6941 Spruce Ave

Kansas City, MO 64132
image0

2 bd, 1 ba | 815 sqft | Built in 1925

slider image
slider image
slider image
Sold

Select

List Price
$69,500

Initial Investment

$21,939
Pre-approval letter or proof of funds required.

Purchase Price

$69,500

Down Payment

25%

Rent

$800

Total Return

$38,775

Annualized Return

24.3%

Cap Rate

8.0%

Gross Yield

13.8%

Cash Flow

$1,255

Appreciation

8.6%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Lot Size

6,098

HOA

None

Flood Risk

Not Required

Great Investment Property! Currently Rented for $800 per month. Completely updated, great location, easy access to highway. TURNKEY! Add to your portfolio or start with with first investment property today...

See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941

Ask a Question

Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$2,686

Property Taxes

-$1,400

Loan Payments

-$3,778

Net Cash Flow

$1,255

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:Joya Graves
NaLa Management & Realty LLC
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2407029
Last Updated: 10/26/2022 08:10
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.