2611 Cairo Dr

Augusta, GA 30906
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4 bd, 2 ba | 1,651 sqft | Built in 1974

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List Price
$199,900

Initial Investment

$54,473

Purchase Price

$199,900

Down Payment

25%

Rent

$1,430

Total Return

$113,474

Annualized Return

24.8%

Cap Rate

5.2%

Gross Yield

8.6%

Cash Flow

-$1,172

Appreciation

10.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,454

HOA

None

Flood Risk

Not Required

2611 Cairo Dr... Completely remodeled 4 BR 2 BA brick home. New windows, new HVAC, no flooring, fresh paint, like new bathrooms, like new kitchen, brand new appliances and new fixtures. Seller is licensed agent.

See more in Analysis
Ryan Widener
Auben Realty (GA)
GA Agent License #272313

Annual Financial Highlights

Expected Rent

$16,302

Expenses

-$3,407

Property Taxes

-$3,200

Loan Payments

-$10,868

Net Cash Flow

-$1,172

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

Why choose?
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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Listing Courtesy of:CHARLES MARSHALL
Agent License 349736
VANDERMORGAN REALTY
Certified Agent Brokerage:Ryan Widener
Auben Realty (GA)
GA Brokerage License H-62788
SourceGreater Augusta AOR
MLS #527461
Last Updated: 04/04/2024 20:04
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