What's Available Wednesday? Kansas City!

We’re back with another Kansas City turnkey property! These properties are fully renovated with renters and property management in place as a condition of closing. Perfect to add to your real estate investing portfolio (with an estimated $643 in monthly 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: 1959 (fully renovated)

Purchase price: $107,000 (not a foreclosure, normal sale)

Property info: 3 bedrooms, 1 bathroom, 1184 square feet, 1.5 story, 2 car parking

Income

Monthly rent collected: $925

Expenses

Monthly expenses

Property taxes: $64

Insurance: $33

Property management fees: $74

Monthly expenses (conservatively estimated)

Vacancy (7%): $65

Repairs (5%): $46

Total Monthly Expenses- $282

Net Income = Income – Expenses = $643

Advanced Numbers

Cap Rate =

annual net income (non-inclusive of mortgage payment) / purchase price =7.21%

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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