
$89,658
Equity at exit
$183,633

Cash invested: $74,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State South Carolina
90 Strongly Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
5-day notice; preempted; landlord-favorable.

ZIP-level market 29073-7154

Active inventory
1
Price-to-rent
11.6×

Monthly cashflow live

Estimated rent
$1,911 high interval (Pro) →
Mortgage (P&I)
$1,390
Tax from tax record
$140 /mo · $1,680/yr
Insurance
$110
HOA
$42
Vacancy / Maint / Mgmt
$401
Net cashflow
$-173

Break-even live

Break-even rent $2,129
Max offer price $234,524
Occupancy floor

Sensitivity live

Price -10% $-23 -5% $-98 +0% $-173 +5% $-248 +10% $-323
Rent -10% $-323 -5% $-248 +0% $-173 +5% $-97 +10% $-22
Rate -1.0pp $-39 -0.5pp $-105 base $-173 +0.5pp $-241 +1.0pp $-311

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$66,250
Closing costs
$7,950
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
307 Savannah Hills Dr Lexington, SC 3.0 2.5 1612 $1,985 $1.23 24d 1 0.56mi
2237 Trakand Dr Lexington, SC 3.0 2.5 1962 $1,975 $1.01 3d 1 0.59mi
473 Walking Ln Lexington, SC 3.0 2.5 1835 $2,100 $1.14 24d 1 0.71mi
432 Cape Jasmine Way Lexington, SC 4.0 2.5 1600 $2,049 $1.28 3d 1 0.89mi
123 Brevard Pkwy Lexington, SC 1.0–3.0 1.0–2.0 1097 $1,275 $1.16 3d 1 1.32mi
600 Fern Hall Dr Lexington, SC 2.0–3.0 2.0 1071 $1,277 $1.19 3d 1 1.40mi

HOA detail

Monthly dues
$42 · $504/yr
Likely covers
gas

Listing history 38 events

  1. 2026-06-18
    days on market $265,000 Active 111 DOM
  2. 2026-06-17
    days on market $265,000 Active 110 DOM
  3. 2026-06-16
    days on market $265,000 Active 109 DOM
  4. 2026-06-15
    days on market $265,000 Active 108 DOM
  5. 2026-06-14
    days on market $265,000 Active 106 DOM
  6. 2026-06-10
    days on market $265,000 Active 103 DOM
  7. 2026-06-09
    days on market $265,000 Active 102 DOM
  8. 2026-06-08
    days on market $265,000 Active 101 DOM
  9. 2026-06-07
    days on market $265,000 Active 100 DOM
  10. 2026-06-03
    days on market $265,000 Active 96 DOM
  11. 2026-06-03
    days on market $265,000 Active 95 DOM
  12. 2026-06-02
    days on market $265,000 Active 94 DOM
  13. 2026-05-31
    days on market $265,000 Active 93 DOM
  14. 2026-05-11
    price $265,000
  15. 2026-03-18
    price $269,999
  16. 2026-03-12
    price $279,999
  17. 2026-02-27
    listed $289,900 Active
  18. 2023-02-17
    soldstatus $258,000
  19. 2023-02-16
    soldstatus $258,000 653-char remark
    Show marketing remark (653 chars)

    This beautiful, open concept Dawson floor plan by Mungo Homes features 3BR, 2.5BA. The kitchen offers white cabinets, light colored granite counter tops, stainless appliances including gas range, refrigerator, and corner pantry. Luxury woodgrain flooring throughout offers easy maintenance. The laundry room is conveniently located on the second floor along with all bedrooms. The master bedroom has a large walk-in closet, private bath with separate shower and garden tub, and dual vanity. Backyard with patio overlooking spacious fenced yard with natural buffer. Items/furniture in home may be available for purchase or included with full price offer.

  20. 2023-01-25
    historical Active - Contingent
  21. 2022-12-30
    listed $264,900 Active
  22. 2022-03-23
    historical
  23. 2022-02-15
    status Active
  24. 2022-02-13
    historical
  25. 2022-02-09
    price $280,406
  26. 2022-02-03
    price $273,406
  27. 2022-01-31
    price $271,486
  28. 2022-01-22
    price $266,406
  29. 2022-01-19
    price $261,406
  30. 2022-01-11
    price $259,406
  31. 2022-01-04
    price $256,586
  32. 2021-12-31
    price $251,586
  33. 2021-12-30
    price $249,586
  34. 2021-12-23
    price $247,586
  35. 2021-12-08
    price $243,586
  36. 2021-10-27
    price $241,586
  37. 2021-10-23
    price $238,586
  38. 2021-10-18
    listed $235,346 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast SC · Resets to sale price

Current annual tax
$1,680 · $140/mo
Projected year-2 tax
$1,680 · $140/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,930
− Mortgage interest
−$14,844
− Property taxes
−$1,680
− Insurance
−$1,325
− Repairs & maintenance
−$1,834
− Management
−$1,834
− HOA
−$504
− Depreciation
−$7,709
Taxable loss
−$6,801
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,632
After-tax cash flow
$-438/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Lexington 01
NCES district ID
4502700
Math proficiency
42% ▼ -12.00%
Reading proficiency
53% ▼ -2.00%
Median HH income
$61,298
Composite
41.75/100
National rank
#3399
State rank
#11 of 80 in SC

Livability — White Knoll

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
White Knoll, SC

Population outlook (Lexington County) Hauer SSP2

Today (2025)
322,999 people
By 2030
342,356 · +6.0%
By 2040
377,715 · +16.9%
By 2050
406,984 · +26.0%
By 2075
465,447 · +44.1%
By 2100
485,674 · +50.4%

Not yet ingested

Political lean
Race & ethnicity
Common origin
Civics

Market trends

HPI YoY
Current HPI
Rent YoY
Metro
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+12.6% since first listed
25 events — show timeline
  • 2026-05-11 Price Changed $265,000 Consolidated MLS
  • 2026-03-18 Price Changed $269,999 Consolidated MLS
  • 2026-03-12 Price Changed $279,999 Consolidated MLS
  • 2026-02-27 Listed $289,900 Consolidated MLS
  • 2023-02-17 Sold (Public Records) $258,000 Public Records
  • 2023-02-16 Sold (MLS) $258,000 SBOR
  • 2023-01-25 Contingent Consolidated MLS
  • 2022-12-30 Listed $264,900 Consolidated MLS
  • 2022-03-23 Delisted Consolidated MLS
  • 2022-02-15 Relisted Consolidated MLS
  • 2022-02-13 Delisted Consolidated MLS
  • 2022-02-09 Price Changed $280,406 Consolidated MLS
  • 2022-02-03 Price Changed $273,406 Consolidated MLS
  • 2022-01-31 Price Changed $271,486 Consolidated MLS
  • 2022-01-22 Price Changed $266,406 Consolidated MLS
  • 2022-01-19 Price Changed $261,406 Consolidated MLS
  • 2022-01-11 Price Changed $259,406 Consolidated MLS
  • 2022-01-04 Price Changed $256,586 Consolidated MLS
  • 2021-12-31 Price Changed $251,586 Consolidated MLS
  • 2021-12-30 Price Changed $249,586 Consolidated MLS
  • 2021-12-23 Price Changed $247,586 Consolidated MLS
  • 2021-12-08 Price Changed $243,586 Consolidated MLS
  • 2021-10-27 Price Changed $241,586 Consolidated MLS
  • 2021-10-23 Price Changed $238,586 Consolidated MLS
  • 2021-10-18 Listed $235,346 Consolidated MLS

Property tax history

+330.8%/yr

Latest (2024): $1,680 · +4.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…