304 W Elm St

Orrick, MO 64077
image0

3 bd, 2 ba | 900 sqft | Built in 1960

slider image
slider image
slider image
List Price
$140,000

Initial Investment

$38,150

Purchase Price

$140,000

Down Payment

25%

Rent

$1,000

Total Return

$72,285

Annualized Return

24.1%

Cap Rate

6.1%

Gross Yield

8.6%

Cash Flow

$346

Appreciation

8.6%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,011

HOA

None

Flood Risk

Not Required

Adorable 3 bed 1.5 bath Brick-faced Ranch Home! Located in the quiet, tight-knit community of Orrick Missouri, you can enjoy the experience of living in the country while still being roughly 40 minutes from Downtown Kansas City. Home Welcomes you into the family/living room with lots of natural light. Down the hallway leads you to the main full bathroom, three bedrooms, and half-bathroom located in the master. The Kitchen is open and bright- ALL kitchen appliances stay! Utility/Laundry room is located off the Kitchen! Backdoor walks out to spacious concrete covered patio. Lot is flat, and perfect size for low-maintenance living, and leaves plenty of room for pets, gardening etc! Home has all new Interior Paint, newer windows, All PEX plumbing. Roof, HVAC, carpet and appliances all replaced in 2016, newer toilets & vanity in main bathroom, New Stain on front Deck, New sewer line replaced 3 years ago and new motor in the Hallway attic fan. Walking distance from schools! This is a great home for the money!

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

Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$2,143

Property Taxes

-$1,300

Loan Payments

-$7,611

Net Cash Flow

$346

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.

Similar Listings



Listing Courtesy of:Kyle Shaffer
Agent License 2020002543
Kyle Shaffer
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2501276
Last Updated: 07/25/2024 16:07
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.