Investment Properties in Arkansas
This is a 2 bed / 1 bath home in a nice pocket of NLR. You could enclose the garage to make a 3rd bedroom.
Property needs mold remediation and a rehab throughout. Some sheetrock work has been done and could be salvaged. Several news windows have been installed. Structure and brick siding are sound but will need pretty everything else (roof, HVAC, water heater, kitchen, bath, flooring, paint, and finish work).
There’s $25-35K of equity in this deal and cash flow if you decide to keep as a long term rental or sell owner financing. Could be a low barrier to entry flip as well.
ARV: $85-95K
Rehab: $25,000-$35,000
Rent: $800
Sales Price: $29,360