Fully Remodeled KC find WITH Cash Flow [Code: 208]

Why THIS deal??
  • ~ $275/mo. cash flow 
  • Recently remodeled with new roof, flooring and windows
  • Finished basement for additional living area
  • Highly appreciating neighborhood
After 15 Years (no mortgage)
Original purchase price$240,000
Total investment (out of pocket)$66,800
15 yrs Project house value$453,838
Value (appreciation) Gain$213,838
15 yrs cash-flow generated$74,373
Total Gain$288,211
ROI (15 yrs)$4
ROI (annually)$0
Free & Clear cash flow (yr.)$19,905
Free & Clear cash flow (m)$1,659

  • 4 bedroom, 3 bath Single Family Detached Residence
  • New roof, cabinets, flooring, tile, decks, lighting, and plumbing fixtures. This is just like a brand new home without the high price!
  • New windows installed, Front door, and patio door to back deck.
  • ~ $275/mo. cash flow 
  • Recently remodeled with hard flooring and carpet
  • No HOA costs
  • Attached 2-car garage (1-car door, but 2-car garage)
  • Finished basement for additional living area
  • Easy access to I-35 for commuters
  • Additional storage shed in backyard
  • 9,500 square foot lot.  Fully fenced with back deck

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

  • Built: 1977
  • Size: 1,986 square foot home
  • Low Crime, Desirable community, Good 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: Meredith/Elizabeth – email directly at kc1@simplydoit.net

            Code: 208

            Property Specifications1
             Square Feet1986
             Year Built1977
             Garage Size1
             Schools Rating (on scale of A-C)A/B

            Purchase AssumptionsMy Offer
            Offer used for analysis$240,000
            Suggested offer (low)$240,000
            Suggested offer (high)$260,000
            Market Value (after improvements)$252,000
            Improvements (lower)$1,500
            Improvements (upper)$2,500
            Closing Costs$2,400
            Mortgage Costs$2,400
            Other Fees At Closing$0
            Total Cost $246,800

            Financial AssumptionsMonthlyYearly
            Rent (upper)$1,995$2,095$25,140
            Rent (lower)$1,895$22,740
            Property Tax Rate (Approx.)1.4% 
            Property Taxes $280$3,360
            Insurance $110$1,320
            Repairs $75$900
            Variable-Cost PM 7.2% 
            Property Management Fee$143$1,712
            Leasing Fee68%$56.1$673
            HOA $0$0
            Vacancy Rate 4.0% 
            Total Fixed Expenses$738$8,854
             Total Expenses (Fixed + Mortgage)$1,774$21,288

            Financial Analysis / Deal Attractiveness    
             Cap Rate4.9%6.1%7.4%8.8%
             Net Cash Flow$16,336$40,844$74,373$117,863
             Equity Increase$67,894$151,923$256,046$385,228
             Total Gain$84,230$192,767$330,419$503,090
             Average Cash Flow/Year$3,267$4,084$4,958$5,893
             Average Cash Flow/Month$272$340$413$491
             Average Gain/Year$16,846$19,277$22,028$25,155
             Average ROI126.1%288.6%494.6%753.1%
             Annual ROI25.2%28.9%33.0%37.7%
             Projected Property Value$306,597$373,022$453,838$552,163

            Property Ratings Suggestions
             Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
             Schools  BA/BFAVORABLE
             Square Feet  10001,986FAVORABLE
             Bedrooms  34FAVORABLE
             Bathrooms  23FAVORABLE
             Year Built  19701977FAVORABLE
             Rent/Price (%)  0.75%0.87%FAVORABLE
             Average Cash Flow (at year 5)  $125$272FAVORABLE
             Average ROI (at year 5)  15%25.2%FAVORABLE











            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.