5118 Devon Ln

Augusta, GA 30909
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4 bd, 3 ba | 2,872 sqft | Built in 2016

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List Price
$359,900

Initial Investment

$98,073

Purchase Price

$359,900

Down Payment

25%

Rent

$2,130

Total Return

$121,242

Annualized Return

16.3%

Cap Rate

4.0%

Gross Yield

7.1%

Cash Flow

-$5,742

Appreciation

7.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,375

HOA

None

Flood Risk

Not Required

REFRESHED ELEGANCE! This charming 4 BD/2.5 BA home in Elderberry has it all! Situated in a quiet cul-de-sac, enjoy a covered back deck and fenced yard. Inside, discover hardwood floors and impressive details like coffered ceilings, recessed lighting, and elegant archways. The interior is refreshed with new carpet and fresh paint throughout. The kitchen features granite countertops, stainless steel appliances, convenient island, and a breakfast area. Cozy up by the stone fireplace in the Den or retreat to the spacious Owner's Suite, which is upstairs with a tray ceiling and ensuite bathroom. Three additional bedrooms feature high ceilings, and two of them have access to a shared bathroom. Conveniently located near Fort Eisenhower and I-20, this gem won't last! Don't wait, make it yours today!

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

Annual Financial Highlights

Expected Rent

$24,282

Expenses

-$3,958

Property Taxes

-$6,500

Loan Payments

-$19,566

Net Cash Flow

-$5,742

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:Farrah La Pan
Agent License 351872
REAL ESTATE SIMPLIFED, LLC
Certified Agent Brokerage:Ryan Widener
Auben Realty (GA)
GA Brokerage License H-62788
SourceGreater Augusta AOR
MLS #527740
Last Updated: 04/16/2024 16:04
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