2722 Magnolia Ave

Augusta, GA 30909
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3 bd, 1 ba | 910 sqft | Built in 1940

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List Price
$101,000

Initial Investment

$27,523

Purchase Price

$101,000

Down Payment

25%

Rent

$1,090

Total Return

$51,649

Annualized Return

25.4%

Cap Rate

7.7%

Gross Yield

13.0%

Cash Flow

$1,708

Appreciation

7.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,761

HOA

None

Flood Risk

Not Required

Location, location, location! One story home walking distance to restaurants and shops in Surrey Center. Just 1.2 miles to Gate 11 of the Masters. Charming 1940 home with 3 bedrooms and 1 bath on a great corner lot. Convenient to Fort Eisenhower, Augusta University, medical community, and downtown Augusta. Calling all investors! Great potential for rental income or starter home. Being sold AS IS.

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NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$12,426

Expenses

-$3,377

Property Taxes

-$1,850

Loan Payments

-$5,491

Net Cash Flow

$1,708

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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Similar Listings



Listing Courtesy of:MARTHA WARRICK
Agent License 64227
MEYBOHM REAL ESTATE -NORTH AUGUSTA
Certified Agent Brokerage:Ryan Widener
Auben Realty (GA)
GA Brokerage License H-62788
SourceAiken MLS
MLS #211184
Last Updated: 04/06/2024 07:04
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