22 Crabapple Cir

Port Wentworth, GA 31407
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3 bd, 2.5 ba | 1,670 sqft | Built in 2016

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List Price
$329,900

Initial Investment

$89,898

Purchase Price

$329,900

Down Payment

25%

Rent

$2,130

Total Return

$86,610

Annualized Return

14.0%

Cap Rate

4.8%

Gross Yield

7.7%

Cash Flow

-$2,663

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,356

HOA

$126/mo

Flood Risk

Not Required

This beauty is MOVE-IN READY! Situated in the Parkside section of Rice Hope, this former model home is not short on upgrades! Walking through the front door you will find a spacious open floor plan with soaring ceilings, all hard surfaces, a fireplace, upgraded lighting and roman shades. The kitchen has granite counters, stainless steel appliances and plenty of cabinet space. From the common area you will see the laundry room and primary suite that has tray ceilings, a bathroom with double sinks, a separate tub and shower and walk-in closet. The laundry room has backsplash and cabinetry and a storage closet and leads you to the covered porch, the fully fenced backyard and to the rear facing 2 car garage. LOVE where you live with Rice Hope's resort-style amenities which include pools, a water park, lazy river, recreational lake, fitness trails and facilities, and playgrounds. Just minutes away from Gulfstream, JCB, downtown Savannah, the airport, and the GA Ports.

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

Annual Financial Highlights

Expected Rent

$24,282

Expenses

-$5,470

Property Taxes

-$3,540

Loan Payments

-$17,935

Net Cash Flow

-$2,663

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:Teresa Cowart
Agent License 290798
Re/Max Accent
Certified Agent Brokerage:George Meyers
Mia Madison Properties LLC
GA Brokerage License 64398
SourceGeorgia MLS
MLS #10421958
Last Updated: 12/04/2024 16:12
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