10 Summerwood Dr

Benton, AR 72019
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3 bd, 2 ba | 1,424 sqft | Built in 1988

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List Price
$214,000

Initial Investment

$58,315

Purchase Price

$214,000

Down Payment

25%

Rent

$1,530

Total Return

$79,141

Annualized Return

19.0%

Cap Rate

5.9%

Gross Yield

8.6%

Cash Flow

$328

Appreciation

6.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,643

HOA

$6/mo

Flood Risk

Not Required

Newly updated split BR plan home includes great room with WB FP and gas logs, new LVP floor coverings, new paint, kitchen with all new SS appliances, countertops, sinks & faucets, recessed lighting, ceiling fans, light fixtures and so much more. The main BR has a 6' whirlpool tub & shower with nice walk in closet, sklylight and stained glass window. The exterior also boasts lots of new things: vinyl siding, roof, gutters (coming soon), motion lights and under soffit lighting that is dusk to dawn sensored. 2-car garage has new opener & keyless entry. Location is great on a cul-de-sac street in quiet subdivision near downtown Benton and I-30. Easy to show. Make appointment to view this nice home.

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NEIGHBORHOOD

SCHOOLS

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Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$17,442

Expenses

-$3,180

Property Taxes

-$2,300

Loan Payments

-$11,634

Net Cash Flow

$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

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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:Pat Mote
Cbrpm Saline County
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24041758
Last Updated: 11/17/2024 21:11
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.