14 Encantado Way

Hot Springs Village, AR 71909
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3 bd, 2 ba | 2,139 sqft | Built in 1993

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List Price
$199,000

Initial Investment

$54,228

Purchase Price

$199,000

Down Payment

25%

Rent

$1,810

Total Return

$119,644

Annualized Return

27.7%

Cap Rate

7.1%

Gross Yield

10.9%

Cash Flow

$2,509

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,983

HOA

$113/mo

Flood Risk

Not Required

Desirable East end location in a Lake Balboa neighborhood! One level home with spacious rooms waiting for you to put your personal touch. Generous cabinetry in the kitchen. Split bedrooms with a large primary suite and walk in closet. Fenced back yard with raised garden beds. Two car garage with extra storage! Buyers encouraged to have a home inspection but seller will not make repairs. New buyers have a $2000 buy in fee payable to POA at closing.

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NEIGHBORHOOD

SCHOOLS

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Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$20,634

Expenses

-$5,426

Property Taxes

-$1,880

Loan Payments

-$10,819

Net Cash Flow

$2,509

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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:Susie Burns
RE/MAX of Hot Springs Village
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #25003403
Last Updated: 01/27/2025 19:01
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.