103 N Cogan Ln

Independence, MO 64050
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3 bd, 2 ba | 1,104 sqft | Built in 1967

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List Price
$114,400

Initial Investment

$31,174

Purchase Price

$114,400

Down Payment

25%

Rent

$1,570

Total Return

$85,083

Annualized Return

35.6%

Cap Rate

10.6%

Gross Yield

16.5%

Cash Flow

$4,977

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

17,477

HOA

None

Flood Risk

Not Required

The property has been foreclosed. It will be sold in its present condition—no state seller disclosure form exists. The back property line only goes to the fence line. The lot behind belongs to the neighbor.
The property needs to be rehabbed from top to bottom. Be sure to review the lower level—no lights or water are turned on, and the condition of those items is unknown.
Easy access to 291 Highway. The selling agent and the buyer are to confirm all information.

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

Annual Financial Highlights

Expected Rent

$17,898

Expenses

-$4,702

Property Taxes

-$2,000

Loan Payments

-$6,219

Net Cash Flow

$4,977

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:Mary Hendrickson
Agent License 1999110458
Coldwell Banker Regan Realtors
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2519639
Last Updated: 11/13/2024 10:11
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