12 Falcon Dr

Conway, AR 72032
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3 bd, 2 ba | 1,405 sqft | Built in 2002

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List Price
$160,000

Initial Investment

$43,600

Purchase Price

$160,000

Down Payment

25%

Rent

$1,460

Total Return

$68,988

Annualized Return

23.0%

Cap Rate

7.9%

Gross Yield

10.9%

Cash Flow

$3,258

Appreciation

5.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

33,093

HOA

None

Flood Risk

Not Required

Welcome home. Quite country living with the convenience of being 15 minutes from Conway and 15 minutes from Vilonia. This house has 3 bedrooms and 2 full bathrooms, corner lot, tall cathedral ceiling in the main living room, kitchen and dining combo, huge laundry room, a bonus room, and large backyard with a two story storage building. Sq ft is approx. Please measure.

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

Annual Financial Highlights

Expected Rent

$16,644

Expenses

-$3,287

Property Taxes

-$1,400

Loan Payments

-$8,698

Net Cash Flow

$3,258

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:Scott Nauman
Michele Phillips & Co. Realtors
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24026545
Last Updated: 07/25/2024 11:07
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.