723 Highway 53

Mayflower, AR 72106
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3 bd, 2 ba | 1,452 sqft | Built in 2000

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List Price
$132,000

$8K

Initial Investment

$38,743

Purchase Price

$133,000

Down Payment

25%

Rent

$1,400

Total Return

$49,119

Annualized Return

19.7%

Cap Rate

8.1%

Gross Yield

12.6%

Cash Flow

$2,785

Appreciation

5.0%
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Features

Occupancy

Vacant

Lease Up Guarantee

Yes

Lot Size

11,192

HOA

None

Flood Risk

Not Required

This home is super cute and ready for itâs new owners. Run, donât walk to view this property!! Itâs very close to dining and shopping. Letâs not forget the bonus room which would make a great office or anything youâd like. Please see agent remarks.

See more in Analysis
Gray Hall
Evernest Too, LLC
AR Agent License #PB00089787

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$4,195

Property Taxes

-$1,750

Loan Payments

-$7,231

Net Cash Flow

$2,785

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Victoria Stender
Re/Max Elite Conway Branch
Certified Agent Brokerage:Gray Hall
Evernest Too, LLC
AR Brokerage License PB00089787
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #22016784
Last Updated: 06/13/2022 18:06
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.