2701 S Northern Blvd

Independence, MO 64052
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3 bd, 2 ba | 1,864 sqft | Built in 1957

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List Price
$249,500

Initial Investment

$67,989

Purchase Price

$249,500

Down Payment

25%

Rent

$1,610

Total Return

$95,705

Annualized Return

18.4%

Cap Rate

4.6%

Gross Yield

7.7%

Cash Flow

-$2,827

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

20,909

HOA

None

Flood Risk

Not Required

You will love the feeling you get when you step into this beautifully remodeled home that sits on a corner lot. With all the natural light you can ask for coming through the new windows in each room. It is stunning with two fireplaces that go from floor to ceiling. This home boast of a new kitchen with new kitchen cabinets, crown molding & new SS appliances. Beautifully refinished hardwood floors. New paint through-out. The screened in back porch is a delight to sit in and enjoy the outside. The basement is newly painted with a new sump pump & ready to be turned into more living space. It has the potential for more bedrooms & another bathroom. You can walk in or out of the basement from inside or outside. This home is sure to give you that warm & comfortable feeling of never wanting to leave home. It comes with a one-year home warranty to ensure everything goes smoothly for you. All this beautiful home needs are you and your family. You don't want to miss out on this one.

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

Annual Financial Highlights

Expected Rent

$18,354

Expenses

-$3,267

Property Taxes

-$4,350

Loan Payments

-$13,564

Net Cash Flow

-$2,827

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:Jackie Shepherd
Agent License 2014029797
Platinum Realty LLC
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2518008
Last Updated: 11/06/2024 10:11
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