3406 N 62nd St

Kansas City, KS 66104
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3 bd, 1 ba | 1,056 sqft | Built in 1954

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For Sale

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List Price
$145,000

Initial Investment

$42,513
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$145,000

Down Payment

25%

Rent

$1,250

Total Return

$84,267

Annualized Return

25.2%

Cap Rate

6.6%

Gross Yield

10.3%

Cash Flow

$1,045

Appreciation

9.5%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

14,810

HOA

None

Flood Risk

Not Required

Nice 3 Bd 1Bth Ranch with lots of updates ! New carpet, fresh interior paint, updated bathroom, updated lighting fixtures, etc… Covered back porch and good sized yard for family gatherings. Vinyl siding and Ranch style property make this a low maintenance easy to navigate property. Large living room that does have a wood burning stove. Great property for the money !

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Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Agent License #00246648

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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$3,522

Property Taxes

-$1,800

Loan Payments

-$7,883

Net Cash Flow

$1,045

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:James Downing
Agent License BR00220871
Real Living KC Realty
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Brokerage License CO00002496
SourceHeartland MLS
MLS #2412994
Last Updated: 11/20/2022 14:11
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.