3045 Tate Rd

Augusta, GA 30906
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3 bd, 1 ba | 1,278 sqft | Built in 1954

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For Sale

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List Price
$140,000

Initial Investment

$38,150
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$140,000

Down Payment

25%

Rent

$1,125

Total Return

$82,181

Annualized Return

25.7%

Cap Rate

5.7%

Gross Yield

9.6%

Cash Flow

-$311

Appreciation

10.0%
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Features

Occupancy

Occupied

Lease Start

05/02/2022

Lease End

04/30/2023

Lot Size

7,405

HOA

None

Flood Risk

Not Required

  • Please toggle on the listing between the current and market rent to see an increase in cap rate and annual cash flow
  • Attractive and steady five-year market appreciation

See more in Analysis

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Annual Financial Highlights

Expected Rent

$12,825

Expenses

-$3,225

Property Taxes

-$2,300

Loan Payments

-$7,611

Net Cash Flow

-$311

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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