1217 Jennifer Dr

Little Rock, AR 72212
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3 bd, 2.5 ba | 2,459 sqft | Built in 1978

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List Price
$331,900

Initial Investment

$90,443

Purchase Price

$331,900

Down Payment

25%

Rent

$2,120

Total Return

$67,113

Annualized Return

11.3%

Cap Rate

4.9%

Gross Yield

7.7%

Cash Flow

-$2,678

Appreciation

4.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

$0/mo

Flood Risk

Not Required

Don't miss this beautiful stately 2 story home located in a wonderful WLR neighborhood. This spacious home features 3 BR & 2 1/2 with a formal living room, dining room, and family room with a wood burning fireplace. The kitchen offers an eat-in area, kitchen island, breakfast bar, built-ins and newly installed backsplash. The oversized laundry room has a sink and extra storage. The 2 car garage has ample shelving and storage. Upstairs, there is an office off the Master Suite, a walk-in shower & large walk-in closet. Outside, this home offers the perfect covered deck overlooking a large backyard. Looking out windows in kitchen and family room make you feel that you are in a tree house! An extra storage room on back of house can be a multi-use area. The perfect home for you! Come see it! See Agent Remarks.

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

Annual Financial Highlights

Expected Rent

$24,168

Expenses

-$4,302

Property Taxes

-$4,500

Loan Payments

-$18,044

Net Cash Flow

-$2,678

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:Mary Crismon
Janet Jones Company
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24012990
Last Updated: 04/19/2024 20:04
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