11023 Charlotte Dr

Mabelvale, AR 72103
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3 bd, 1 ba | 1,192 sqft | Built in 1993

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List Price
$110,000

Initial Investment

$28,340

Purchase Price

$104,000

Down Payment

25%

Rent

$900

Total Return

$33,449

Annualized Return

17.7%

Cap Rate

6.8%

Gross Yield

10.4%

Cash Flow

$875

Appreciation

5.0%
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Features

Occupancy

Occupied

Lease Start

07/31/2020

Lease End

07/31/2022

Lot Size

16,200

HOA

None

Flood Risk

Not Required

  • Located close to interstates, local entertainment, community schools, and restaurants
  • 3 bedroom / 1 bath located in Shannon Hills
  • Main living area has laminate flooring and the bedrooms have tile flooring
  • Spacious living room, a dining room, and a den
  • Kitchen and bathroom have tile flooring

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Annual Financial Highlights

Expected Rent

$10,260

Expenses

-$2,631

Property Taxes

-$1,100

Loan Payments

-$5,654

Net Cash Flow

$875

See more in Financials

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