31 W Point Dr

Maumelle, AR 72113
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3 bd, 2 ba | 1,815 sqft | Built in 2001

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List Price
$269,500

Initial Investment

$73,439

Purchase Price

$269,500

Down Payment

25%

Rent

$1,820

Total Return

$61,931

Annualized Return

12.9%

Cap Rate

5.4%

Gross Yield

8.1%

Cash Flow

-$933

Appreciation

4.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,148

HOA

None

Flood Risk

Not Required

No need to click your heels 3 times and repeat, “There’s no place like home,” because here it is! Seller has been making quality changes to this precious family home & here’s your opportunity to follow tree lined roads to one of Maumelle’s finest family neighborhoods. The home features beautiful hardwood flooring throughout main living areas and updated carpet in the bedrooms. The living room presents a wood burning fireplace framed by a custom mantle. The Main bedroom is spacious and features a sitting area and classic rustic barn style sliding door to the Main bath. Main bath features his and her closets, a large soaking tub and double vanity. The nicely appointed kitchen features granite counters, stainless appliances, and plenty of custom cabinet storage. In a word, “HURRY!”

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

Annual Financial Highlights

Expected Rent

$20,748

Expenses

-$4,580

Property Taxes

-$2,450

Loan Payments

-$14,651

Net Cash Flow

-$933

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:Steven Young Jr.
Residential Realty Group
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24013229
Last Updated: 04/22/2024 14:04
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