1318 W 13th St

Little Rock, AR 72202

6 bd, 4 ba | 2,088 sqft | Built in 1940

List Price
$140,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,500

Total Return

$40,438

Annualized Return

15.3%

Cap Rate

6.6%

Gross Yield

12%

Cash Flow

$881

Appreciation

4.3%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Property Type

Duplex

Lot Size

0

HOA

None

Flood Risk

Not Required

Looking to add to your investment portfolio! This a great opportunity located in the heart of Central Arkansas, in a neighborhood with a strong rental market. This duplex features two 3 bed, 2 bath units. Both units are rented and occupied, tenants paying $750 each in rent for a total of $1,500 monthly. Don't wait, this one is priced to sell.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$4,565

Property Taxes

-$3,500

Loan Payments

-$8,155

Net Cash Flow

$881

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:Ryan Stephens
Real Broker, Llc
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #22019543
Last Updated: 08/29/2022 19:08
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.