2014 Richmond Ave

Augusta, GA 30904
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2 bd, 2 ba | 1,026 sqft | Built in 1948

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List Price
$129,900

Initial Investment

$35,398

Purchase Price

$129,900

Down Payment

25%

Rent

$1,130

Total Return

$76,285

Annualized Return

26.7%

Cap Rate

6.6%

Gross Yield

10.4%

Cash Flow

$863

Appreciation

9.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,970

HOA

None

Flood Risk

Not Required

Investor special in an amazing location! Minimal damage from the storm. This home would make an excellent short, mid or long term rental property. With close proximity to restaurants and shops on central ave, coupled with the medical district next door, this the perfect cottage to own. This property is being sold as-is.

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

Annual Financial Highlights

Expected Rent

$12,882

Expenses

-$2,607

Property Taxes

-$2,350

Loan Payments

-$7,062

Net Cash Flow

$863

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:BRIAN O'NEILL
Agent License 352881
HOME RELIEF, LLC
Certified Agent Brokerage:Ryan Widener
Auben Realty (GA)
GA Brokerage License H-62788
SourceGreater Augusta AOR
MLS #538048
Last Updated: 02/07/2025 23:02
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