7206 Skylark Dr

Little Rock, AR 72209
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3 bd, 2 ba | 1,024 sqft | Built in 1967

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For Sale

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List Price
$105,000

$10K

Initial Investment

$30,613
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$105,000

Down Payment

25%

Rent

$895

Total Return

$30,083

Annualized Return

15.7%

Cap Rate

7.2%

Gross Yield

10.2%

Cash Flow

$1,328

Appreciation

4.3%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Lot Size

7,449

HOA

None

Flood Risk

Not Required

Recently fully updated including HVAC, paint, flooring, fixtures, fence, wh and so much more! What a great investment property. Home is currently leased at $895.00 until 2/29/24 ** see agent remarks

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

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Annual Financial Highlights

Expected Rent

$10,203

Expenses

-$2,640

Property Taxes

-$527

Loan Payments

-$5,708

Net Cash Flow

$1,328

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:Tara Helgestad
Agent License PB00079617
Lotus Realty, LLC
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #22027334
Last Updated: 09/21/2022 11:09
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.