5115 Lakeview Rd

North Little Rock, AR 72116
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3 bd, 2 ba | 2,050 sqft | Built in 1955

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List Price
$198,500

Initial Investment

$54,091

Purchase Price

$198,500

Down Payment

25%

Rent

$1,720

Total Return

$62,267

Annualized Return

17.7%

Cap Rate

7.1%

Gross Yield

10.4%

Cash Flow

$2,452

Appreciation

4.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

22,869

HOA

None

Flood Risk

Not Required

Want a 3 BR, 2 bath home in very popular area of NLR, this is it! Needs some updating but will be a beautiful home for your family. Large living room with huge window overlooking the front yard. Den with fireplace that leads out to a partially covered patio. Nothing behind you so lots of privacy. Bedrooms are nice size and primary bedroom has walk-in shower. Plenty of storage throughout the home. Two car carport, all brick exterior. Crestwood School within walking distance. No Sellers Disclosure available

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

Annual Financial Highlights

Expected Rent

$19,608

Expenses

-$3,764

Property Taxes

-$2,600

Loan Payments

-$10,792

Net Cash Flow

$2,452

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:Gail Ott
Re/Max Elite Nlr
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24012194
Last Updated: 04/11/2024 00:04
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.