3022 N 42nd St

Kansas City, KS 66104
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3 bd, 1 ba | 852 sqft | Built in 1940

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For Sale

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List Price
$154,900

Initial Investment

$45,210
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$154,900

Down Payment

25%

Rent

$1,350

Total Return

$91,306

Annualized Return

25.7%

Cap Rate

6.7%

Gross Yield

10.5%

Cash Flow

$1,320

Appreciation

9.5%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

19,602

HOA

None

Flood Risk

Not Required

Nicely Sized Home with Wonderful updates and character throughout. Open Concept! Beautiful refinished floors throughout! Fresh interior and exterior paint! Fresh Updated Bathroom!! Great Backyard! Huge Leveled Lot!!! Basement provides so much storage!!! Great location!

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

$15,390

Expenses

-$3,649

Property Taxes

-$2,000

Loan Payments

-$8,421

Net Cash Flow

$1,320

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.

Similar Listings



Listing Courtesy of:Branigan Barnett
Keller Williams Southland
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Brokerage License CO00002496
SourceHeartland MLS
MLS #2386093
Last Updated: 08/11/2022 07:08
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.