⚡Dramatic Price Cut of $36K on Duplex in KC! ⚡ [Code: 4536]


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Why THIS deal?
  • ~$418/mo. cash flow once you can refi to 5.25% 
  • Cash flows at ~$296/mo. at today's rates of 6.0%
  • Instant Equity of $75-$85k on day ONE!  

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  • Duplex with 6 bedrooms and 4 full bathrooms (each unit has 3 bedrooms/2 bedrooms)
  • Instant equity of $75k-$80k on day one!
  • Identical duplex sold 9/2024 for $510k
  • Location has quick access to major commuting routes, shopping, and schools
  • Property is being sold at a discount to a seasoned investor who is willing to work on potential existing HOA issues – Inquire for specifics.
  • Highly appreciating area with a strong rental market
  • Currently owned by another SDI investor
  • Fully leased on both sides! 
  • You can almost double your money in 5 years!! 
  • Completely TURNKEY with little to no work needed at the turnaround
  • Unit A lease ends on 3/31/2025 and Unit B lease ends on 4/30/2025
  • Special opportunity Fee applies.  Inquire for further details with SDI
  • Single story design.  Perfect for all families and renters! 
  •  #appreciation  #turnkey  #multiplex

Why should you consider this house / what makes it a good investment?

  • Built: 2021
  • Size:2,800 approx. square foot home (each side approx. 1,400 square feet)
  • Low Crime, Desirable Community, B Rated Schools

What's next?

Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.

Metro:  Kansas City

Team:  Chris – email directly at kc3@simplydoit.net

Code: 4536



Property Specifications2Per Door
 Bedrooms63
 Bathrooms42.0
 Square Feet28001400
 Year Built2021 
 Garage Size42
 Schools Rating (on scale of A-C)B 
Purchase AssumptionsMy OfferPer Door
Offer used for analysis$429,000$214,500
Suggested offer (low)$429,000$214,500
Suggested offer (high)$429,000$214,500
Asking$429,000$214,500
Market Value (after improvements)$510,000Recent comp.
Improvements (lower)$2,000$1,000
Improvements (upper)$4,000$2,000
Closing Costs$4,290 
Mortgage Costs$4,290$2,145
Other Fees At Closing$0 
Total Cost $440,580 
Financing Assumptions 
 Down Payment (%)40%
 Down Payment Amount$171,600
 Financed Amount$257,400
 Interest Rate  (5/6 ARM) 6.000%
 Mortgage Term (Years)30
 Monthly Mortgage Payment$1,543
 Cash Outlay (Total Out of Pocket)$183,180
Financial AssumptionsMonthlyYearly
Rent (actual)$2,976$2,976$35,712
Rent (actual)$2,975$35,700
Property Tax Rate (Approx.)1.4% 
Property Taxes $355$4,260
Insurance $85$1,020
Repairs $100$1,200
Variable-Cost PM 7.0% 
Property Management Fee$208$2,499
Leasing Fee68%$83.7$1,004
HOA/utilities/lawn/snow$266$3,192
Vacancy Rate 4.0% 
Total Fixed Expenses$1,209$14,504
 Total Expenses (Fixed + Mortgage)$2,752$33,023
Financial Analysis / Deal Attractiveness   
Years:5101520
 Cap Rate1.9%2.6%3.2%4.0%
 Net Cash Flow$17,742$46,968$88,873$144,777
 Equity Increase$128,371$286,917$483,000$725,866
 Total Gain$146,113$333,885$571,873$870,643
      
 Average Cash Flow/Year$3,548$4,697$5,925$7,239
 Average Cash Flow/Month$296$391$494$603
 Average Gain/Year$29,223$33,388$38,125$43,532
 Average ROI79.8%182.3%312.2%475.3%
 Annual ROI16.0%18.2%20.8%23.8%
 Projected Property Value$620,493$754,925$918,481$1,117,473
Property Ratings Suggestions
 Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
INSUFFICIENT
 Schools  BBFAVORABLE
 Square Feet  10002,800FAVORABLE
 Bedrooms  36FAVORABLE
 Bathrooms  24FAVORABLE
 Year Built  19702021FAVORABLE
 Rent/Price (%)  0.75%0.69%INSUFFICIENT
 Average Cash Flow (at year 5)  $125$296FAVORABLE
 Average ROI (at year 5)  15%16.0%FAVORABLE

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Disclaimer

Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.

The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info. ages arising from the use of the analysis info.