Gorgeous Move-In Ready Opportunity! [Code: 612]

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After 15 Years (no mortgage) 
Original purchase price$345,000
Total investment (out of pocket)$96,150
15 yrs Project house value$621,326
Value (appreciation) Gain$276,326
15 yrs cash-flow generated$51,270
Total Gain$327,596
ROI (15 yrs)341%
ROI (annually)23%
Free & Clear cash flow (yr.)$22,428
Free & Clear cash flow (m)$1,869
  • 4 bedroom 3 bath single family residence 
  • Highly sought after neighborhood
  • No (low) crime area
  • Can finish sub-basement as an additional opportunity or use for storage
  • 4th bedroom and full bath on the lower level
  • Over $125/mo. cash flow 
  • 3-car attached garage
  • Cul-de-sac location with no back neighbors
  • Award winning A-rated schools
  • 9,583 square foot lot

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

  • Built: 2007
  • Size: 3,276  sq ft
  • Quiet residential street, Desirable community, A-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: Meredith – email directly at kc1@simplydoit.net

            Code: 612

            Property Specifications1
             Square Feet3276
             Year Built2007
             Garage Size3
             Schools Rating (on scale of A-F)A

            Purchase AssumptionsMy Offer
            Offer used for analysis$345,000
            Suggested offer (low)$345,000
            Suggested offer (high)$355,000
            Market Value (after improvements)$345,000
            Improvements (lower)$2,500
            Improvements (upper)$3,500
            Closing Costs$3,450
            Mortgage Costs$3,450
            Other Fees At Closing$0
            Total Cost $354,900

            Financial AssumptionsMonthlyYearly
            Rent (upper)$2,195$2,295$27,540
            Rent (lower)$2,095$25,140
             Property Tax Rate (Approx.)1.4% 
             Property Taxes$274$3,290
            Variable-Cost PM7.2% 
            Property Management Fee$157$1,883
             Leasing Fee68%$61.7$741
             Vacancy Rate4.0% 
             Total Fixed Expenses$779$9,342
             Total Expenses (Fixed + Mortgage)$2,127$25,521

            Financial Analysis / Deal Attractiveness    
             Cap Rate1.6%2.5%3.6%4.7%
             Net Cash Flow$7,564$24,335$51,270$89,428
             Equity Increase$96,778$215,629$361,631$541,040
             Total Gain$104,342$239,964$412,901$630,468
             Average Cash Flow/Year$1,513$2,433$3,418$4,471
             Average Cash Flow/Month$126$203$285$373
             Average Gain/Year$20,868$23,996$27,527$31,523
             Average ROI108.5%249.6%429.4%655.7%
             Annual ROI21.7%25.0%28.6%32.8%
             Projected Property Value$419,745$510,684$621,326$755,937

            Property Ratings Suggestions
             Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
             Schools  BAFAVORABLE
             Square Feet 10003,276FAVORABLE
             Bedrooms 34FAVORABLE
             Bathrooms 23FAVORABLE
             Year Built 19702007FAVORABLE
             Rent/Price (%) 0.75%0.67%INSUFFICIENT
             Average Cash Flow (at year 5)$125$126FAVORABLE
             Average ROI (at year 5)15%21.7%FAVORABLE







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            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.