Price reduced by $120,000!! Don’t miss this opportunity [code: 304]

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  • 8 bedroom 4 bath multi-unit property.  There are four 2 bedroom/1 bath units
  • Asking price has just been reduced by $120,000!!
  • Vinyl siding, newer deck with Trac Stairs
  • Selling AS-IS, seller will not make any repairs and inspections are welcome
  • No (low) crime area
  • All units are updated except unit A
  • Unit B has recently been completely renovated, new upgraded kitchen appliances, flooring, carpet, new bathroom, kitchen has been furnished
  • Unit B is vacant and can be shown.  All other units will be available to show once a signed contract has been accepted.
  • Unit D is completely furnished
  • New washer/dryer for tenants in washroom between C and D on main floor
  • Over $1200/mo. cash flow 
  • 2 car attached garage
  • One unit is vacant, Other three are rented, 2 rented at $650 each (under market), 1 unit at $1000
  • Award winning A-rated schools
  • 20,350 square foot lot

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

  • Built: 1986 
  • Size: 3,040  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

            Code: 304

            Property Specifications4Per Door
             Square Feet3040760
             Year Built1986 
             Garage Size04 covered spots 
             Schools Rating (on scale of A-F)A/B 

            Purchase AssumptionsMy OfferPer Door
            Offer used for analysis$475,000$118,750
            Suggested offer (low)$475,000$118,750
            Suggested offer (high)$475,000$118,750
            Market Value (after improvements)$475,000 
            Improvements (lower)$6,000$1,500
            Improvements (upper)$10,000$2,500
            Closing Costs$4,750 
            Mortgage Costs$4,750$1,188
            Other Fees At Closing$0$0
            Total Cost $492,500$1,188

            Financial AssumptionsMonthlyYearly
            Rent (upper)$4,250$4,500$54,000
            Rent (lower)$4,000$48,000
             Property Tax Rate (Approx.)1.4% 
             Property Taxes$320$3,840
            Variable-Cost PM7.2% 
            Property Management Fee$304$3,647
             Leasing Fee68%$119.5$1,434
             Vacancy Rate4.0% 
             Total Fixed Expenses$1,301$15,615
             Total Expenses (Fixed + Mortgage)$3,160$37,915

            Financial Analysis / Deal Attractiveness    
             Cap Rate10.7%12.1%13.6%15.2%
             Net Cash Flow$72,643$164,451$277,421$413,754
             Equity Increase$133,198$296,793$497,782$744,790
             Total Gain$205,841$461,244$775,203$1,158,543
             Average Cash Flow/Year$14,529$16,445$18,495$20,688
             Average Cash Flow/Month$1,211$1,370$1,541$1,724
             Average Gain/Year$41,168$46,124$51,680$57,927
             Average ROI151.1%338.5%569.0%850.3%
             Annual ROI30.2%33.9%37.9%42.5%
             Projected Property Value$577,910$703,116$855,448$1,040,783

            Property Ratings Suggestions
             Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
             Schools  BAFAVORABLE
             Square Feet 10003,040FAVORABLE
             Bedrooms 38FAVORABLE
             Bathrooms 24FAVORABLE
             Year Built 19701986FAVORABLE
             Rent/Price (%) 0.75%0.95%FAVORABLE
             Average Cash Flow (at year 5)$125$1,211FAVORABLE
             Average ROI (at year 5)15%30.2%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.