5 Donaghey Ct

North Little Rock, AR 72116
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3 bd, 2 ba | 2,267 sqft | Built in 1970

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List Price
$217,900

Initial Investment

$59,378

Purchase Price

$217,900

Down Payment

25%

Rent

$3,100

Total Return

$115,120

Annualized Return

30.5%

Cap Rate

11.4%

Gross Yield

17.1%

Cash Flow

$11,501

Appreciation

4.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Don't miss your opportunity to love this nostalgic Lakewood home! Located on a cul-de-sac with views of the school fields, this charmer has lots of space for everyone. Kitchen with wood cabinets (even an original lazy susan & wall can opener), lots of counter space, double wall ovens and electric cooktop open to the eat-in area & family room/den. There is also a large formal living/dining room. Two good sized bedrooms with a large hall bath w/ walk-in shower are found on the main level. Downstairs, there is one more bedroom, bathroom and living space with lots of storage. Large utility/laundry room right off of kitchen leading to carport. There is a second laundry closet downstairs. Don't miss the oversized workshop/tornado shelter with electricity under the house. Large fenced yard with deck. Windows are less than 4 years old. Refrigerator, freezer and dryer can convey. Home is part of an estate. There is no disclosure and it's being sold as-is. Agents see remarks.

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

Annual Financial Highlights

Expected Rent

$35,340

Expenses

-$9,143

Property Taxes

-$2,850

Loan Payments

-$11,846

Net Cash Flow

$11,501

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 #24026524
Last Updated: 07/25/2024 13:07
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