This home offers over 2,100 square feet of space with a fully finished basement and strong value-add potential. It is a “grandma home” meaning it has solid fundamentals at a lower price and gives investors the opportunity to update over time.
Highlights
📍3-Bedroom, 1.5-Bathroom, Single-family detached home
🏠 Fully finished basement significantly expands the living space and flexibility for tenants. Classic “grandma home” condition offering cosmetic value-add potential without requiring a full renovation.
💰 Cash flows at $454/mo. when refinanced to 5.0%
💰 Cash flows at $358/mo. at today’s rates (at year 5)
🏫 This home is assigned to highly rated schools making it more attractive to families
Key Insights
🎯 Location Matters: Situated in a safe Kansas City metro neighborhood with strong school demand and convenient commuter access.
📈 Equity Potential: Total estimated gain is $627K at 20 year
🏡 Comparative Advantage: Larger than many homes in this price range, offering over 2,100 square feet plus it is full of potential
📅 Market Timing: Recently listed and positioned as a strong value opportunity relative to comparable homes.
📜 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.