This home is a great deal because it offers a large square footage for the price in the Kansas City metro. A finished lower level, functional layout, and brand new HVAC meaning less near-term turnover costs.
🏠 Finished lower level adds significant usable living space and additional bathroom. Brand new HVAC systems provide major mechanical peace of mind and help reduce near-term expenses. It also has a fully fenced backyard with covered patio plus a detached garage offering additional storage and off-street parking.
💰 Cash flows at $754/mo. when refinanced to 5.0%
💰 Cash flows at $668/mo. at today’s rates (at year 5)
🏫 It is located very close to its assigned schools making this a great long-term rental for families.
Key Insights
🎯 Location Matters: Situated in a desirable Kansas City metro neighborhood with quick access to major roads, shopping, dining, and everyday conveniences.
📈 Equity Potential: Total estimated gain is $690K at 20 year
🏡 Comparative Advantage: Priced lower than many comparable homes in the area while still offering over 2,000 square feet of usable space.
📜 Rental Restrictions: Need to verify that there are no rental restrictions PRIOR to due diligence.
📞 Support Network: Utilize our locally vetted teams to streamline your transaction.
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Disclaimer
Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.
The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.