1016 N Oaks Ln

North Little Rock, AR 72118
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3 bd, 2 ba | 1,669 sqft | Built in 1983

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List Price
$135,000

Initial Investment

$36,788

Purchase Price

$135,000

Down Payment

25%

Rent

$2,220

Total Return

$53,364

Annualized Return

27.9%

Cap Rate

13.2%

Gross Yield

19.7%

Cash Flow

$9,244

Appreciation

0.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

2,744

HOA

None

Flood Risk

Not Required

Welcome to this inviting 3-bedroom, 2-bathroom townhouse nestled in a desirable neighborhood. Upon entry, you are greeted by a spacious living room featuring a cozy fireplace, perfect for relaxing evenings. The separate dining room offers a lovely space for entertaining guests or enjoying family meals. The kitchen is well-appointed with modern appliances and ample cabinet space. Upstairs, the master bedroom boasts privacy and comfort, accompanied by two additional bedrooms, ideal for a growing family or guests. Outside, a convenient 1-car garage and car pad provide parking ease. This home combines comfort with functionality. About 5 minutes from Pulaski Collage and the NLR High school. A sought-after location, close to amenities.

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

Annual Financial Highlights

Expected Rent

$25,308

Expenses

-$7,474

Property Taxes

-$1,250

Loan Payments

-$7,339

Net Cash Flow

$9,244

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:Cathy Perry
Irealty Arkansas - Sherwood
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24026773
Last Updated: 07/26/2024 17:07
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.