3605 Sloan Dr

Kansas City, KS 66104
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3 bd, 1 ba | 864 sqft | Built in 1955

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List Price
$97,500

Initial Investment

$28,855

Purchase Price

$96,000

Down Payment

25%

Rent

$1,109

Total Return

$63,994

Annualized Return

28.9%

Cap Rate

8.6%

Gross Yield

13.9%

Cash Flow

$2,371

Appreciation

9.5%
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Features

Occupancy

Occupied

Lease Start

06/12/2020

Lease End

06/11/2021

Lot Size

8,102

HOA

None

Flood Risk

Not Required

  • Seller recently made repairs on home, view inspection documents for more info
  • Attractive cap rate
  • Leased through 6/11/2021
  • Approx. 17 miles to Kansas City International Airport

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Annual Financial Highlights

Expected Rent

$12,643

Expenses

-$3,453

Property Taxes

-$1,600

Loan Payments

-$5,219

Net Cash Flow

$2,371

See more in Financials

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