28 Wesley Dr

Sherwood, AR 72120
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3 bd, 2 ba | 1,898 sqft | Built in 2001

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List Price
$225,000

Initial Investment

$61,313

Purchase Price

$225,000

Down Payment

25%

Rent

$1,810

Total Return

$61,186

Annualized Return

15.7%

Cap Rate

6.7%

Gross Yield

9.7%

Cash Flow

$2,094

Appreciation

4.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Spacious home on a quiet Sherwood street! The large living area, split floor plan, and numerous closets make this custom built home a perfect fit for your family. The dedicated office space allows for working from home without using a bedroom! The large primary bedroom includes a walk in closet along with ensuite bathroom that boasts double sinks and tub/shower. Hardwood floors flow through the entry, office and living room where a wood burning fireplace with gas logs anchors the room. The kitchen features oak cabinetry, formica countertops, and tile flooring. New dishwasher and stove in 2018. New carpet was installed in the bedrooms in 2018. The low maintenance exterior is brick and vinyl siding. The large deck overlooks the fully fenced backyard.

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Tara Helgestad
Lotus Realty, LLC
AR Agent License #PB00079617

Annual Financial Highlights

Expected Rent

$20,634

Expenses

-$3,808

Property Taxes

-$2,500

Loan Payments

-$12,232

Net Cash Flow

$2,094

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:Kerry Dare
Porchlight Realty Nlr
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24026525
Last Updated: 07/26/2024 18:07
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