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KC Strong Cashflow Rental

SDI Suggsted Offer $ 100,000
in
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Property Description

Have questions – posy as a comment below

To submit an offer – post a comment or email us at meet@simplydoit.net

For full address:  email us at meet@simplydoit.net

 

Market Value $120,000
Asking $125,000
GAP $5,000
SDI’s suggested Offer $100,000
Offer-Asking GAP ($) -$25,000
Offer-Asking GAP (%) 20%
Offer-MarketValue Gap ($) -$20,000
Offer-MarketValue Gap (%) 17%
Day on Market 338
Estimated (rough) repairs needed $8,000

 

What we love about this one:

  • Large corner lot with ample space for entertaining.
  • Excellent cash-flow – projected $500/mo AFTER expenses and mortgage

Things to know:

  • This is a short sale – read more about a short sale
  • Older house: 1979
  • Schools are C
  • The roof is 10 years old
  • Seller reports some signs of cracks on the foundation – needs further inspection.

 

State/county:
Zip: 64030
Country: United States
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Property ID: 21927
Price: SDI Suggsted Offer $ 100,000
Property size: 1 484 ft2
Property lot size: 9 626 ft2
Bedrooms: 3
Bathrooms: 2
Year Built: 1979
Garage: Garage
Garage Size: 2
Rent (mo): 1300
ROI (ann): 18.5
Cashflow (mo): 520
Property Taxes (mo): 116
Insurance (mo): 90
Repairs (mo): 75
Management Fee (mo): 95
Leasing Fee (ann): 37
HOA (mo): 0
Vacancy Rate (ann): 4.5
walkscore0 / Car-Dependent more details here

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