*** ********* ***, ********, AR
19.46% return
SP:
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Property Description

HANDYMAN SPECIAL!!! 

Cheap house. 3bed/1bath. City water and sewer. Light cosmetic repairs are needed. Will easily rent for $750/month. 19.46% NET RETURN ON INVESTMENT!! $25K INSTANT EQUITY AFTER RENOVATIONS! 

Professional property management and financing is available. 

Property Information

  • Listing statusPending
  • Property typeSingle Family
  • Total bedrooms3
  • Total bathrooms1
  • Building size1828 sq. ft.
  • Lot size0.2 acres
  • Year built1924
  • County******** County
  • Subdivision********** *********
  • ConstructionBrick
  • RoofShingle
  • Water sourceCity water
  • Water disposalSewer
  • HeatingCentral
  • CoolingCentral air

Property Financial Summary

  • Sale price $24,900
  • Estimated rehab 1 $10,000
  • Total investment $34,900
  • Type Proforma
  • After repair value $59,900
  • Potential profit $25,000
  • Gross income (annually) $9,000
  • Operating expenses (annually) $2,210
  • Net income (annually) $6,790
  • Gross return 25.79%
  • Gross income (monthly) $750
  • Operating expenses (monthly) $184
  • Net income (monthly) $566
  • Net return 19.46%

Property Income & Expenses

  • Income
  • 3 bed / 1 bath $750/month $9,000/year
  • Total $750/month $9,000/year
  • Expenses
  • Property Taxes $11/month $130/year
  • Lawn care $40/month $480/year
  • Insurance (estimated) $67/month $800/year
  • Maintenance reserve $67/month $800/year
  • Total $184/month $2,210/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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