205 Grandview St

Richmond, MO 64085
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2 bd, 1 ba | 1,414 sqft | Built in 1890

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List Price
$142,500

Initial Investment

$38,831

Purchase Price

$142,500

Down Payment

25%

Rent

$1,420

Total Return

$83,060

Annualized Return

28.6%

Cap Rate

8.5%

Gross Yield

12.0%

Cash Flow

$3,619

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,456

HOA

None

Flood Risk

Not Required

Nice older home with vinyl siding and metal roof, and newer windows, 2 bedrooms on main floor, 3 non- conforming rooms (used as bedrooms in the past) upstairs. New vinyl plank flooring in the kitchen. 24 X 30 shop/garage, insulated, 220 electricity ,car lift, concrete flooring, heat and cooling, 1/2 bath, attic fan and lots of storage! Nice covered front porch and above ground pool with large deck and big fenced in back yard! Selling AS IS- house needs TLC

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NEIGHBORHOOD

SCHOOLS

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Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941

Annual Financial Highlights

Expected Rent

$16,188

Expenses

-$3,522

Property Taxes

-$1,300

Loan Payments

-$7,747

Net Cash Flow

$3,619

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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Similar Listings



Listing Courtesy of:Kandi Harrison
Agent License 2004012617
Platinum Realty LLC
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2535143
Last Updated: 03/14/2025 11:03
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