3 bd · 2.0 ba ·
2,480 sqft ·
Built 1986
· SingleFamily
· Active
· 289 DOM
Cashflow @ list (25.0% down · 7.5%)
Estimated rent
$1,168/mo
Mortgage (P&I)
−$577
Tax + insurance
−$131
HOA
−$0
Vac / Maint / Mgmt
−$245
Net cashflow
$215/mo
Annual
$2,576/yr
Cap rate
8.64%
Cash-on-cash
8.36%
DSCR
1.37
1% rule
1.06%
Cash to close
$30,800
Investor read
This is a 3-bed/2.0-bath single-family listed at $110k.
At list price, monthly cash flow is $215 ($3k/yr) — positive.
The deal already cash-flows at list — no discount required.
Meets the 1% rule at list price ($1k rent vs $110k).
It's been on market 289 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
In year one you build about $4k of equity ($761 loan paydown + $3k appreciation (3.0% local appreciation)).
Location reads 58/100 on livability (#317 in AR) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A-; Watch: employment D+, schools F, crime F.
County Line School District (rural): math 40% / reading 47% proficiency, ranked #45 of 238 in AR (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
Market conditions: 5 active listings in the ZIP; 23 units permitted in Franklin County in 2024 (0 in 5+ unit buildings).
Franklin County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Current owner paid $52k; list at $110k implies a 113% gain — meaningful room to come down on a strong offer.
At projected returns (3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~5 years — after that, you're playing with house money.
By year 8, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for listing agent
It's been on market 289 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
CashFlowRE · CFR-9ADMP4DQH9R8MX
· Data 1 day agocashflowre.app · 2026-05-29