11-2
311 Van Brunt Blvd., Kansas City, MO 64124

Beds: 6 Baths: 2
Price: $39,900

Up and Down Duplex – Both Units are 3 Bedroom 1 Bath

TENANT OCCUPIED WITH MARKET RENTERS PAYING $575 & $580 / month GROSS= $1,155 ($13,860 annually)

Taxes $803.28 annually – Insurance $904 annually

Lanlord Paid Utilities $308/month  (gas $148/mo / water $160/mo)  *Tenant Pays Electric

***Updated Energy Efficient Furnaces, Plumbing and Electrical

***Long term tenants (5+years) leases are currently month to month.

Property Details:
Gross Monthly Rent = $1,155
Proposed Annual Income = $13,860
10% Annual Property Management Fee = $1,386
2% Maintenance = $277
Annual Real Estate Taxes = $803
Estimated Annual Homeowners Insurance = $904
Landlord Paid Utilities (Annually) = $3,696
ESTIMATED NET ANNUAL INCOME = $6,794
ESTIMATED NET ROI = 16%

*IDEA*

If the lease terms were renegotiated without landlord paid utilities ->The NET ROI jumps to 25%

For more info call 913-710-8872