19 Erwin Dr

Austin, AR 72007
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3 bd, 2 ba | 1,480 sqft | Built in 2023

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List Price
$220,500

Initial Investment

$60,086

Purchase Price

$220,500

Down Payment

25%

Rent

$1,480

Total Return

$64,368

Annualized Return

15.8%

Cap Rate

5.6%

Gross Yield

8.1%

Cash Flow

$137

Appreciation

5.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Welcome to this stunning 2023 build! This 3-bedroom, 2-bathroom home features a modern open floor plan perfect for both entertaining and everyday living. You will love the large open kitchen with the long bar, perfect for extra seating! Pantry is in the laundry room. The spacious primary bedroom offers privacy with its own separate bathroom, creating a relaxing retreat. This home feels like brand new and is in excellent condition! Enjoy outdoor living on the covered back porch. Don't miss this opportunity to own a beautifully designed, move-in-ready 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

$16,872

Expenses

-$2,497

Property Taxes

-$2,250

Loan Payments

-$11,988

Net Cash Flow

$137

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:Danielle Newton
Porchlight Realty
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24040470
Last Updated: 11/06/2024 23:11
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.