2355 Forster St
Augusta, GA 30904
List Price
$232,000
Initial Investment
$63,220Purchase Price
$232,000
Down Payment
25%
Rent
$1,460
Total Return
$111,439
Annualized Return
21.4%
Cap Rate
4.4%
Gross Yield
7.6%
Cash Flow
-$3,131
Appreciation
9.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
9,148
HOA
None
Flood Risk
Not Required
Investor Opportunity! This updated 3br 2ba home in Augusta is ready for new landlords. Excellent tenant in place with lease through Feb 2026.
Talk about updates. Walk through the door and be greeted by an inviting living room, large dining room with all new flooring. Flows right into the kitchen with granite counter tops and updated stainless steel appliances including the refrigerator.
AS noted, New LVP flooring has been installed throughout the entire home.
The bathroom on the main floor has a beautifully tiled shower/tub, and new vanity.
Two bedrooms are on the main and share the main bath, and upstairs find one bathroom and bedroom - or used as a great loft or office, as well as the laundry room. Upstairs can be many things.
The back deck has been totally redone and the easy maintenance backyard has two outdoor buildings for storage.
This home is perfect for anyone wanting to be close to the VA, the hospitals or downtown area.
This is an investment not to miss, especially with tenants in place!
See more in Analysis
Ryan Widener
Auben Realty (GA)
GA Agent License #272313
Annual Financial Highlights
Expected Rent
$16,644Expenses
-$2,963Property Taxes
-$4,200Loan Payments
-$12,613Net Cash Flow
-$3,131See 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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SourceGreater Augusta AOR
MLS #539449
Last Updated: 03/15/2025 23:03
MLS #539449
Last Updated: 03/15/2025 23:03