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135 Legrand Boulevard Greenville, SC 29607

3 Beds 1 Baths - sqft Built 1951

$245,000

List Price

$1,310

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

December 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1951
  • Price/Sqft : $194.14
  • 1 Days on Market
  • MLS # : 1433923
  • Updated Date : 12/20/2020 at 01:38
CONSTRUCTION
  • Beds : 3
  • Floor Size : '-'
  • Baths : 1 full
Listing Agent

Coldwell Banker Caine/williams

Listing Agent's Description

Incredible opportunity to own a turnkey condition 3br home near downtown Greenville and Swamp Rabbit Ext. for under 250k. This home is located in the Gower / Parkins Mill area just off Laurens Rd. The outside is well maintained with lush landscaping and ample areas in the backyard for you to enjoy entertaining or simply relaxing in a hammock by yourself. When coming up the front walk you will be met by a welcoming front porch. Upon entering the front door you are greeted by an open living room and dining room which have the original hardwoods that carry throughout the rest of the living space. Come bring your creativity and put your personal touches on this great home. This unbeatable location is just a short distance to Downtown, Gower Park or the many area restaurants and shops.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Pleasantburg

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300kPrice in $85k319k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Pleasantburg

NeighborhoodNIR Market*CityMarket2010Year20002019 Q280090010001100120013001400150016001700Rent in $7911791

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Sara Collins Elementary School Primary Regular 828 54 8
Beck Academy Middle Magnet 1,014 61 9
J.l. Mann Academy High Magnet 1,718 94 7

Sara Collins Elementary School

  • Education Level: Primary
  • # of students: 828
  • # of teachers: 54
8
GreatSchools Rating

Beck Academy

  • Education Level: Middle
  • # of students: 1,014
  • # of teachers: 61
9
GreatSchools Rating

J.l. Mann Academy

  • Education Level: High
  • # of students: 1,718
  • # of teachers: 94
7
GreatSchools Rating
 

$220,500$269,500$245,000

PURCHASE PRICE

$1,179$1,441$1,310

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,310
EXPENSES Loan Payment -$904
Property Tax -$346
Property Insurance -$50
Property Management Fees -$105
CASH FLOW
-$95

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$245,000

PROJECTED PRICE

$1,310

PROJECTED RENT

0.53%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.42%
Appreciation Year (1-5) 8.5%
Maintenance Year (1-5) 8.00%
Vacancy 6.12%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$70,675

INVESTMENT

$70,675

Down Payment
$61,250
Rehab Estimate
$5,750
Closing Costs
$3,675

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$904

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $61,250
Loan Amount $183,750
See What Happens When You Reinvest Cash Flow

2.5

YEARS SAVED

$5,716

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,310

    LIST RENT
  • $1.04

    LIST RENT PER SQFT
  • $1,317

    COMP ESTIMATED VALUE
  • $1.04

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,3103$1,4504$1,495
$1,495
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 135 Legrand Boulevard Greenville, SC 2
    • 3 beds 1 baths ∙ 1,262 Sqft ∙ Built 1951 3 beds 1 baths ∙ 1,262 Sqft ∙ Built 1951
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,310
    • $1.04
    •  
  • 26 Lady Marion Lane Greenville, SC 1
    • 3 beds 1 baths ∙ 1,210 Sqft ∙ Built 3 beds 1 baths ∙ 1,210 Sqft ∙ Built
    property image
    LEASED 03/09/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,200
    • $0.99
    •  
  • 11 Wiuka Avenue Greenville, SC 3
    • 3 beds 2 baths ∙ 1,356 Sqft ∙ Built 3 beds 2 baths ∙ 1,356 Sqft ∙ Built
    property image
    LEASED 06/28/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,450
    • $1.07
    •  
  • 208 Brookdale Avenue Greenville, SC 4
    • 3 beds 2 baths ∙ 1,398 Sqft ∙ Built 3 beds 2 baths ∙ 1,398 Sqft ∙ Built
    property image
    LEASED 09/24/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,495
    • $1.07
    •  
PROPERTY LISTING DETAILS
Kimberly Roberts
1.864.525.1177
Coldwell Banker Caine/williams
Lauren Taylor
1.866.250.5610
Homeunion SC LLC
21064
( GGARMLS)
MLS #: 1433923
Last Updated: 12/20/2020
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