194 Gavin Way

Rincon, GA 31326
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5 bd, 3 ba | 2,555 sqft | Built in 2023

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List Price
$399,990

Initial Investment

$108,997

Purchase Price

$399,990

Down Payment

25%

Rent

$2,430

Total Return

$138,304

Annualized Return

17.5%

Cap Rate

5.0%

Gross Yield

7.3%

Cash Flow

-$2,093

Appreciation

6.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,712

HOA

$29/mo

Flood Risk

Not Required

Welcome to your dream home! This stunning 1 year old home, nestled in the heart of Rincon combines space and modern convenience. You will feel the warmth and sophistication of this home as you step in the foyer with its beautiful high ceiling. Main floor offers a guest bedroom and full bath along with formal dining room or flex room perfect for gatherings. The heart of the home is the open concept kitchen/living area designed both for function and style. It features a flat-top bar, walk in pantry, plenty of cabinets and counter space. Upstairs you find the additional 3 guest bedrooms as well as a luxurious owners suite equipped with his and her closets and a en suite bath that includes dual vanities, large shower, relaxing garden tub and a private water closet, creating a real retreat. Enjoy the scenic views from your backyard of the tranquil pond. This beauty provides convenience and is in the highly sought after Effingham County school system. You don't want to miss this one!

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

Annual Financial Highlights

Expected Rent

$27,702

Expenses

-$4,450

Property Taxes

-$3,600

Loan Payments

-$21,746

Net Cash Flow

-$2,093

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:Wendy Miner
Agent License 424729
Luxe Real Estate Services
Certified Agent Brokerage:George Meyers
Mia Madison Properties LLC
GA Brokerage License 64398
SourceGeorgia MLS
MLS #10416855
Last Updated: 11/21/2024 15:11
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