bed: 3 Â Â bath: 2 Â Â sq ft: 1,956 Â Â year built: 2021
bed: 3 Â Â bath: 2 Â Â sq ft: 1,956 Â Â year built: 2021
166
$296,097
70%
$2,295
Rented
The Murphy is a brand new home that includes 3 bedrooms and 2 bathrooms. It has a gas fireplace, and the kitchen has a gas range with stainless steel appliances. The master suite includes a soaking tub and a walk-in closet, and the other 2 bedrooms share a Jack-and-Jill bathroom.
Address: 211 Doolittle Drive, Chapin, SC 29036
$27,540
— 21.1% Gross Yield
-
$21,664
$5,876
Cash Flow
Ă·
$130,580
Raise Amount
4.5%
Based on data from the Zillow Value Home Index (ZHVI) Single Family Homes Time Series, single-family homes have appreciated 4.5% per year on average for the last 20 years.
This data is based on a national average for Single-family homes in the 35th to 65th percentile range by home prices according to the Zillow Home Value Index. This is a national average and may not represent actual performance of this property's zipcode. In addition to property appreciation, equity returns also depend on real estate investment costs, hold period, and leverage. For more information, refer to the Offering Circular.
Use our returns calculator below to see how hypothetical property performance may impact your investment.
70%
Lower
Higher
Columbia, South Carolina is a popular market with millennials and retirees. The market routinely ranks highly
for its livability, business and job opportunities, and public education.
The metro area of Columbia is well educated. Over 40% of the adult population has at least a Bachelor's degree,
and the city is home to the University of South Carolina. The market has a diversified economy, with major
sectors including information technology, insurance, military, manufacturing, and health care. Additionally,
Columbia is the capital of South Carolina, which brings significant jobs and economic activity to the region.
Property Purchase Price
$296,097
Property Improvements & Cash Reserves
$15,080
Closing Costs, Offering Costs & Holding Costs
$10,090
Arrived Sourcing Fee (One-time)
$16,580
$337,847
$207,267
$130,580
IPO Price Per Share
$10
Total Shares
13,058
5-7 years
$326
How Arrived works
Arrived acquires rental properties into an LLC and sells shares in that LLC to the general public. Arrived then manages the day to day operations including finding tenants and completing repairs. Investors receive cash dividends from rental income each quarter and capture any property value appreciation.
What returns can I expect
Investing in Arrived rental properties can deliver returns to investors in two different ways:
1) Dividends from the rental income on each property; currently paid out to investors quarterly
2) Appreciation from the change in property value that will be realized at the end of the investment hold period
What to expect if my property is still seeking a tenant
We are currently focused on marketing the rental homes to prospective tenants and will email you when a new lease has been signed. Arrived's strategy for seeking tenants is focused on signing 2 year leases, achieving market rent, and thoroughly vetting applicants. Though it may take a bit more time to lease out the homes, we believe these standards provide our investors the best way to maximize returns over the long term.
Diversification
With real estate, it can be beneficial to invest in multiple properties and markets to achieve portfolio diversification. Diversifying your portfolio can be a good way to reduce exposure to risk from an individual property, tenant, or market forces.
Investing horizon & liquidity
Currently investors will need to plan to hold their shares for the full investment period until the property is sold and investors are paid their proportional proceeds from the sale. We anticipate establishing a mechanism to facilitate secondary trading in accordance with the rules and regulations of the U.S. Securities & Exchange Commission (SEC) as an option for liquidity during the investment period, however there can be no guarantee when that will be available. Please submit your email if you would like to be notified of future developments.
Arrived strives to give investors the opportunity to build wealth through real estate. Historically, real estate returns have been maximized when treated as a long-term investment over multiple years. Arrived property offerings typically have a 5 year minimum investment period before a property would be sold.
Disclaimer:
There is currently no public trading market for our Interests, and an active market may not develop or be sustained. There is no guarantee that appropriate regulatory approval to permit such secondary trading will ever be obtained. If an active public trading market for our securities does not develop or is not sustained, it may be difficult or impossible for you to resell your shares at any price before the end of the investment period. Even if a public market does develop, the market price could decline below the amount you paid for your shares, and there may be fees involved. Please refer to our offering circular for more details regarding potential distributions.
No need to worry, all Arrived rental properties go through our rigorous selection process and have been pre-vetted for their investment potential by our acquisitions team (more info). Rather than focusing on selecting individual properties to invest in, many Arrived investors simply distribute their investment across several available properties to achieve portfolio diversification.
100% shares purchased
$130,580
Invested
Invested