Cash Cow
*** ********* ***, ********, AR
18.74% return
LP:
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Property Description

Steal this property before it hits the market! Amazing investment opportunity. Renovated concrete quadplex. Fresh paint. Rents for $450/month. City water and sewer. Separate electric meters. Very inexpensive to own and maintain. Professional property management is available. Do not miss out on this property.

Property Information

  • Listing statusActive
  • Property typeMulti Family
  • Total units4
  • Total bedrooms4
  • Total bathrooms4
  • Building size2688 sq. ft.
  • Lot size0.2 acres
  • Year built1967
  • County******** County
  • Subdivision********** *********
  • ConstructionCBS
  • Roof(unknown)
  • Water sourceCity
  • Water disposalSewer
  • HeatingWindow Unit
  • CoolingWindow A/C

Property Financial Summary

  • Asking price $75,000
  • Estimated rehab 1 $0
  • Total investment $75,000
  • Type Proforma
  • Gross income (annually) $21,600
  • Operating expenses (annually) $7,544
  • Net income (annually) $14,056
  • Gross return 28.80%
  • Gross income (monthly) $1,800
  • Operating expenses (monthly) $629
  • Net income (monthly) $1,171
  • Net return 18.74%

Property Income & Expenses

  • Income
  • Unit 1: 1 bed / 1 bath $450/month $5,400/year
  • Unit 2: 1 bed / 1 bath $450/month $5,400/year
  • Unit 3: 1 bed / 1 bath $450/month $5,400/year
  • Unit 4: 1 bed / 1 bath $450/month $5,400/year
  • Total $1,800/month $21,600/year
  • Expenses
  • Property Taxes $19/month $224/year
  • Insurance $150/month $1,800/year
  • Maintenance reserve $250/month $3,000/year
  • Lawn care $30/month $360/year
  • Property Management $180/month $2,160/year
  • Total $629/month $7,544/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Q: Why is the property address and location information hidden?
A: This property is a premium property and is completely off-market. Full access is available to premium clients only. If you are not a premium client, we require to have an executed non-disclosure agreement on file in order to share the property details with you.

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This is a premium off-market property. In order to unlock the address, you will need to sign a non-disclosure agreement. Please sign up or sign in into your account to get started.

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