• Year built: 1982
  • Lot size: 3310 sq ft
  • Area: 855 sq ft
  • Bathrooms: 1
  • Bedrooms: 3
  • Owner Financing Available : Yes

Description

Fixer upper in Osceola, Arkansas that needs some fixing up but, is a great opportunity for a first time buyer or experienced investor.

508 E Washington Ave Osceola, AR 72370

3 Beds / 1 Bath  1,059 square feet

Cash Price:  $45,000 or best offer

Financing Available:  $2,500 down,  $595 month

Average Rents in Area:  $1,100

Fix up and make a rental:

$14,500 purchase price

$500 closing costs

$8,000 estimated repairs

Total Invested:  $23,000

Gross Annual Rent:  $9,100

Insurance Cost $1000 yr

Property Tax Cost $1000 yr

Mgmnt Co: $1320

Vacancy:  $1320

Repairs / Maintenance:  $1320

NOI:  7%

 

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