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Updated 7 days ago on . Most recent reply

User Stats

703
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Aristotle Kumpis
  • Real Estate Coach
  • Lake Forest, CA
320
Votes |
703
Posts

Little Rock Duplex - Seller Financing

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

Brand new duplex, to be completed next month in Little Rock Arkansas. Seller financing with only 20% down!

-$264,900 purchase price

-$2,190 gross monthly rents

-Low property taxes (approx $1,200/year)

-Very landlord friendly state

-Property management in place

-Seller financing at 4.99% fixed for 3 years with only 20% down

-Projected cap rate of 7.9%

-Projected monthly cash flow of $600/month

  • Aristotle Kumpis
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