11036 N Locust St

Kansas City, MO 64155
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3 bd, 1 ba | 952 sqft | Built in 1950

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List Price
$100,000

Initial Investment

$27,250

Purchase Price

$100,000

Down Payment

25%

Rent

$1,790

Total Return

$80,061

Annualized Return

40.6%

Cap Rate

13.1%

Gross Yield

21.5%

Cash Flow

$6,684

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

15,246

HOA

None

Flood Risk

High Risk - Zone AREA NOT INCLUD

*IGNORE THE LIST PRICE AND BID ON THIS AFFORDABLE OPPORTUNITY!* Complete Fixer Upper located on large corner lot right off N. Oak Traffic Way in the Staley School district. This home is a 3 bedroom 1 bath Ranch, ready for a fresh new look and some elbow grease. Home has 5 yr old HVAC and Hot water Heater, roof is approx. 8 years old. Stop by and take a look, this project won't last long! This property is being sold As-Is where -is. Please visit our website for more information, Auction dates, and to Register to bid. This home is NOT a foreclosure. Seller Reserves The right to accept Offer Prior to Auction - ALL AUCTION TERMS AND CONDITIONS NEED APPLY! Auction dates TBD.

See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941

Annual Financial Highlights

Expected Rent

$20,406

Expenses

-$6,285

Property Taxes

-$2,000

Loan Payments

-$5,437

Net Cash Flow

$6,684

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:April Kabrick
Agent License 2020002257
RE/MAX Auction House, LLC.
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2520681
Last Updated: 11/22/2024 07:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.