515 E Elm St
Cabot, AR 72023
List Price
$165,000
Initial Investment
$44,963Purchase Price
$165,000
Down Payment
25%
Rent
$1,410
Total Return
$53,413
Annualized Return
18.3%
Cap Rate
7.2%
Gross Yield
10.3%
Cash Flow
$2,341
Appreciation
4.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,730
HOA
None
Flood Risk
Not Required
Welcome to this newly updated 3 bedroom, 1 bathroom home that has been completely renovated in 2022. Step inside to find fresh paint throughout, new luxury vinyl plank flooring, a brand new HVAC system and roof, updated plumbing and electrical, and all new fixtures. The kitchen has been upgraded with beautiful granite countertops, new appliances, and a breakfast bar. The spacious back yard, mature shade trees, and deck will be perfect for your summer cookouts. If you're looking for a move-in ready property with modern finishes and updates don't miss out on the opportunity to make this beautiful house your new home!
See more in Analysis
Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617
Annual Financial Highlights
Expected Rent
$16,074Expenses
-$3,063Property Taxes
-$1,700Loan Payments
-$8,970Net Cash Flow
$2,341See 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.
Similar Listings
Listing Courtesy of:Nicholas Tourville
Arkansas Homes & Land
Arkansas Homes & Land
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 #24012399
Last Updated: 04/12/2024 17:04
MLS #24012399
Last Updated: 04/12/2024 17:04