Off-Market Property at 3112 Potter St, Little Rock, AR, 72204
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3112 Potter St, Little Rock, AR, 72204

$154,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $153 per day and long-term for an average of $1,380 per month, based on similar listings in the area. Estimated short-term cap rate of 11.1%. Estimated long-term cap rate of 3.2%. Wonderfully updated home. New paint throughout the house. The kitchen has new granite countertops, subway tile backsplash, a new gas stove, newly painted cabinets and new faucet. Two separate living areas on the main level both have new luxury vinyl plank flooring and bedrooms have new carpet. Both bathrooms have solid surface countertops with one being granite and one being cultured marble. New ceiling fans and new blinds. Downstairs, there are two bedrooms, a full bathroom and an additional bonus room with a door that exits to the backyard. New roof 2023.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1842
Bedrooms
3
Bathrooms
2
SQFT
1,820
Furnished
unknown
Year built
1962
Listing Status
Off Market
MLS
24023141

Short-term Rental Potential
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$28,704

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$84

Price/SQFT

Long-term Rental Potential
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$16,560

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,380/mo

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