$123,050 invested

The Bayside

bed: 3    bath: 2    sq ft: 2,083    year built: 2013
100% shares purchased
  • Investors120
  • Purchase Price$255,000
  • Monthly Rent$1,995
  • Rental StatusRented
The Bayside is a 3-bed, 2-bath home that was built in 2013. The home is single-story and has gorgeous hardwood floors, lots of crown molding, plenty of kitchen space and a wonderful outdoor patio. The Bayside is located in Columbia, SC.
Address: 59 Bayside Ct, Columbia, SC 29229
The Market
Real estate values and returns are highly dependent on location. In general, properties in more affordable markets will have higher cash flow (potential dividends), and properties in more expensive markets will have higher appreciation. Arrived strives to give investors options to choose how much they invest in appreciation markets, cash flow markets, or balanced markets.

The economy of the local city and market will dictate the potential returns of an investment. In general, some markets see high appreciation of home values, some have higher cash flow (dividends), and some have a mix of the two.

Columbia, SC

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.
Real Estate Data for Columbia, SC
While no one can predict the future, there is plenty of data available on how property values have performed over the years. The Zillow Home Price indices can be a great tool to understand the past growth in property values for a given market.
Offering Details
The Offering Details provide a breakdown of the financials for a specific property offering. The Offering Details show the operating plan for the property, including how the Raise Amount proceeds will be used. For transparency, we also like to share a breakdown of the Arrived fees. And if you're interested in more information, we also link to other resource documents that go into more depth around each offering.
  • Property Purchase Price
    $255,000
  • Property Improvements & Cash Reserves
    $10,470
  • Closing Costs, Offering Costs & Holding Costs
    $8,710
  • Arrived Sourcing Fee (One-time)
    $14,620
Total Property Amount
$288,800
Property Loan Amount
$165,750
Financing: 65%
Interest Rate: 4.625%
Equity Raised from Investors
$123,050
  • IPO Price Per Share
    $10
  • Total Shares
    12,305
Hold Period
5-7 years
Asset Management Fee (Quarterly)
Comes out of post-purchase rental income
$308
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Common Questions
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.
Investing in Arrived rental homes can deliver returns to investors in two different ways: 1) property value growth & 2) rental income. While we cannot predict future returns, below are historic returns that can be helpful.

1) Property value growth: Any property value appreciation can result in increased investment value for the investor. Over the last 20 years, single family homes in the USA have appreciated an average of 4.0% per year. That means that for a property with a 65% mortgage loan, the home equity value increased an average of 4.9% per year. For a home without a mortgage loan, the home equity value increase would average 2.3% per year. These returns include transaction & disposition fees and assumes the investment is held for 10 years.

2) Rental income: Historically, Arrived properties have paid cash dividends from rental income that translate to 3.2% - 7.2% annual returns on investment. The rental income you receive will be proportional to your ownership in the property.

In summary adding both the property value growth & the rental income, we see that investing in rental homes has historically resulted in returns on investment between 5.5% - 12.1% per year. It is important to note that past performance may not be indicative of future results.
Learn More
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.
Learn More
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.
Arrived strives to give investors the opportunity to build wealth. This is best done by holding onto Arrived shares over multiple years, as real estate returns are maximized when treated as a long-term investment. While we encourage investors to hold onto their Arrived shares, we allow investors the freedom to redeem their shares and liquidate their investments on a quarterly basis. This redemption request can be made after an initial 6-month hold period. Disclaimer: During this time, Arrived cannot guarantee any redemption will be possible, although we intend to launch a full redemption program soon. Arrived has filed the planned redemption program with the U.S, Securities & Exchange Commission (SEC) and it is currently under review for Qualification. Arrived will not be able to support redemption requests until the program is reviewed and qualified. This review is still pending and we will updated this FAQ as soon as it is complete. There may be fees associated with share redemption. For risk factors and disclaimer information, you can review our communications disclaimer.
Don't know which property to choose?
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.
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500 Yale Avenue North Seattle, WA 98109
support@arrivedhomes.com
Arrived Homes, LLC ("Arrived Homes" or "Arrived") operates the arrivedhomes.com website (the "Site") and is not a broker-dealer or investment advisor. All securities related activity is conducted through Dalmore Group LLC, a registered broker-dealer and member of FINRA/SIPC, located at 525 Green Place, Woodmere, NY 11598. You can review the brokercheck for Dalmore. An up-to-date Dalmore Form CRS is available.

You should speak with your financial advisor, accountant and/or attorney when evaluating any offering. Neither Arrived Homes nor Dalmore makes any recommendations or provides advice about investments, and no communication, through this website or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform. The Site may make forward-looking statements. You should not rely on these statements but should carefully evaluate the offering materials in assessing any investment opportunity, including the complete set of risk factors that are provided as part of the offering circular for your consideration.

Arrived Homes is conducting public offerings pursuant to Regulation A, as amended, through the Site. The offering circular for Arrived Homes is available. Past performance is no guarantee of future results. Investments such as those on the Arrived Homes platform are speculative and involve substantial risks to consider before investing, outlined in the respective offering materials and including, but not limited to, illiquidity, lack of diversification and complete loss of capital. Key risks include, but are not limited to, limited operating history, limited diversification, risk of asset damage or theft and lack of voting rights. Also, the adverse economic effects of the COVID-19 pandemic are unknown and could materially impact this investment. An investment in an offering constitutes only an investment in a particular series and not in Arrived Homes or the underlying asset(s). Investors should carefully review the risks located in the respective offering materials for a more comprehensive discussion of risk.

From time to time, Arrived Homes will seek to qualify additional series offerings of securities under regulation A. For offerings that have not yet been qualified, no money or other consideration is being solicited and, if sent in response, will not be accepted. No offer to buy securities of a particular offering can be accepted, and no part of the purchase price can be received, until an offering statement filed with the Securities and Exchange Commission (the "SEC") relating to that series has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification by the SEC. An indication of interest involves no obligation or commitment of any kind.

Investment overviews contained herein contain summaries of the purpose and the principal business terms of the investment opportunities. Such summaries are intended for informational purposes only and do not purport to be complete, and each is qualified in its entirety by reference to the more-detailed discussions contained in the respective offering circular filed with the SEC.

Arrived Homes does not offer refunds after an investment has been made. Please review the relevant offering materials and subscription documentation for more information.

An active trading market for any series of Arrived Homes interests may not develop or be sustained. If an active public trading market for Arrived Homes series interests does not develop or is not sustained, it may be difficult or impossible for you to resell your interests at any price. Even if an active market does develop, the market price could decline below the amount you paid for your interests. There is no assurance that the Arrived Homes platform will provide an active market for resales of Arrived Homes series interests. Further, without the Arrived Homes platform, it may be difficult or impossible for you to dispose of your interests. If the market develops for any series of Arrived Homes interests, the market price of such interests could fluctuate significantly for many reasons, including reasons unrelated to performance, the underlying assets or any series, such as reports by industry analysts, investor perceptions or announcements by competitors regarding their own performance, as well as general economic and industry conditions.

For additional risk factors and disclaimer information, you can review our communications disclaimer.