1527 Heath St

Augusta, GA 30904
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3 bd, 2 ba | 1,730 sqft | Built in 1926

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List Price
$240,000

Initial Investment

$65,400

Purchase Price

$240,000

Down Payment

25%

Rent

$1,660

Total Return

$118,425

Annualized Return

22.1%

Cap Rate

4.6%

Gross Yield

8.3%

Cash Flow

-$2,647

Appreciation

9.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,761

HOA

None

Flood Risk

Not Required

Fully renovated with all the modern conveniences while retaining its 1926 charm. High ceilings, original hardwood floors, picture molding, and 4 mantles are just a few of the features that you have to see to appreciate. Coupled with the renovated bathrooms and kitchen this home is truly the best of both worlds. Great office space to work from home or could easily be converted to a 4th bedroom! Fenced yard and a great location convenient to everything!

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NEIGHBORHOOD

SCHOOLS

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Ryan Widener
Auben Realty (GA)
GA Agent License #272313

Annual Financial Highlights

Expected Rent

$18,924

Expenses

-$4,174

Property Taxes

-$4,350

Loan Payments

-$13,048

Net Cash Flow

-$2,647

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

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From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Similar Listings



Listing Courtesy of:Nic Hoffmann
Agent License 388237
Hoffmann Residential Services
Certified Agent Brokerage:Ryan Widener
Auben Realty (GA)
GA Brokerage License H-62788
SourceAiken MLS
MLS #211203
Last Updated: 04/08/2024 15:04
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