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Updated 3 months ago on .

User Stats

690
Posts
318
Votes
Aristotle Kumpis
  • Real Estate Coach
  • Lake Forest, CA
318
Votes |
690
Posts

Little Rock Rental Property - 5.99% Interest Rate - Brand New

Aristotle Kumpis
  • Real Estate Coach
  • Lake Forest, CA
Posted

Little Rock is a fantastic market to own rentals. The landlord laws are good, and the rental demand is very steady. This home is brand new, and off market. Its in a B area. The builder offers a 5.99% 30-year fixed conventional loan, which is hard to beat. DM me if you want more details.

-$239,500 Purchase Price

-4 bedroom/2 bath

-Brand new

-1,400 Sq ft

-5.99% conventional financing

-Seller gives 2% towards closing costs

-Free property management for 1 year

-Projected cash on cash return is 9%

-Projected cash flow is $400/month

  • Aristotle Kumpis