241 N Mill St

Kansas City, KS 66101
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4 bd, 2 ba | 2,820 sqft | Built in 1915

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,450

Total Return

$78,674

Annualized Return

25.7%

Cap Rate

7.5%

Gross Yield

11.6%

Cash Flow

$2,288

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,663

HOA

None

Flood Risk

Not Required

Calling all investors! Older home on large lot, that would be great as a mother-in-law quarters or rental space! Home has 2 separate living areas and entrances. Both levels have 2 bedrooms and 1 full bath, kitchen, family room. Upper level also has walk out deck. Needs lots of attention, but the potential is definitely there. Home being sold as is. Seller will do NO repairs. Water heater only 3 years old.

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NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$3,537

Property Taxes

-$2,550

Loan Payments

-$8,155

Net Cash Flow

$2,288

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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Listing Courtesy of:Marquita Green
Agent License 2001009248
Marquita Green
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2516130
Last Updated: 10/24/2024 10:10
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