10504 Corrington Ave

Kansas City, MO 64134
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3 bd, 1.5 ba | 1,008 sqft | Built in 1959

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List Price
$96,000

Initial Investment

$24,075

Purchase Price

$86,000

Down Payment

25%

Rent

$850

Total Return

$50,945

Annualized Return

27.0%

Cap Rate

7.3%

Gross Yield

11.9%

Cash Flow

$1,140

Appreciation

9.0%
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Features

Occupancy

Occupied

Lease Start

07/01/2018

Lease End

06/30/2019

Lot Size

21,780

HOA

None

Flood Risk

Not Required

  • Current lease runs to 6/30/2019
  • 3 Star Neighborhood Rating
  • Approximately 15 minutes to downtown Kansas City

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$2,575

Property Taxes

-$1,300

Loan Payments

-$4,675

Net Cash Flow

$1,140

See more in Financials

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