Easy Rehab in Independence Sold

  • $19,000
  • 3 beds
  • 2 baths
  • 720 sqft
Wholesale Real Estate Deal - Independence, MO

 

– Numbers –
Purchase Price: $19,000
Est. Rent: $700/mo
Taxes: $0 – Eligible for Fairmount Carlisle 353 Tax Abatement for 25 Years Click Here for more info

– Monthly Income & Expenses –
Est. Rent – $700/mo
Taxes – $0/mo
Insurance – $50/mo
Management Fee – $70/mo
Vacancy / Maintenance – $42/mo
Net Cash Flow = $538 x 12 (Months) = $6,456 Yearly Net Income
$8,000 (Estimated Rehab) + $19,000 (Purchase Price) = $27,000 (All in)
$6,456 (Yearly Net Income) / $27,000 (All in) = 24% COC Return

Price:
$19,000
Address:
835 S. Ash Ave.
Independence, MO 64053
Square Feet:
720
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
1920
Basement:
Un-Finished

Call 816-239-2399 for more details

Property Location