Okay, so it’s not Wednesday…. we know we’re a little early. But we just had to share this super Top Secret deal with you ASAP! It’s available and ready for a smart investor to snatch up and add to their portfolio.
Nicknamed ‘The City of Fountains’, Kansas City claims to have the second most working fountains in the world. Not to mention there more boulevards here than any city except Paris! With a diverse business district including manufacturing and logistical industries, this is a young and growing city. In fact, Kansas City has a proven track record of steady 5% growth year after year! As a result, sustainably high cash flows can be achieved by investors who are looking to capitalize on a long term investment strategy. Ready to invest? Lets look at this week’s beautiful single-family home, fully renovated, and ready to rent!
Location: Kansas City, MO
Built In: 1900 (but fully renovated)
Purchase price: $89,900 (not a foreclosure, normal sale)
Property info: 3 bedrooms, 1.5 bathrooms, 1,558 square feet, 2+ Stories
Monthly rent collected: $1,050
Property taxes: $60
Property management fees: $84
Monthly expenses (conservatively estimated)
Vacancy (7%): $74
Repairs (5%): $53
Total Monthly Expenses- $313
Net Income = Income – Expenses = $737
Cap Rate =
annual net income (non-inclusive of mortgage payment) / purchase price = 9.85%
Cash-on-cash return =
Depends on your leveraging.
- 12 Month Rental Warranty
- 12 Month Maintenance Warranty
If you are interested in this property or seeing others like it, contact Melissa at email@example.com.
Take the plunge: you won’t regret it!