805 S Pearl St

Paola, KS 66071
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3 bd, 3 ba | 2,068 sqft | Built in 1979

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List Price
$250,000

Initial Investment

$68,125

Purchase Price

$250,000

Down Payment

25%

Rent

$2,000

Total Return

$123,933

Annualized Return

23.7%

Cap Rate

6.4%

Gross Yield

9.6%

Cash Flow

$1,423

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,600

HOA

None

Flood Risk

Not Required

Check out this charming 3 bedroom, 2.5-bathroom split-level home, located on a quiet cul-de-sac next to Wallace Park—ideal for family outings and outdoor enjoyment! Grill or entertain on the spacious wood deck overlooking a fenced backyard, perfect for kids or pets. Recently refreshed with new exterior paint and a front deck update, this home feels welcoming from the moment you arrive.
Inside, the main level offers an inviting living area, seamlessly connected to a spacious kitchen and dining combo featuring beautiful granite countertops, updated cabinetry, and stainless-steel appliances—all included! The primary bedroom has its own half bath. The main full bathroom is located in the hall and has been updated.
The lower level boasts a large non-conforming third bedroom providing flexible space for a variety of needs. Additionally, there is another full bath/laundry room--washer and dryer are included, Plus, the seller is offering a $5,000 allowance for interior paint and flooring updates, allowing you to add your own personal touches and build some instant equity. Don’t miss this fantastic opportunity for a quick close—schedule your showing today!

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

Annual Financial Highlights

Expected Rent

$22,800

Expenses

-$4,195

Property Taxes

-$3,590

Loan Payments

-$13,591

Net Cash Flow

$1,423

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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SourceHeartland MLS
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Last Updated: 11/06/2024 22:11
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