1522 N 38th St

Kansas City, KS 66102
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2 bd, 1 ba | 742 sqft | Built in 1930

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List Price
$99,000

Initial Investment

$26,978

Purchase Price

$99,000

Down Payment

25%

Rent

$1,010

Total Return

$50,321

Annualized Return

25.1%

Cap Rate

7.5%

Gross Yield

12.2%

Cash Flow

$1,435

Appreciation

7.5%
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Features

Lot Size

6,970

HOA

None

Flood Risk

Not Required

Welcome Home! This home has all the character you need. Walk up on the nice sized porch and walk into this inviting home with new carpet. New paint inside. The home has nice sized bedrooms with large closet space. Walk into the kitchen with the inset butcher block cutting board. Has the vintage charm with all the fixtures. Nice outside space in the backyard. Basement is dry and solid, ready for your charm!

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

Expected Rent

$11,514

Expenses

-$2,996

Property Taxes

-$1,700

Loan Payments

-$5,382

Net Cash Flow

$1,435

See more in Financials

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.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

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:Candice Kinard
Northpoint Asset Management
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Brokerage License CO00002496
SourceHeartland MLS
MLS #2427993
Last Updated: 04/01/2023 10:04
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