1601 Larkspur Dr

Arlington, TX 76013
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3 bd, 2 ba | 1,608 sqft | Built in 1955

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List Price
$195,000

Initial Investment

$53,008

Purchase Price

$190,100

Down Payment

25%

Rent

$1,500

Total Return

$82,278

Annualized Return

19.6%

Cap Rate

4.4%

Gross Yield

9.5%

Cash Flow

-$2,574

Appreciation

8.7%
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Features

Occupancy

Occupied

Lease Start

10/08/2019

Lease End

03/31/2021

Lot Size

9,600

HOA

None

Flood Risk

Not Required

  • Seller to offer $1,500 credit in closing towards repairs per inspection report

See more in Analysis

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Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$4,339

Property Taxes

-$5,000

Loan Payments

-$10,335

Net Cash Flow

-$2,574

See more in Financials

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