1915 Nebraska Ave

Kansas City, KS 66102
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3 bd, 2 ba | 1,651 sqft | Built in 1926

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List Price
$140,000

Initial Investment

$38,150

Purchase Price

$140,000

Down Payment

25%

Rent

$1,370

Total Return

$72,554

Annualized Return

25.6%

Cap Rate

7.6%

Gross Yield

11.7%

Cash Flow

$2,292

Appreciation

7.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,841

HOA

None

Flood Risk

Not Required

This is a fixer-upper. Home had been updated 3-4 years ago. The bathtub removed in first floor bathroom and large tiled shower installed. Main floor with with greatroom, dining room, sun porch, bedroom, kitchen, and breakfast room or office. 2nd floor with 2 bedrooms and 1 bathroom. Kitchen had been updated with granite counter-tops and newer cabinets. Needs 4-6 kitchen cabinet doors. Front elevation of home can not be changed in subdivision without neighborhood approval.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$15,618

Expenses

-$3,365

Property Taxes

-$2,350

Loan Payments

-$7,611

Net Cash Flow

$2,292

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

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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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Similar Listings



Listing Courtesy of:Chris Dowell
Agent License SP00043224
ReeceNichols -Johnson County West
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2516343
Last Updated: 10/23/2024 09:10
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