3119 Kimball Ave

Kansas City, KS 66104
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2 bd, 1 ba | 936 sqft | Built in 1945

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List Price
$94,500

Initial Investment

$25,751

Purchase Price

$94,500

Down Payment

25%

Rent

$1,020

Total Return

$65,176

Annualized Return

31.5%

Cap Rate

8.4%

Gross Yield

13.0%

Cash Flow

$2,245

Appreciation

9.5%
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Features

Lot Size

11,326

HOA

None

Flood Risk

Not Required

Great investment opportunity! Currently rented at $850/month, this property has a lot to offer as a buy and hold. The current owner has petitioned housing for a rent increase to $875.00. Current lease is month to month. Tenant prefers to stay. All showings must give 24 hours notice before showing the property in person. Tenant pays all utilities. Sold as is. Tenant will be present for all showings.

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

Expected Rent

$11,628

Expenses

-$2,646

Property Taxes

-$1,600

Loan Payments

-$5,138

Net Cash Flow

$2,245

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.

Similar Listings



Listing Courtesy of:HHKC TEAM
Agent License Kansas
EXP Realty LLC
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Brokerage License CO00002496
SourceHeartland MLS
MLS #2420475
Last Updated: 02/04/2023 11:02
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