251 House Rules: Dorm Room Details

Here are details regarding the Dorm Room.

Location:

251 Naples Avenue.
Cayce, SC 29033
Second Floor Northwest.

Dimensions:

10ft 7in x 10ft 2in (room)
5 ft 4in x 3 ft 4.5in (closet)

Amenities:

One window on North wall

One window on West wall

Blinds on all windows

One Spectrum HDTV Standard Receiver

Ceiling fan with light fixture

Central air conditioning and heat

Closet with shelf

Phone jack (Occupant pays separately for phone service)

Bathroom (shared with one other person occupying the Guest Room)

Smoke alarms in every room

Utilities (electricity, gas, trash pick up and water) are all included

Commercial washer and dryer

High speed 100 mbps wireless internet (WiFi) access is included

Furnishings:

Classic Solid End Bunk Bed set includes 2 Twin Size bunk beds. One bed is a trundle bed that conveniently stores under the other.
One Classic Wall Unit with Drawers for storing clothes, etc.
Two plastic storage units with 3 shelves each.
One portable table 72in by 24in.
One cushioned office chair.
One cushioned chair.
One LED desk lamp.
One Westinghouse flat panel high definition color television.

The following linens and bedding accessories are included:

2 pillows
3 sets of twin size bed sheets
2 sets of pillowcases
2 comforters
1 wool blanket

Photos:

Here is a link to photos of the Dorm Room and of the entire house.

Video:

Here is a link to a narrated video of the Dorm Room.

Price:

$450 security deposit is due upon signing a rental agreement. The entire amount is refunded to you after your rental agreement is terminated and no damages are assessed.

Effective May 1, 2020, the month-to-month room rate is $18 per day, with the entire month's rent due on the first day of each month for that month's rent. Partial months, based upon your move-in and move-out dates, are prorated at the same daily rate.

Payment:

Click here to process your security deposit and Dorm Room rent payment through the eXcesS Capacity marketplace, operated by the 251 Owner.

Terms:

Rent is month-to-month with at least 2 weeks advance notice prior to vacating greatly appreciated.

Dorm Room Rental Option:

Since the Dorm Room has 2 twin sized [bunk] beds, 2 people could occupy this room. You, as primary person, could split the monthly rent with a secondary person [paying $275 each]. In this rental option, the primary person is solely responsible for locating, and retaining, a compatible secondary person to share the Dorm Room.

The room rental agreement is written naming only one primary person, who is responsible for the full security deposit [$450] and the full monthly rent payment [$550]. In the event the secondary person vacates the room, then the primary person is still responsible for making the full monthly rent payment [$550]. Should the primary person vacate the room and the secondary person decide to stay, then a new rental agreement would be written with the secondary person now becoming the primary person responsible for the full security deposit [$450] and the full monthly rent payment [$550].

Scenarios.
You want to live in an affordable room in a beautiful home and you have a budget? Then here are some scenarios. Which one is best for you?

Scenario 1: You pay $450 security deposit + $550 per month. Dorm Room is not shared. You are the Primary renter of the Dorm Room. You have the Dorm Room all to yourself.

Scenario 2: You pay $450 security deposit + $450 per month. Dorm Room is not shared. You are the Primary renter of the Dorm Room. Your effective rate for renting the Dorm Room could be $550 - $100 referral fee = $450 per month including all utilities and wireless internet access. The incentive plan compensates anyone [this would be someone you know] who refers to Mark an individual [which could be you] who rents a room at "251". The compensation, or referral, fee paid monthly by check to the referrer is $100 per month or $25 per week for partial months for the entire duration of the tenant's [your] stay.

Scenario 3: You pay $450 security deposit + $275 per month. Dorm Room is shared. You are the Primary renter of the Dorm Room. If you locate someone to share the room with you, then your effective rate for renting the Dorm Room could be half of $550, or $275, per month including all utilities and wireless internet access. You would still be obligated to pay the $450 security deposit which is refunded to you when you vacate, provided no damages are assessed.

Scenario 4: You pay $450 security deposit + $175 per month. Dorm Room is shared. You are the Primary renter of the Dorm Room. You locate someone to share the room with you and either a) someone refers you to Mark, in which case they collect the monthly $100 referral fee or b) you refer to Mark someone who signs a month-to-month lease agreement to rent a room, in which case you collect the monthly $100 referral fee. Your effective rate for renting the Dorm Room could be $550 - $100 referral fee = $450 - $275 (your roommate's share) = $175 per month including all utilities and wireless internet access.

Scenario 5: You pay $175 per month. Dorm Room is shared. You are the Secondary renter of the Dorm Room. If you locate someone who agrees to be the Primary renter of the Dorm Room, then they are responsible for the entire $450 security deposit. Your share of the room rent would be $275 less the $100 per month referral fee paid to you for the duration of the Primary renter's stay.

Scenario 6: You earn $100 per month. You could earn $100 per month, for the entire duration of their stay, by referring to Mark someone who rents an available room on a month-to-month basis. You'd also be given priority when any room becomes available at 251. Maybe whomever is occupying the Dorm Room could let you stay there with them without you having to pay anything to them for the privilege of staying in the Dorm Room with them. :)

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