2-Property Package in Ruskin Heights Sold

  • $60,000
  • 4 beds
  • 2 baths
  • 1,092 sqft
Sold

2 Property Package in Ruskin Heights

Property 1 – Vacant – Pictures

7507 E. 108th St., Kansas City, MO (Street View)

Beds: 4
Baths: 2
Garage: 1-Car Attached
SQFT: 1,092

-Numbers-
Purchase Price: $26,000
Yearly Taxes: $1,020

Monthly Income & Expenses:
Estimated Rent – $900/mo
Taxes – $85/mo
Insurance – $50/mo
Management Fee – $90/mo
Vacancy/Maintenance – $54/mo
Net Cash Flow = $621 x 12 (Months) = $7,452 Yearly Net Income
$14,000 (Estimated Rehab) + $26,000 (Purchase Price) = $40,000 (All in)
$7,452 (Yearly Net Income)/ $40,000(All in)= 19% COC


Property 2 – Vacant – Pictures

7601 E. 108th St., Kansas City, MO (Street View)

Beds: 3 (easy 4 or 5 Bedroom)
Baths: 2
Garage: 2-Car Detached
SQFT: 1,092

-Numbers-
Purchase Price: $34,000
Yearly Taxes: $867

Monthly Income & Expenses:
Estimated Rent – $900+/mo
Taxes – $72/mo
Insurance – $50/mo
Management Fee – $90/mo
Vacancy/Maintenance – $54/mo
Net Cash Flow = $634 x 12 (Months) = $7,608 Yearly Net Income
$12,000 (Estimated Rehab) + $34,000 (Purchase Price) = $46,000 (All in)
$7,608 (Yearly Net Income)/ $46,000(All in)= 17% COC

Price:
$60,000
Address:
E. 108th St.
Kansas City, MO 64134
Square Feet:
1,092
Bedrooms:
4
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Basement:
Slab

Additional Features

Both Properties have Vinyl Siding and Vinyl Windows. These houses are right next door to each other. This is a nice rental area and they should both rent for $900+/month.

Call 816-239-2399 for more details

Property Location