14009 Applegate Pl

Little Rock, AR 72210
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3 bd, 2.5 ba | 2,660 sqft | Built in 1976

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List Price
$289,900

Initial Investment

$78,998

Purchase Price

$289,900

Down Payment

25%

Rent

$1,900

Total Return

$58,184

Annualized Return

11.0%

Cap Rate

4.4%

Gross Yield

7.9%

Cash Flow

-$3,746

Appreciation

4.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,193

HOA

$45/mo

Flood Risk

Not Required

Make your dream home a reality! Outstanding buy on this beautiful home in the Otter Creek Community. Amenities include swimming pool, tennis courts, club house, playground and much more. Conveniently located between Benton and Little Rock. Updates include roof, two new HVAC units, granite countertops in kitchen and new paint. Features huge master bedroom with fireplace, formal dining room, bonus room and lots of storage space. Large fenced backyard with double decks. Refrigerator stays. MUST SEE

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

Annual Financial Highlights

Expected Rent

$21,660

Expenses

-$4,395

Property Taxes

-$5,250

Loan Payments

-$15,760

Net Cash Flow

-$3,746

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:Terri Wise
Old South Realty
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24026267
Last Updated: 07/23/2024 18:07
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.