5531 Wabash Ave

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

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List Price
$55,000

Initial Investment

$65,975

Purchase Price

$65,000

Down Payment

100%

Rent

$605

Total Return

$49,813

Annualized Return

13.0%

Cap Rate

6.7%

Gross Yield

11.2%

Cash Flow

$3,942

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

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Annual Financial Highlights

Expected Rent

$6,897

Expenses

-$1,955

Property Taxes

-$1,000

Loan Payments

$0

Net Cash Flow

$3,942

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