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135 Legrand Boulevard Greenville, SC 29607

3 Beds 1 Baths - sqft Built 1951

$238,900

List Price

$1,310

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

February 03, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1951
  • Price/Sqft : $189.30
  • 5 Days on Market
  • MLS # : 1436562
  • Updated Date : 02/04/2021 at 15:32
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 in Sherwood Forest, near downtown Greenville and Swamp Rabbit Ext. for under 250k. This home is located in the Gower/Parkins Mill area just off Laurens Rd. 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. Enjoy the large kitchen, with plenty of working and storage space. Additional storage can be found in the spacious walk-in laundry room or attic. The outside is well maintained with new landscaping and ample areas in the backyard for you to enjoy entertaining, play, or simply relaxing in a swing by yourself. Includes a beautiful outdoor patio and fenced in yard to enjoy all year. Come bring your creativity and put your personal touches on this great home. This unbeatable location is close to Downtown, with quick access to 85 and 385, great schools, and walking distance to grocery stores and restaurants.

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

 
Sorry, we do not have sufficient school data for this neighborhood.
 

$215,010$262,790$238,900

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 -$830
Property Tax -$337
Property Insurance -$50
Property Management Fees -$105
CASH FLOW
-$12

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.

$238,900

PROJECTED PRICE

$1,310

PROJECTED RENT

0.55%

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-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

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$69,059

INVESTMENT

$69,059

Down Payment
$59,725
Rehab Estimate
$5,750
Closing Costs
$3,584

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$830

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $59,725
Loan Amount $179,175
See What Happens When You Reinvest Cash Flow

3.83

YEARS SAVED

$8,811

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
  • $1,346

    COMP ESTIMATED VALUE
  • $1.07

    COMP AVG. RENT PER SQFT
Comps Range
$1,200
1$1,2002$1,2503$1,3104$1,495
$1,495
RENT COMPS ANALYSIS
* Sqft is provided from public sources
  • 135 Legrand Boulevard Greenville, SC 3
    • 3 beds 1 baths ∙ 1,262 Sqft ∙ Built 1951 3 beds 1 baths ∙ 1,262 Sqft ∙ Built 1951
    property image
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    •  
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    property image
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    • Rent Per SQFT
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    property image
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    • 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 #: 1436562
Last Updated: 02/04/2021
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