8623 E 77th St Kansas City, MO 64138
3bd, 1.5ba | 933sqft | Built in 1955
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Initial Investment
$78,630
List Price: $77,000
Purchase Price
$77,000
Down Payment
100%
Rent
$1,000

Total Return
$36,549
Annualized Return
9.1%
Cap Rate
9.2%
Gross Yield
15.6%
Cash Flow
$6,397
Appreciation
1.7%
Financing Options
to learn more or visit our partner to get pre-approved.
Rate Payment
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Fees represent the loan origination fees charged directly by the lender. Other fees may apply.
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Property Management Options
  • 469-620-0400
    info@americanrealpm.com
    6600 LBJ Freeway, Ste. 175
    Dallas, TX 75240
    American Real PM
    Property Management Fee:
    8-10% of monthly rent collected
    Leasing Fee:
    100% of one month's rent
    Renewal Leasing Fee:
    25% of one month's rent
    Maintenance Fee:
    None
    Property Setup Fee:
    None
    Marketing Fee:
    None
    Project Management Fee:
    None if utilizing American Real PM
    American Real PM is dedicated to serving all of our owners with the same service we would expect if it was our asset being managed. We are here to find a great resident, handle all maintenance, suggest upgrades to the asset when appropriate, handle rent collections and more. We strive to make sure our owners net income is optimized while they can rest easy and busy themselves with the next investment or simply enjoying their lives. Yes, we are passionate about real estate, but our main passion is people. We don’t just manage a property, we manage someone’s nest egg, someone’s previous home, someone’s retirement plan, and someone’s current rented home. We believe that in our focus to serve these people better than anyone else can we will enrich their lives. Let us enrich yours!
  • 816-224-7911
    jjones@cjproperties.org
    1850 NW State Rt 7
    Blue Springs, MO 4014
    CJ Real Estate, Inc
    Property Management Fee:
    8% of Monthly Rent Collected
    Leasing Fee:
    50% of First Month’s Rent
    Renewal Leasing Fee:
    None
    Maintenance Fee:
    Time + Cost of Materials
    Property Setup Fee:
    None
    Marketing Fee:
    $45 per Property while vacant
    Project Management Fee:
    None
  • 651-777-5500 x116
    kcpm@33rdcompany.com
    7301 West 129th St. Suite 100
    Overland Park, KS 66213
    33rd Company
    Property Management Fee:
    $99 per month
    Leasing Fee:
    100% of First month’s rent
    Renewal Leasing Fee:
    $295 Flat fee
    Maintenance Fee:
    15% of the maintenance charge
    Property Setup Fee:
    $375 flat fee upon signing new lease
    Marketing Fee:
    None
  • Tips for Self Managing Properties
    You’ve invested in a Rental Property, and are thinking about managing the property yourself? Here are the items you need to be aware of: Renting, Operating, Risk Management
    Self manage / Other
    Renting
    • Get property ready
    • Advertise
    • Show the property
    • Applicant screening
    • Move in tenants

    Operating
    • Collect rent
    • Repair requests
    • Home inspections
    • Move out process

    Risk Management
    • Fair housing
    • Insurance liability
    • Property damage
    • Habitability issues
    • Legal costs
Property Characteristics
  • Roofstock Guarantee
    What is it?
    Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
    Benefits
    • All properties come with our 30-day money back guarantee
    • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
    • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.
Investment Terms
Purchase Price of $77,000 has been established by the Seller and it reflects the price at which Seller is willing to transact. If this property accepts offers, then please submit a reasonable offer for consideration.

Marketplace Fee of $500 must be paid to secure your investment property, remove it from the marketplace and initiate the purchase process.If your offer has a contingency and you cancel before the contingency termination date, the Marketplace fee will be refunded. It is non-refundable in all other cases.

Purchase and Sale Agreement (PSA): A PSA will be delivered electronically promptly following payment of the Marketplace Fee and must be executed by Buyer within 24 hours of receipt.

Earnest Money Deposit (EMD) of $1,500 must be wired to the Title Company within 3 days of PSA signing.

Appraisal Contingency is available for financed properties, and will be waived automatically if the property appraises for the sale price. If it does not appraise for the sale price, then the Buyer and Seller will have the opportunity to come to terms or the Buyer can cancel the contract.

Closing Date: The Closing Date will occur within 15 days of PSA execution for cash transactions and 30 days of PSA execution for financing unless otherwise agreed by Buyer and Seller

Lease Agreement: The current lease agreement will be provided to Buyer at Closing.

Closing Costs: Closing costs shall be paid based on local custom, and will include discounts negotiated by Roofstock to lower transaction costs for Buyers and Sellers. An estimate of closing costs is provided in the Diligence Vault and actual closing costs will be outlined on the final settlement statement.

Title and Settlement Provider: Roofstock's standard closing process includes preferred partners who act as the title and escrow agent for this property. Our preferred partners have agreed to provide discounted escrow and settlement services to purchasers of properties via the Roofstock marketplace to lower your investment costs. If you would like to use a different provider for these services, please contact us.

Listing Broker: Larry C. Myer- Missouri

Learn more about the investment process