5531 Wabash Ave

Kansas City, MO 64130
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2 bd, 1 ba | 816 sqft | Built in 1957

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Sale Pending

Exclusive

Cash Only

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List Price
$55,000

Initial Investment

$55,825
Pre-approval letter or proof of funds required.

Purchase Price

$55,000

Down Payment

100%

Rent

$605

Total Return

$44,626

Annualized Return

13.8%

Cap Rate

7.7%

Gross Yield

13.2%

Cash Flow

$3,802

Appreciation

8.6%
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Features

Occupancy

Month To Month

Lease Start

11/01/2014

Lease End

M/M

Lot Size

3,063

HOA

None

Flood Risk

Not Required

  • Tenant is section 8

See more in Analysis

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Annual Financial Highlights

Expected Rent

$6,897

Expenses

-$2,095

Property Taxes

-$1,000

Loan Payments

$0

Net Cash Flow

$3,802

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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