106 15th St

Osawatomie, KS 66064
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3 bd, 1 ba | 1,296 sqft | Built in 1952

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List Price
$142,000

Initial Investment

$38,695

Purchase Price

$142,000

Down Payment

25%

Rent

$1,290

Total Return

$65,544

Annualized Return

22.3%

Cap Rate

6.2%

Gross Yield

10.9%

Cash Flow

$362

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

57,499

HOA

None

Flood Risk

Not Required

PLENTY OF POTENTIAL WITH THIS PROPERTY - DON'T MISS THE OPPORTUNITY TO OWN A HOME ON ACREAGE IN THE CITY LIMITS. THREE BEDROOM RANCH STYLE HOME W/ATTACHED TWO CAR GARAGE. PREVIOUS ADDITION WAS ADDED TO CREATE AN OPEN FLOOR PLAN. ORIGINAL KITCHEN CONVERTED TO THE LAUNDRY ROOM WITH CABINETS FOR EXTRA STORAGE *PERMANENT SIDING ON THE EXTERIOR FOR LOW MAINTENANCE* ENJOY THE PATIO ON THE BACK OF THE HOME.* ALSO INCLUDED IS A 30 X 42 GARAGE/SHOP WITH OVERSIZED GARAGE DOOR. LOCATED ON A DEAD END STREET. GREAT PROPERTY FOR PEOPLE WHO LIKE TO FISH AND LOVE WILDLIFE. PROPERTY EXTENDS NORTH TO THE MARAIS DES CYGNE RIVER. ONLY THE NORTH EDGE OF PROPERTY ALONG THE RIVER IS SHOWING IN THE FLOOD PLAIN. SELLER IS SELLING "AS IS" WITH THE BUYER HAVING THE RIGHT TO DO INSPECTIONS AND BE SATISFIED WITH THE CONDITION.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$14,706

Expenses

-$3,044

Property Taxes

-$3,580

Loan Payments

-$7,720

Net Cash Flow

$362

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Terry Grant
Agent License SP00038687
Terry Grant
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2516467
Last Updated: 10/23/2024 09:10
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