The Tansel
Single Family
4
2.5
2249
Sqft
2019
$326,500
Purchase Price
$2,395
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Tansel?
Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.
About
The Tansel is a stunning 4 bedroom, 2.5 bathroom home in Rincon, GA. The open floor plan offers plenty of space for the living room and kitchen. The primary bedroom features a spacious sitting area and private ensuite bathroom, equipped with a dual vanity and walk-in closet. Carpet in all the bedrooms ensures comfort. This home features the convenience of a designated laundry room upstairs. A massive, grassy backyard is perfect for entertaining and fun.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Savannah, GA
Savannah, Georgia, is rich in history, culture, and natural beauty. Located on the state’s southeastern coast, Savannah is known for its picturesque parks and architecture, making it a popular destination for tourists and residents alike. The city’s economy is driven by various industries, including tourism, healthcare, education, and logistics. Savannah has experienced steady growth in its real estate market, driven by an influx of new residents attracted to the city’s quality of life and job opportunities.
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100%
Funded
780
Investors
$384,810
Invested