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$185,000

For Sale - Active
4831 Impala Ln, Albany, GA 31705
3 Beds
0 Baths
1,634 Square Feet
0.00 Acres Lot
Built in 1972
For Sale - Active
Units n/a
Checked: 23 hours ago
Updated: Jun 15, 2025 at 04:14AM

Investment Summary


Monthly Cash Flow
-$220
Cap Rate
4.9%
Cash-on-Cash Return
-6.2%
Debt Coverage Ratio
0.77
Internal Rate of Return (5 years)
-2.0%

Property Description


0.00 Acres Lot
Built in 1972
For Sale - Active
Units n/a

Don't miss your chance to own this stunningly transformed home, completely remodeled back in 2022! Gutted down to the studs, this home has been meticulously updated with every modern feature and high-end finish imaginable. From the moment you step inside, you'll be blown away by the flawless craftsmanship and luxurious upgrades that create the perfect blend of comfort and style. The property boasts foam insulation in the attic and exterior walls, as well as rockwool Safe & Sound insulation in the interior walls. The home features LVP flooring throughout, a HVAC system and ductwork, doors and windows, and updated electrical, plumbing, and water softener systems-A Rinnai continuous hot water system, smooth ceilings with crown molding, and recessed lighting add to the modern appeal of this home. The spacious open floor plan includes a large family room and a chef's kitchen with cabinets, countertops, and an island with bar seating. The kitchen also features stainless steel appliances, including a gas range, wall oven, built-in microwave, sleek modern vent hood, and refrigerator, as well as a beautiful flagstone backsplash. Additional features include a dedicated office with built-ins and a great view of the backyard, a spacious master bedroom leading to a spa-inspired master bath with a nice vanity and tile shower, and two additional well-sized bedrooms with ample closet space. The home also includes a, laundry room, added sunroom, fenced backyard, gutters, and a car garage.

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Location


Property Details


Parking

  • Description: Carport
  • Details: Garage, Parking Pad
  • Garage Spaces: 3
  • Spaces Total: 3

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Stories: 1
  • Basement Description: Crawl Space

Exterior Features

  • Exterior Walls Materials: Brick
  • Roof Type: Gable
  • Roof Material: Other

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 00167/00003/015
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Ranch
  • Year Built: 1972

Tax Information

  • Annual Tax: $1,771

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Location

  • County: Dougherty

Investment Summary


Monthly Cash Flow
-$220
Cap Rate
4.9%
Cash-on-Cash Return
-6.2%
Debt Coverage Ratio
0.77
Internal Rate of Return (5 years)
-2.0%

Purchase Details

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Purchase price:
$185,000
Amount financed:
-$148,000
Down payment:
$37,000
Closing costs:
$5,550
Rehab costs:
$0
Initial cash invested:
$42,550
Square feet:
1,634
Cost per square foot:
$113
Monthly rent per square foot:
$0.80

Financing Details

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Loan amount:
$148,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$969
Property tax:
$148
Insurance:
$91
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,208

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,300 $15,600
Vacancy loss: (6%)
6% -$78 -$936
Operating income:
$1,222 $14,664

Operating Expenses


% Rent Monthly Yearly
Property taxes: (11%)
11%-$148-$1,772
Insurance: (7%)
7%-$91-$1,092
Property management: (8%)
8%-$104-$1,248
Repairs & maintenance: (5%)
5%-$65-$780
Capital expenditures: (5%)
5%-$65-$780
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (36%)
36%-$473-$5,672

Cash Flow


Monthly Yearly
Net operating income:
$749 $8,988
Mortgage payments:
-$969 -$11,628
Cash flow:
$220 $2,640