403 S Cherry St
Olathe, KS 66061
List Price
$125,000
$25K
Initial Investment
$34,063Purchase Price
$125,000
Down Payment
25%
Rent
$1,340
Total Return
$71,388
Annualized Return
27.8%
Cap Rate
8.1%
Gross Yield
12.9%
Cash Flow
$2,620
Appreciation
7.9%
Reset to DefaultEdit Assumptions
Features
Lot Size
3,776
HOA
None
Flood Risk
Not Required
INVESTOR SPECIAL! Cute bungalow home that would make a great rental property. The home is in need of significant foundation work. CASH ONLY. Inspections are welcomed and encouraged but seller will not make any repairs.
See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown- KS)
KS Agent License #00246648
Annual Financial Highlights
Expected Rent
$15,276Expenses
-$3,950Property Taxes
-$1,910Loan Payments
-$6,796Net Cash Flow
$2,620See 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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SourceHeartland MLS
MLS #2423615
Last Updated: 03/13/2023 13:03
MLS #2423615
Last Updated: 03/13/2023 13:03