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BRAND NEW Build with Great Numbers in KC Metro! [Code: 1107]

Posted by Powered by Simply Do It on December 15, 2022
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Why THIS deal??
  • ~$515/mo. cash flow once you can refi to 4.5% 
  • Cash flows at ~$245 at today's rates of 6.25%
  • Property is finished and ready to move in! 
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After 15 Years (no mortgage)
Original purchase price $330,000
Total investment (out of pocket) $91,600
15 yrs Project house value $594,311
Value (appreciation) Gain $264,311
15 yrs cash-flow generated $78,211
Total Gain $342,523
ROI (15 yrs) 374%
ROI (annually) 25%
   
Free & Clear cash flow (yr.) $26,897
Free & Clear cash flow (m) $2,241

  • 4 bedroom, 3 bath Single Family Home 
  • Low HOA fees
  • BRAND NEW BUILD which means very little maintenance
  • Great location with quick access to major commuting routes, shopping and schools
  • Main level laundry along with finished basement
  • B rated schools
  • Open concept with vaulted ceilings, quartz countertops and stainless appliances
  • Master suite features walk-in closet and double vanities. Main level laundry along with finished basement
  • 95% efficient HVAC to help save those energy $$
  • 6,795 square foot lot


Why should you consider this house / what makes it a good investment?

  • Built: 2022
  • Size: 1,764 square foot home
  • Low Crime, Desirable Community, Great Schools

What's next?

Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.

Metro: Kansas City

Team: Meredith  – email directly at kc1@simplydoit.net

Code: 1107

Property Specifications 1
 Bedrooms 4
 Bathrooms 3
 Square Feet 1764
 Year Built 2022
 Garage Size 3
 Schools Rating (on scale of A-C) B

Purchase Assumptions My Offer
Offer used for analysis $330,000
Suggested offer (low) $330,000
Suggested offer (high) $330,000
Asking $330,000
Market Value (after improvements) $330,000
Improvements (lower) $2,000
Improvements (upper) $3,000
Closing Costs $3,300
Mortgage Costs $3,300
Other Fees At Closing $0
Total Cost  $339,100

Financing Assumptions  
 Down Payment (%) 25%
 Down Payment Amount $82,500
 Financed Amount $247,500
 Interest Rate (5/6 ARM) 6.250%
 Mortgage Term (Years) 30
 Monthly Mortgage Payment $1,524
 Cash Outlay (Total Out of Pocket) $91,600

Financial Assumptions Monthly Yearly
Rent (upper) $2,500 $2,550 $30,600
Rent (lower) $2,450 $29,400
Property Tax Rate (Approx.) 1.4%  
Property Taxes   $265 $3,180
Insurance   $140 $1,680
Repairs   $50 $600
Variable-Cost PM   7.0%  
Property Management Fee $175 $2,100
Leasing Fee 68% $70.3 $844
HOA   $8 $96
Vacancy Rate   4.0%  
Total Fixed Expenses $801 $9,616
 Total Expenses (Fixed + Mortgage) $2,325 $27,903

Financial Analysis / Deal Attractiveness        
Years: 5 10 15 20
 Cap Rate 3.2% 4.4% 5.7% 7.1%
 Net Cash Flow $14,646 $40,334 $78,211 $129,548
 Equity Increase $87,986 $197,492 $334,081 $504,847
 Total Gain $102,632 $237,826 $412,292 $634,395
           
 Average Cash Flow/Year $2,929 $4,033 $5,214 $6,477
 Average Cash Flow/Month $244 $336 $435 $540
 Average Gain/Year $20,526 $23,783 $27,486 $31,720
 Average ROI 112.0% 259.6% 450.1% 692.6%
 Annual ROI 22.4% 26.0% 30.0% 34.6%
 Projected Property Value $401,495 $488,481 $594,311 $723,071

Property Ratings Suggestions
 Item      Suggested Criteria (Min.) This Property FAVORABLE /
INSUFFICIENT
 Schools     B B FAVORABLE
 Square Feet     1000 1,764 FAVORABLE
 Bedrooms     3 4 FAVORABLE
 Bathrooms     2 3 FAVORABLE
 Year Built     1970 2022 FAVORABLE
 Rent/Price (%)     0.75% 0.77% FAVORABLE
 Average Cash Flow (at year 5)     $125 $244 FAVORABLE
 Average ROI (at year 5)     15% 22.4% FAVORABLE

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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. 

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