Perfect for Out of State/ Beginner Investor: Turnkey, Rehabbed, Cash Flowing Duplex

[Laura Navaquin]

I usually don't post properties under contract, however this one is just too hot not to. It's a fully renovated, turnkey investment that is already cash flowing and ready to go from the start.

Here’s a quick overview:

-Duplex – Paragould, AR (20 mins from Jonesboro)

-Price: $215,000

-ARV: $250,000

-Monthly Rent Paid by the 2 tenants: $1,850

-Annual Expenses: ~$2,093

-NOI: $20,107.31

-Cap Rate: ~7.42%

-Current Tenants pay ALL utilities

-Low property taxes

-Fully rehabbed, minimal / no foreseeable maintenance

-Market appreciation, 6-8% annually

-Already managed by a management company

-Cash Flow after ALL expenses is over $600 monthly

This is the type of property that works well for both new and experienced

investors, YES EVEN OUT OF STATE INVESTORS! It is offering strong returns with low hassle and solid market fundamentals.

Please don’t hesitate to reach out with any questions you may have, or to discuss next steps if you're interested in moving forward at [email protected] . We're prioritizing serious cash buyers, and given the level of interest, we expect this to move quickly.