8405 Flora Ave

Kansas City, MO 64131
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3 bd, 2 ba | 995 sqft | Built in 1926

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List Price
$115,000

$8K

Initial Investment

$33,613
Pre-approval letter or proof of funds required.

Purchase Price

$105,000

Down Payment

25%

Rent

$1,225

Total Return

$51,779

Annualized Return

23.2%

Cap Rate

9.1%

Gross Yield

14.0%

Cash Flow

$3,170

Appreciation

6.7%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

4,910

HOA

None

Flood Risk

Not Required

Quaint bungalow on a low-traffic street in Marlborough! Inside is spacious with 3 bedrooms and 2 full bathrooms. Nice size living room with charming fireplace, and eat-in kitchen also with easy access to laundry room / mud room, and walk out to the back yard. Yard has a large storage shed that could be revived as well. Proximal to Center High School and easy to get to the highway from 85th street at the end of the block. Don't miss BB's Lawnside BBQ which is also just down the street on 85th. Cool area, with lots to offer and super low annual property tax that helps keep the payment affordable. Come see!

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Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941

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Annual Financial Highlights

Expected Rent

$13,965

Expenses

-$3,886

Property Taxes

-$1,200

Loan Payments

-$5,708

Net Cash Flow

$3,170

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.

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Listing Courtesy of:Micah Thomas
LOCAL AGENT
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2405506
Last Updated: 10/24/2022 22:10
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