3000 3br

13722 USD

Features:
This home has an okay roof, fair foundation, fenced in backyard, crawl-space basement, some new windows, off street parking, big family room, quiet block, laundry room, and starter house for small family.

Purchase Price: $3000
Potential Rent: $600
Yearly Taxes: $249
Zestimate: $27,454
Jackson County: 16,314
Rent Ready Cost: $7000
Flip Ready Cost: $9,000

Monthly Income and expenses
Est. Rent - $600/mo
Taxes - $20/mo
Insurance - $50/mo
Management Fee - $50/mo
Vacancy/Maintenance - $25/mo
Net Cash Flow = $455 x 12 (Months) = $5,460 Yearly Net Income
$4000 (Estimated Rehab) + 3000 (Purchase Price) = $7000 (After Repair Cost)
$7000 (After Repair Cost) / $5,460 (Yearly Net Income) = 78% COC
$15,000 (Appraisal Value) / 13,000 (Resale Price) ROI = 90%

We provide Renovations, Rehab, Repairs, Rent Ready Services. www.reskc




Location: Kansas -
Added on 17 days ago and expires on 13 June, Ad id: 625279          60 visits