96 Amaco Dr

Lonoke, AR 72086
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3 bd, 2.5 ba | 1,700 sqft | Built in 2011

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List Price
$305,000

Initial Investment

$83,113

Purchase Price

$305,000

Down Payment

25%

Rent

$1,730

Total Return

$58,353

Annualized Return

10.6%

Cap Rate

4.4%

Gross Yield

6.8%

Cash Flow

-$3,658

Appreciation

4.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

43,560

HOA

None

Flood Risk

Not Required

Here's your 2-story dream house, folks! This beauty features 3 bedrooms and 2 baths upstairs, with a half bath downstairs. Carpet in the bedrooms only with updated LVP throughout. New fence, gutters, french drain, hvac system, and flooring. Refrigerator stays.. BUT WAIT there's more! The detached in-law suite features another 750sqft of livable space and another garage for the rest of your family! Fully equipped with a kitchenette, bathroom, and internet. Oh, and it's all of ONE FULL ACRE. Call your REALTOR, quick! Approx: 30 minute drive to LRAFB, 10 min and less for shopping List of all updates available upon request.

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

Annual Financial Highlights

Expected Rent

$19,722

Expenses

-$4,249

Property Taxes

-$2,550

Loan Payments

-$16,581

Net Cash Flow

-$3,658

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:Samantha Dailey
Edge Realty - Cabot
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24012071
Last Updated: 04/10/2024 12:04
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