2 Fair Oaks Dr

Little Rock, AR 72204
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3 bd, 2 ba | 1,511 sqft | Built in 1959

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List Price
$164,900

Initial Investment

$44,935

Purchase Price

$164,900

Down Payment

25%

Rent

$1,380

Total Return

$62,982

Annualized Return

19.7%

Cap Rate

6.3%

Gross Yield

10.0%

Cash Flow

$803

Appreciation

6.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,110

HOA

None

Flood Risk

Not Required

Darling home in the heart of Little Rock. This all brick home sits on a larger corner lot and features 3 bedrooms and 2 full baths. Kitchen is has white cabinets, glass tile back splash, stainless appliances and a breakfast bar. Kitchen/dining combo with built in desk area. Living room has wood floors and large windows with views of front yard. 3 good sized bedrooms. Fully fenced backyard with side entry carport. Just minutes to interstate access, shopping, food and Boyle Park.

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

Annual Financial Highlights

Expected Rent

$15,732

Expenses

-$2,964

Property Taxes

-$3,000

Loan Payments

-$8,965

Net Cash Flow

$803

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:Chrissy Dougherty
Edge Realty - Cabot
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24013318
Last Updated: 04/20/2024 22:04
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