Single family fixer upper in Little Rock. We recently purchased this property in a bulk sale from the bank and are looking to sell it to a local investor that would like to add it to their rental portfolio. Estimated after repair value of $80,000 leaves plenty of room to make the repairs and have a profitable rental. Average rents in the area are $880 a month for a 3 bedroom home which would be about a 16% return on investment after, vacancy, CapEx, maintenance, taxes and insurance expenses and putting $10,000 in repairs into the property. Manage it yourself and that number goes up. You can get more information on this property and see all of our inventory on our website at www.OdellBarnesREO.com

Comparable Sales

1915 S. Izard St Little Rock 3/2 1,552 sq ft Built 1930 Sold 3/8/18: 78,500

806 W 19th St Little Rock 2/2 1,000 sq ft Built 1910 Sold 3/2/18 $70,000

1804 Bishop St Little Rock 3/2 1,398 sq ft Built 1935Sold 2/13/18 $86,000