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