1 Winchester Dr

Little Rock, AR 72209
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3 bd, 1 ba | 1,175 sqft | Built in 1960

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List Price
$129,900

Initial Investment

$35,398

Purchase Price

$129,900

Down Payment

25%

Rent

$1,030

Total Return

$34,220

Annualized Return

15.0%

Cap Rate

6.4%

Gross Yield

9.5%

Cash Flow

$612

Appreciation

4.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,276

HOA

None

Flood Risk

Not Required

Perfect house as a starter home for first time homebuyer or to add to your portfolio to rent. It has have a lot of updates. Cute house in corner lot. New roof, updated electric, updated plumbing, new HVAC and water heater. Fresh paint and laminated flooring. Also, new stove and refrigerator. The shed in the back is a plus, fully fenced back yard with gate. The house has 3 bedrooms and an additional room that could be a fourth bedroom or a second living area. Really the updates are more than regular remodels in the area.

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NEIGHBORHOOD

SCHOOLS

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Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$11,742

Expenses

-$2,268

Property Taxes

-$1,800

Loan Payments

-$7,062

Net Cash Flow

$612

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

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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:Gloria Quezada
Truman Ball Real Estate
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24042358
Last Updated: 11/22/2024 02:11
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.