Investment Properties in Arkansas
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12 Linkay ct. Little Rock, AR 72209
Availability: Today
Estimated Market Value: $48,000- $70,000
Wholesale Price: $47,000
Vitals: 900 SQFT, 2 Bedrooms, 1 Bathroom
Built: 1964
Needs: This house needs almost nothing. This home has been updated with new appliances(except refrigerator), new floor covering, recent AC/Heating Unit, and recent hot water heater. The roof is about 10 years old. Solid foundation.
Fix Up Cost Estimate: $200-300
Repair Time Estimate: 1 day
Advantages: The seller is retiring, tired of tenants and toilets, and ready to sell. Great starter home or investment property close to everything. Minutes from downtown or Benton/Bryant area. This home has been updated. Inside is move in ready. Property is located in very desirable rental corridor, it is ready to rent.
Profit Potential: $19,000
Or keep for a rental/lease option.
Rent potential income: $700/month* 12/months= $8,400/year
Or
Lease Option
Down: 10,000(Year 1)
Rent: 700/ month* 12 months= 8,400
Total Year 1 Lease Income: 18,400