2031 Lake Forest Dr

Grovetown, GA 30813
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3 bd, 2 ba | 1,874 sqft | Built in 2008

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List Price
$279,900

Initial Investment

$76,273

Purchase Price

$279,900

Down Payment

25%

Rent

$1,710

Total Return

$84,005

Annualized Return

15.6%

Cap Rate

5.0%

Gross Yield

7.3%

Cash Flow

-$1,968

Appreciation

6.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,197

HOA

$19/mo

Flood Risk

Not Required

SELLER CONCESSION, please contact agent. Brick and vinyl Ranch with spacious Great Room with gas fireplace and open to dining room with dining bar. Kitchen features pantry,cabinets for extra storage and stove/oven, side by side refrigerator, dishwasher and disposal and granite counters. The primary bedroom also has an added space for office, nursey, game room, etc. The two additional bedrooms are on the opposite side of the home for maximum privacy. Fenced yard, sprinkler system, patio, double garage. Home is spacious, 1,874 square feet and ready to move in. Enjoy the neighborhood pond, sidewalks and street lighting. Close to all retail, interstate, Fort Eisenhower.

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

Annual Financial Highlights

Expected Rent

$19,494

Expenses

-$3,695

Property Taxes

-$2,550

Loan Payments

-$15,217

Net Cash Flow

-$1,968

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:DIAN SMITH
Agent License 143899
MORGAN SMITH REALTY
Certified Agent Brokerage:Ryan Widener
Auben Realty (GA)
GA Brokerage License H-62788
SourceGreater Augusta AOR
MLS #530523
Last Updated: 06/24/2024 15:06
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