203 Calloway Ave

Sherwood, AR 72120
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3 bd, 3 ba | 2,028 sqft | Built in 1980

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List Price
$199,000

$16K

Initial Investment

$54,228

Purchase Price

$199,000

Down Payment

25%

Rent

$1,690

Total Return

$59,352

Annualized Return

17.3%

Cap Rate

7.3%

Gross Yield

10.2%

Cash Flow

$2,839

Appreciation

4.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,110

HOA

None

Flood Risk

Not Required

If you’re looking for move in ready home in Sherwood, this is the home for you. Inside, you’re welcomed with your large living with the wood burning fire to find a highly functional split floor plan. Your kitchen was fully remodeled (in 2020), that features all updated appliances that can stay. Near the kitchen is your dining that opens nicely to your backyard that’s flat & fully fenced. Your primary suite is privately set apart with the spacious closet. Don’t miss the office, or that Each guest bed has its own private bath. Plus, I know you’ll enjoy this she-shed / man-cave, depending on on who claims it first. We’re excited for you to come and see if it’s yours. 203 Calloway Avenue

See more in Analysis
Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$19,266

Expenses

-$3,659

Property Taxes

-$1,950

Loan Payments

-$10,819

Net Cash Flow

$2,839

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:Chase Rackley
Rackley Realty
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24013110
Last Updated: 04/29/2024 21:04
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.