$105,000 · PULASKI COUNTY, LITTLE ROCK, AR 72204
Works for flippers · Works for landlords

Available

$105,000Asking price

3 bd · 2 ba · 1,460 sq ft · built 1952

PULASKI COUNTY, LITTLE ROCK, AR 72204

No contract on file

Listed an hour ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)Backed by 3 comps: $164,000
Asking price: −$105,000
RepairsMiddle of the seller’s $12,000 – $25,000. Ours: $19,000 – $39,500: −$18,500
Loan, holding, closing20% down, 12% interest, 2 points, 67 days: −$11,600
Profit17.6% of ARV · flippers want 10%+: $28,900
Works

Works for a flipper up to $116,000.

SIMPSON INVESTMENT PROPERTIES LLC

Zach Simpson

No reviews yet

Comps

Sales

Rents

ARV $164,000

Backed by comps

Investimate’s value for the 3 sales the seller picked.

The sales behind this value are shown to members.

ARV $164,000

Backed by comps

Investimate’s value for the 3 sales the seller picked.

The sales behind this value are shown to members.

SIMPSON INVESTMENT PROPERTIES LLC

Zach Simpson

No reviews yet

Seller Description

Little Rock, AR — 3 bed / 2 bath SFR (1,460 sf) offered at $105,000 against a $164,000 ARV. That’s a 36% discount to ARV with an estimated $29,900 flip profit on the table. Flip case: ARV $164,000 with a 36% discount below ARV. Projected spread/profit is $29,900 with an estimated 22% ROI and an 18% margin (per analysis). Rental case: estimated rent is $1,400/month. Projected monthly cash flow is $247 with a 9.2% cap rate and 14.1% cash-on-cash return (assumptions: 20% down, 7% rate, 30-year, 20% expenses, 8% vacancy; 25 rent comps used). Condition is light cosmetic rehab with an estimated $10,000–$25,000 repair range. Value-add is straightforward: clean up/refresh to market standard to capture the $164,000 ARV. Brand new HVAC will be installed this week which will be included. Cash buyers preferred with a quick close.