629 Laurel Hill Cir

Richmond Hill, GA 31324
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3 bd, 2 ba | 1,545 sqft | Built in 2002

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For Sale

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List Price
$269,900

Initial Investment

$73,548
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$269,900

Down Payment

25%

Rent

$1,900

Total Return

$49,578

Annualized Return

10.4%

Cap Rate

4.8%

Gross Yield

8.4%

Cash Flow

-$2,544

Appreciation

4.2%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

7,405

HOA

$28/mo

Flood Risk

Not Required

True 1-story brick & vinyl 3 bed/2 bath home with private backyard & wooded views. Priced to allow for paint & flooring. New appliances, great split floorplan, formal dining room (could be ofc), eat-in kitchen w/breakfast bar, great room with cozy fireplace, master suite on one wing & secondary bedrooms on opposite side of home & master w/double vanity, separate shower & large soaker tub. Main Street community amenities feature pool facility, tennis, 2 playgrounds, park, ponds, fishing lake, picnic park, trails, street lights, sidewalks & more! Location within walking distance to Elementary & High Schools, convenient to many local restaurants, 3 grocery stores, including Food Lion, Kroger's & Publix & several public parks, including Boles Park, J. F. Gregory Park & Sterling, and within 15 mins to 2 full-service marinas. Taxes ~1% of purchase price & include trash & recycle pick-up & fire dept dues. City public water & sewer + economical living with local electric co-op! As is sale.

See more in Analysis
George Meyers
Mia Madison Properties LLC
GA Agent License #336390

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Annual Financial Highlights

Expected Rent

$21,660

Expenses

-$6,892

Property Taxes

-$2,639

Loan Payments

-$14,673

Net Cash Flow

-$2,544

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.

Similar Listings



Listing Courtesy of:Melanie Kramer
Keller Williams Realty
Certified Agent Brokerage:George Meyers
Mia Madison Properties LLC
GA Brokerage License 64398
SourceSavannah Multi-List Corporation
MLS #280223
Last Updated: 11/22/2022 21:11
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