1609 Michael St

Leavenworth, KS 66048
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3 bd, 1 ba | 1,180 sqft | Built in 1959

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List Price
$115,000

Initial Investment

$31,338

Purchase Price

$115,000

Down Payment

25%

Rent

$1,350

Total Return

$64,477

Annualized Return

28.4%

Cap Rate

9.0%

Gross Yield

14.1%

Cash Flow

$3,332

Appreciation

7.1%
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Features

Lot Size

6,000

HOA

None

Flood Risk

Not Required

Sought After Amron Acres Subdivision. Home has an amazing kitchen. 3 Bedrooms and 1 full bath. Home features an open floor plan with white cabinets and huge kitchen island.

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

Expected Rent

$15,390

Expenses

-$3,676

Property Taxes

-$2,130

Loan Payments

-$6,252

Net Cash Flow

$3,332

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:Adam Massey
Agent License SP00235737
Greater Kansas City Realty
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Brokerage License CO00002496
SourceHeartland MLS
MLS #2425165
Last Updated: 03/13/2023 17:03
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