5119 Parnell Way

Martinez, GA 30907
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4 bd, 3 ba | 2,322 sqft | Built in 2003

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List Price
$399,900

Initial Investment

$108,973

Purchase Price

$399,900

Down Payment

25%

Rent

$1,990

Total Return

$103,468

Annualized Return

13.0%

Cap Rate

3.6%

Gross Yield

6.0%

Cash Flow

-$8,080

Appreciation

6.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,001

HOA

$17/mo

Flood Risk

Not Required

This stunning 4 bedroom, 2 1/2 bath home is a must see. Nestled in a quiet neighborhood this home features an open floor plan with quartz countertops and fresh upgrades throughout. The recently remodeled deck has a retractable awning and is perfect for sitting outside and enjoying the view. You can sit in the outdoor hot tub or enjoy an evening with friends around the fire pit. Backed into a wooded area this home is perfect of you do not want neighbors over the back fence. The living area allows for peaceful evenings or an easy flow for entertaining guests. The master bedroom has plenty of room for a sitting/reading area with dual walk in closets and a recently remodeled mater bath that includes a luxurious walk in shower. Check out the recent upgrades/improvements to see all the work these owners put into making this home the perfect living space. This home is a must view.

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

Annual Financial Highlights

Expected Rent

$22,686

Expenses

-$5,425

Property Taxes

-$3,600

Loan Payments

-$21,741

Net Cash Flow

-$8,080

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:HARVEY CARTER
Agent License 408800
KELLER WILLIAMS REALTY AUGUSTA PARTNERS
Certified Agent Brokerage:Ryan Widener
Auben Realty (GA)
GA Brokerage License H-62788
SourceGreater Augusta AOR
MLS #520586
Last Updated: 09/16/2023 19:09
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