What's Available Wednesday? A Super Top Secret Kansas City Deal!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

Income

Monthly rent collected: $1,050

Expenses

Monthly expenses

Property taxes: $60

Insurance: $42

Property management fees: $84

Monthly expenses (conservatively estimated)

Vacancy (7%): $74

Repairs (5%): $53

Total Monthly Expenses- $313

Net Income = Income – Expenses = $737

Advanced Numbers

Cap Rate =

annual net income (non-inclusive of mortgage payment) / purchase price = 9.85%

Cash-on-cash return =

Depends on your leveraging.

Special Terms

  • 12 Month Rental Warranty
  • 12 Month Maintenance Warranty

If you are interested in this property or seeing others like it, contact Melissa at melissa@hipsterinvestments.com.

Take the plunge: you won’t regret it!

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