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3115 Harrison St.

Kansas City, MO 64109

 

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7 Bedroom 3 Bathroom - Rents for $950+/month

Tri-Plex, Cashcow

Asking Price:                     $30,000 
Estimated rehab costs:     $25,000 See Below

Home inspection and estimate ready to show, PLUS contractor in place and ready to start!

Estimated total costs: $55,000
ARV Estimate: $96,404.33  See Below or download complete comps

ARV for an income producing property: ~210,000

Giving YOU ~$40,000 profit!

Not enough for YOU???

Refinance $60K at 7% interest and 75% ARV.

Instant Tax Deferred Payday of: 

Rent: 

Mortgage payment (incl taxes):

Insurance:                

Total MONTHLY Cashflow:

$15,000

$2100

-$539

-$133

$1428/month

That’s a cash-on-cash return of 58.5% just the first year

This is a great opportunity for easy money.  Get instant equity AND monthly cashflow! Our reliable contractor and home inspector have already evaluated the property. It will need only $25,000 of work to appraise at about $95,000!
 
Out-of-State or New Investor?  Let us walk you through the whole process at no additional cost!  We can show you where to go to finance the deal and where to go refinance the deal (if you want to keep it for cashflow). Our power team is available to assist you. We have experienced and dependable contractors, property managers, and realtors ready to work for you!  Or use your own team!  You can't go wrong with this deal!

 

 

 

 

Subject Property Pictures:

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Repairs:

 

new flooring throughout

paint throughout (includes sheetrock repairs)

new appliances (including furnace and air condenser)

cabinet refinish/replace

replace bathrooms

electrical repair

minor exterior repairs