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These will not last long!! [Code: 4906]

Posted by Powered by Simply Do It on May 11, 2022
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After 15 Years (no mortgage)  
Original purchase price $319,900
Total investment (out of pocket) $88,623
15 yrs Project house value $579,904
Value (appreciation) Gain $260,004
15 yrs cash-flow generated $91,865
Total Gain $351,869
ROI (15 yrs) 397%
ROI (annually) 26%
   
Free & Clear cash flow (yr.) $25,719
Free & Clear cash flow (m) $2,143

*Pictures are from previous build of the same design

  • Beautiful 4 bedroom, 3 bathroom single family residence
  • BRAND NEW BUILD
  • Exclusively offered to SDI clients first!!
  • There are two lots available side-by-side
  • 2-car attached garage
  • Larger than most new builds in this area right now and at a lower price! 
  • Excellent schools

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

  • Built: 2022
  • Size: 1,695  sq ft
  • Quiet residential street, Desirable community, A rated 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: 4906


            Property Specifications 1
             Bedrooms 4
             Bathrooms 3
             Square Feet 1695
             Year Built 2022
             Garage Size 2
             Schools Rating (on scale of A-F) A

            Purchase Assumptions My Offer
            Offer used for analysis $319,900
            Suggested offer (low) $319,900
            Suggested offer (high) $319,900
            Asking $319,900
            Market Value (after improvements) $322,000
            Improvements (lower) $2,000
            Improvements (upper) $2,500
            Closing Costs $3,199
            Mortgage Costs $3,199
            Other Fees At Closing $0
            Total Cost  $328,548

            Financial Assumptions Monthly Yearly
            Rent (upper) $2,345 $2,395 $28,740
            Rent (lower) $2,295 $27,540
             Property Tax Rate (Approx.) 1.4%  
             Property Taxes $250 $3,000
             Insurance $100 $1,200
             Repairs $50 $600
            Variable-Cost PM 7.2%  
            Property Management Fee $168 $2,012
             Leasing Fee 68% $66.0 $791
             HOA $0 $0
             Vacancy Rate 4.0%  
             Total Fixed Expenses $721 $8,649
             Total Expenses (Fixed + Mortgage) $2,083 $24,996

            Financial Analysis / Deal Attractiveness        
            Years: 5 10 15 20
             Cap Rate 4.4% 5.6% 6.9% 8.3%
             Net Cash Flow $19,698 $49,954 $91,865 $146,646
             Equity Increase $87,851 $196,528 $331,106 $497,943
             Total Gain $107,549 $246,481 $422,971 $644,590
                       
             Average Cash Flow/Year $3,940 $4,995 $6,124 $7,332
             Average Cash Flow/Month $328 $416 $510 $611
             Average Gain/Year $21,510 $24,648 $28,198 $32,229
             Average ROI 121.4% 278.1% 477.3% 727.3%
             Annual ROI 24.3% 27.8% 31.8% 36.4%
             Projected Property Value $391,762 $476,639 $579,904 $705,542

            Property Ratings Suggestions
             Item      Suggested Criteria (Min.) This Property FAVORABLE /
            INSUFFICIENT
             Schools     B A FAVORABLE
             Square Feet   1000 1,695 FAVORABLE
             Bedrooms   3 4 FAVORABLE
             Bathrooms   2 3 FAVORABLE
             Year Built   1970 2022 FAVORABLE
             Rent/Price (%)   0.75% 0.75% INSUFFICIENT
             Average Cash Flow (at year 5) $125 $328 FAVORABLE
             Average ROI (at year 5) 15% 24.3% 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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