1121 Parker St

North Little Rock, AR 72114
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3 bd, 2 ba | 1,116 sqft | Built in 1954

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List Price
$119,900

Initial Investment

$32,673

Purchase Price

$119,900

Down Payment

25%

Rent

$890

Total Return

$31,879

Annualized Return

15.1%

Cap Rate

6.4%

Gross Yield

8.9%

Cash Flow

$620

Appreciation

4.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,839

HOA

None

Flood Risk

Not Required

This little bungalow was remodeled from the studs! New wiring, new plumbing, new windows, fresh paint and great LVP flooring! Perfect home for that adventurous buyer looking to be close to all the activities downtown North Little Rock has to offer! Only moments away from the River Walk, fabulous dining and Dickey Stephens Baseball Park! Please see AGENT REMARKS!

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

Annual Financial Highlights

Expected Rent

$10,146

Expenses

-$1,907

Property Taxes

-$1,100

Loan Payments

-$6,518

Net Cash Flow

$620

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:Alicia Averitt Haley
Porchlight Realty Nlr
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24012523
Last Updated: 04/13/2024 19:04
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.