2216 Grandwood Ln

Augusta, GA 30909
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5 bd, 3 ba | 3,128 sqft | Built in 2009

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List Price
$329,900

Initial Investment

$89,898

Purchase Price

$329,900

Down Payment

25%

Rent

$2,130

Total Return

$122,890

Annualized Return

18.2%

Cap Rate

4.7%

Gross Yield

7.7%

Cash Flow

-$3,061

Appreciation

7.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,504

HOA

$17/mo

Flood Risk

Not Required

Great floor plan with total of 5 bedrooms (one bedroom on main floor). Formal dining room w/coffered ceiling and bay window and formal living room (could be used as office). Soaring two story foyer floods the home with natural light! Kitchen featuring tall cabinets, granite countertops and electric appliances (refrigerator remains). Kitchen, breakfast area and great room all open for ease of entertaining. 9' ceilings throughout downstairs! Upstairs there are spacious bedrooms with vaulted ceilings. Primary bedroom with additional sitting area and fireplace. Primary suite offers dual walk in closets. Primary bathroom with jacuzzi tub, separate shower and dual vanities and separate toilet room. Laundry room upstairs for extra convenience. All bathrooms, laundry and kitchen with tile flooring. Roof new 2022! Outside you will find a covered extra long patio (mounted tv in patio remains with property). Additionally there is a separate area next to patio for all your grilling! Easy to show (regular MLS lockbox) but need confirmed appointment.

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

Annual Financial Highlights

Expected Rent

$24,282

Expenses

-$4,158

Property Taxes

-$5,250

Loan Payments

-$17,935

Net Cash Flow

-$3,061

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:NANDA DELAURENTYS
Agent License 132840
BLANCHARD & CALHOUN-EVANS
Certified Agent Brokerage:Ryan Widener
Auben Realty (GA)
GA Brokerage License H-62788
SourceGreater Augusta AOR
MLS #532057
Last Updated: 07/26/2024 14:07
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