34 Kensington Dr

Conway, AR 72034
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3 bd, 2 ba | 1,915 sqft | Built in 1988

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List Price
$289,000

Initial Investment

$78,753

Purchase Price

$289,000

Down Payment

25%

Rent

$1,690

Total Return

$76,133

Annualized Return

14.0%

Cap Rate

4.8%

Gross Yield

7.0%

Cash Flow

-$2,525

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,998

HOA

None

Flood Risk

Not Required

Great family home renovated in 2023. Located in the well-established, quiet subdivision of Bainbridge. Just mins from Conway Country Club, with easy access to shopping and I-40. The dining room is currently used as an office and with some creativity could be a 4th bedroom. The vaulted living room ceiling adds a touch of elegance to the floor plan. The kitchen fridge, washer and dryer will convey with sale and all are apx a year old. The huge backyard has room to play all day. The Deck is inviting for all your outdoor activities. Sellers are in process of finishing stain on Deck and will be completed in few days

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

Annual Financial Highlights

Expected Rent

$19,266

Expenses

-$3,429

Property Taxes

-$2,650

Loan Payments

-$15,712

Net Cash Flow

-$2,525

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:Joseph Poulson
Faulkner County Realty Inc.
Certified Agent Brokerage:Tara Helgestad
Lotus Realty, LLC
AR Brokerage License 85-4025750
SourceCooperative Arkansas Realtors Multiple Listings Services, Inc.
MLS #24026635
Last Updated: 07/25/2024 19:07
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