3 beds 2 baths in Augusta, GA

💥 3.1% Interest Seller Finance Deal in Augusta, GA 💥

Take advantage of this incredible seller finance opportunity in Augusta, GA, featuring a remarkably low 3.1% interest rate. This fully renovated, rent-ready home offers 3 bedrooms and 2 bathrooms across 1,400 square feet of living space. Built in 1966, the property has been updated to meet modern standards, making it an ideal investment with significant cash flow potential.

Financial Overview:

• Purchase Price: $300,000
• Total Entry Fee: $44,784 + Closing Costs + Title
  • Down Payment (10%): $30,000
  • Realtor Fee (3%): $8,000
  • Assignment Fee: $10,000
• PITI: $700/Month to Seller
• Market Rent: $1,950/Month
• Balloon Payment: 5 years
• Interest Rate: 3.1%

This deal offers a monthly PITI of just $700 to the seller, creating an impressive monthly cash flow of $1,250, given the market rent of $1,950. The balloon payment is due in 5 years, providing ample time to leverage the property’s income potential and build equity.

Property Details:

• Location: Augusta, GA
• Bedrooms: 3
• Bathrooms: 2
• Living Space: 1,400 sq ft
• Year Built: 1966
• Status: Fully Renovated and Rent Ready
• Remaining Mortgage: None

This property is ideally suited for investors seeking a high-return opportunity with minimal initial investment. The fully renovated condition ensures that the home is ready for tenants immediately, further enhancing its appeal as a rental property. With no remaining mortgage and favorable financing terms, this deal offers a strategic investment in a thriving market.

Details

Property ID
SPSP-18226

Bedrooms
3

Bathrooms
2

Property Size
1413

Entry Cost ($)
44784

APR (%)
3.1