3119 Kimball Ave
Kansas City, KS 66104
List Price
$94,500
Initial Investment
$25,751Purchase 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%
Reset to DefaultEdit Assumptions
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
$11,628Expenses
-$2,646Property Taxes
-$1,600Loan Payments
-$5,138Net Cash Flow
$2,245See 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
Agent License Kansas
EXP Realty LLC
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Brokerage License CO00002496
eXp Realty LLC (Caleb Brown- KS)
KS Brokerage License CO00002496
SourceHeartland MLS
MLS #2420475
Last Updated: 02/04/2023 11:02
MLS #2420475
Last Updated: 02/04/2023 11:02