What's Available Wednesday? Kansas City!

Looking for your next turnkey rental property investment? Check out this We’re back with another Kansas City turnkey property, fully renovated with renters and property management in place as a condition of closing. Perfect to add to your real estate investing portfolio!

Oh, and did we mention the cash flow?? Kansas City is a great market to invest in because it’s being developed as a strategic rail-hub to serve all points in the U.S. Plus, there are multi-billion dollar development projects around the city resulting in job creation, property growing, and increasing rental demand.

So check out this turnkey property. Will it be your next investment?

Location: Kansas City, MO. Built In: 1956 (fully renovated)

Purchase price: $150,000 (not a foreclosure, normal sale)

Property info: 3 bedrooms, 2 bathroom, 1224 square feet, 1 story, 1 car parking

Income

Monthly rent collected: $1,250

Expenses

Monthly expenses

Property taxes: $132

Insurance: $42

Property management fees: $100

Monthly expenses (conservatively estimated)

Vacancy (7%): $88

Repairs (5%): $63

Total Monthly Expenses- $422

Net Income = Income – Expenses = $826

Advanced Numbers

Cap Rate =

annual net income (non-inclusive of mortgage payment) / purchase price =6.61%

Cash-on-cash return =

Depends on your leveraging.

Special Terms:

  • 90 day Seller Warranty

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

Want to see more deals like this?
We’ll send them to you!

Want to see more deals like this? We'll send them to you!

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