2600 Linda Kay Dr
Little Rock, AR 72206
List Price
$145,000
Initial Investment
$39,513Purchase Price
$145,000
Down Payment
25%
Rent
$1,260
Total Return
$51,973
Annualized Return
19.8%
Cap Rate
7.5%
Gross Yield
10.4%
Cash Flow
$2,226
Appreciation
5.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
23,958
HOA
None
Flood Risk
Not Required
Welcome to 2600 Linda Kay Drive! Key features of this home include a new metal roof installed in 2022, new vinyl flooring, and bathroom updates both completed in 2023. This home has great potential for first time buyers or investors. Fully fenced back yard for pet lovers. Washer and Dryer will convey. The Sara Lynn neighborhood offers a quiet yet convenient location only a few short minutes from I-530 and the growing East End community. Schedule your showings today! Property to be sold as is with seller doing no repairs.
See more in Analysis
Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617
Annual Financial Highlights
Expected Rent
$14,364Expenses
-$2,905Property Taxes
-$1,350Loan Payments
-$7,883Net Cash Flow
$2,226See 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:Randy Sumbles
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Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24012968
Last Updated: 04/22/2024 18:04
MLS #24012968
Last Updated: 04/22/2024 18:04