Kansas City - High Yield Portfolio

  • Locally owned and managed
  • Owner willing to entertain offers of at least 2 properties
  • Vacant properties are being turned and leased

List Price
$574,650
or
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Min Purchase
2 of 7
Avg Price
$82,093
Avg Sqft
1,007
Avg Year Built
1931
Financial Highlight
Rent
Monthly Average
$484
Monthly Total
-
Occupancy
57.1%
Levered IRR
2.9%
Cap Rate
2.5%
Gross Yield
5.1%
Net Income
$14,086
Appreciation
1.7%
$59,950
3bd, 1ba | 1,102sqft
Current Rent
$600
Neighborhood
3527 Indiana Ave
Kansas City, MO 64128
$54,950
2bd, 1ba | 741sqft
Current Rent
$575
Neighborhood
5925 Wabash Ave
Kansas City, MO 64130
investment property - 5630 Wabash Ave, Kansas City, MO 64130, Jackson - main image placeholder
$54,950
2bd, 1ba | 768sqft
Current Rent
$0
Neighborhood
5630 Wabash Ave
Kansas City, MO 64130
investment property - 4010 Wabash Ave, Kansas City, MO 64130, Jackson - main image placeholder
$59,950
2bd, 1ba | 924sqft
Current Rent
$595
Neighborhood
4010 Wabash Ave
Kansas City, MO 64130
$64,950
3bd, 2ba | 1,334sqft
Current Rent
$650
Neighborhood
5441 E 27th Ter
Kansas City, MO 64128
investment property - 4606 Tracy Ave, Kansas City, MO 64110, Jackson - main image placeholder
$144,950
3bd, 1ba | 1,169sqft
Current Rent
-
Neighborhood
4606 Tracy Ave
Kansas City, MO 64110
Financial Pro Forma
Initial Year Year 1 Year 2 Year 3 Year 4 Year 5
REVENUE
Gross Rent $29,040 $29,911 $30,809 $31,733 $32,685
Economic Vacancy Factor -$1,452 -$1,496 -$1,540 -$1,587 -$1,634
Net Revenue $27,588 $28,416 $29,268 $30,146 $31,051
EXPENSES
Property Management -$2,207 -$2,273 -$2,341 -$2,412 -$2,484
Leasing Fees -$690 -$710 -$732 -$754 -$776
HOA Fees $0 $0 $0 $0 $0
Property Taxes -$6,139 -$6,245 -$6,353 -$6,463 -$6,574
Insurance -$2,779 -$2,827 -$2,876 -$2,926 -$2,976
Repairs & Maintenance -$1,687 -$1,738 -$1,790 -$1,843 -$1,899
Operating Expenses -$13,502 -$13,793 -$14,092 -$14,397 -$14,709
TOTAL OPERATING CASH FLOW
Net Operating Income $14,086 $14,622 $15,176 $15,749 $16,341
Net Operating Income Margin 51.1% 51.5% 51.9% 52.2% 52.6%
CAPITAL EXPENDITURES RESERVE -$1,655 -$1,705 -$1,756 -$1,809 -$1,863
PROPERTY PURCHASE AND SALE
Purchase / Sale Price -$574,650 $654,911
Acquisition Fees / Closing Costs -$12,930
Contingency -$2,857
Disposition Fees / Closing Costs -$21,910
Net Purchase / Sale Proceeds -$590,437 $633,000
FINANCING
Down Payment -$143,662
Loan Fees -$4,310
Loan Payments $25,442 $25,442 $25,442 $25,442 $25,442
Loan Balance $430,988 $423,722 $416,141 $408,232 $399,980 $391,370
Total Financing / Debt Service Cash Flows -$147,972 -$25,442 -$25,442 -$25,442 -$25,442 -$25,442
RETURN
Unlevered Cash Flow -$590,437 $12,917 $13,420 $13,940 $14,478 $633,000
Levered Cash Flow -$159,449 -$12,525 -$12,022 -$11,502 -$10,964 $241,630
Unlevered IRR 3.9%
Levered IRR 2.9%

This Financial Pro Forma is provided to you for informational and general guidance purposes only. It is an estimate of a possible financial return on your real estate purchase and may not be indicative of your actual results. Your actual results may vary and Roofstock makes no guarantee as to the actual results of your purchase of the property. The numbers below are based upon calculations using: (i) the online Property Assumptions under "Manage Assumptions" which you should review and understand prior to investing and (ii) numbers and effects are based upon general financial and economic averages, assumptions and conditions nationwide and in the real estate industry generally. All Property Assumptions initially provided to you on the site are based upon the reasonable assumptions by Roofstock as to the property, its market and general economic conditions and are not guarantees of actual results or numbers.

Financial and real estate market conditions as well as economic drivers such as interest rates, inflation, expenses, and taxation are subject to rapid fluctuations and your results may differ in each geographic market.

This Financial Pro Forma is not to be used as a financial plan or as investment or real estate advice and is not intended as part of a recommendation to purchase any investment property.


Learn more about this investment opportunity
2001 Broadway, Suite 400, Oakland, CA 94612
Phone: 510-269-9400