1037 Metropolitan Ave

Kansas City, KS 66103
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3 bd, 2 ba | 1,370 sqft | Built in 1920

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For Sale

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List Price
$99,900

Initial Investment

$34,223
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$99,900

Down Payment

25%

Rent

$1,250

Total Return

$52,634

Annualized Return

22.9%

Cap Rate

9.0%

Gross Yield

15.0%

Cash Flow

$2,887

Appreciation

7.7%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

6,098

HOA

None

Flood Risk

Not Required

Totally updated house with lots of rooms, space, and storage. This house has been updated from the grounds up; new kitchen, newly updated bathrooms, flooring, carpets, windows, and light fixtures. The house boosts 4 bedrooms, 2 full bathrooms, office, living room, family room and large yard around the house. The house offers a nice view of the street and overlooks the Missouri river. Great price to enjoy a comfortable living.

See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Agent License #00246648

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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$4,132

Property Taxes

-$1,800

Loan Payments

-$5,431

Net Cash Flow

$2,887

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Riyad Naser
Keller Williams Platinum Prtnr
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Brokerage License CO00002496
SourceHeartland MLS
MLS #2410895
Last Updated: 11/05/2022 15:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.