Courtesy of: We Heart Homes Team, KW KANSAS CITY METRO, info@whh-kc.com
Courtesy of: We Heart Homes Team, KW KANSAS CITY METRO, info@whh-kc.com
$44,000
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1 bed
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512 square feet
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1.00 Bath (1 Full)
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Lot: 0.10 Acres
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Single Family Residence
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$44,000
5708 Park Avenue Calling all investors and handy buyers! Here's your chance to purchase an affordable fixer-upper with tremendous upside. This 1-bedroom, 1-bath home features 512 square feet and is ready for someone to bring it back to life. Ideal as a flip, rental, or budget-friendly renovation project. Opportunities at this price don't come along often. Property is being sold As-Is. Hard to find a better yield in Kansas City. 5708 Park Ave is a fully rehabbed, professionally managed single-family rental priced at $44, 000 producing $8, 232 in net annual cash flow - an 18.71% cap rate. Currently vacant and easy to show. The numbers (at $1, 050/mo): Gross annual rent: $12, 600 Property taxes: $407.56 Insurance: $1, 200 Property management (10%): $1, 260 Pro forma maintenance: $1, 500 Total expenses: $4, 367.56 Net annual cash flow (NOI): $8, 232
Courtesy of: We Heart Homes Team, KW KANSAS CITY METRO, info@whh-kc.com
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