Property Description
Your next step
- For questions – place a comment below in the comment section.
- To make an offer send an email to meet@simplydoit.net
About this house
Located approx. 25 minutes from downtown KC
Nearby/close proximity large employers are: City, Durvet, Fike Corporation, Gemaco Playing Cards, Haldex, HMP DME, Home Depot, HyVee, Kohl’s, Meyer Laboratory, Price Chopper, Smurfit Stone Container, St. Mary’s Hospital, Wal-Mart.
Well-maintained raised ranch features brand new carpet, lots of living space, great natural light, and new paint.
The basement is ready to be finished and already has a bathroom!
The patio and enormous yard will be perfect for entertaining.
There are hardwood floors under the carpet too!
Schools: 7, 8, 8
Upside potential: finish the basement to add more bedrooms/family room to increase value/or rent rate.
What’s the upside potential: finish the basement to increase livable sq ft. beds and value.
Possible Plan
- Evaluate value when sq ft is completed
- Estimate cost of finishing basement
- If #s work:
- Purchase
- Rent
- work on basement WHILE house is rented /or finish basement first
- Instead of fixing up a house to create value, we are improving a house
Agents note:
“There is a full bath with shower in the basement. I think there are hardwood floors upstairs under the carpet. This home does have potential!”
Documents available:
- Seller disclosure statement
- Inspection report
- Foundation report
Rental Analysis
Cash purchase
Assumptions
Analysis / Deal Attractiveness
25% Downpayment – 75% Mortgage
Assumptions
Analysis / Deal Attractiveness
