1817 Celia Dr

Columbus, GA 31907
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4 bd, 1.5 ba | 1,127 sqft | Built in 1960

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List Price
$84,500

Initial Investment

$24,388

Purchase Price

$76,050

Down Payment

25%

Rent

$725

Total Return

$17,299

Annualized Return

11.6%

Cap Rate

6.5%

Gross Yield

11.4%

Cash Flow

$304

Appreciation

4.6%
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Features

Occupancy

Lease Start

11/15/2019

Lease End

11/30/2022

Lot Size

8,712

HOA

None

Flood Risk

Not Required

  • This property is being sold in its current condition with in-place cash flow. All condition details can be found in the inspection report under the "Buy Process" tab
  • Located 15 minutes/10 miles from Fort. Benning
  • 4 Bedroom / 1.5 Bathroom
  • Close to parks, markets and restaurants
  • New 3-handle tub and shower valve installed in master bath
  • Current tenant lease expires 11/30/2022
  • New faucet and water line installed in kitchen sink

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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,326

Property Taxes

-$1,500

Loan Payments

-$4,134

Net Cash Flow

$304

See more in Financials

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