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RENTAL INVESTMENT OPPORTUNITY!! The home is located in the heart of Historical Waynesboro, Georgia. 20 min from Plant Vogtle. (all-rooms are currently rented) This income-producing home is on 1.69 acres, convenient to everything. Each room is currently individually rented. It has 4 large bedrooms each have its own private bathroom. The two other bedrooms share a bathroom. Mother-in-law suite can easily be converted to a 2 bedrooms, 1 bathroom unit. Plenty of potential for maximizing the space and net income. Home has not been altered in any structured way, easily could become a single-family home.
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This mortgage calculator can be used to figure out monthly payments of a home mortgage loan, based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
Residential (or Property) Taxes are a little harder to figure out... the average residential tax rate seems to be around $14 per year for every $1,000 of your property's assessed value.
Let's say that your property's assessed value is 85% of what you actually paid for it - $204,000.00.
This would mean that your yearly residential taxes will be around $2,856.00.
This could add $238.00 to your monthly payment.