1236 Richmond Ave
Kansas City, KS 66104
List Price
$225,000
Initial Investment
$61,313Purchase Price
$225,000
Down Payment
25%
Rent
$1,210
Total Return
$101,885
Annualized Return
20.0%
Cap Rate
3.6%
Gross Yield
6.5%
Cash Flow
-$4,694
Appreciation
9.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,534
HOA
None
Flood Risk
Not Required
Prepare to be charmed! This adorable 4-bedroom, 2-bathroom home has been meticulously renovated, offering a fresh start for its new owners. Enjoy brand new interior and exterior paint, stylish new flooring throughout, and a stunning new kitchen with a big island and some stainless steel appliances included. Major upgrades include a new roof, new windows, fully remodeled bathrooms with new vanities and plumbing, and a brand new AC/HVAC system installed in 2023. A small basement provides extra storage, and off-street parking also somo more parking located in the back. Relax on the inviting covered front deck. This home truly has it all!
See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852
Annual Financial Highlights
Expected Rent
$13,794Expenses
-$2,455Property Taxes
-$3,800Loan Payments
-$12,232Net Cash Flow
-$4,694See 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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SourceHeartland MLS
MLS #2533575
Last Updated: 03/04/2025 10:03
MLS #2533575
Last Updated: 03/04/2025 10:03