3805 Cleveland Ave

Kansas City, MO 64128
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3 bd, 2 ba | 1,968 sqft | Built in 1923

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List Price
$107,000

Initial Investment

$29,158

Purchase Price

$107,000

Down Payment

25%

Rent

$1,250

Total Return

$70,721

Annualized Return

31.4%

Cap Rate

9.0%

Gross Yield

14.0%

Cash Flow

$3,139

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,745

HOA

None

Flood Risk

Not Required

This property offers a prime investment opportunity for those looking to take on a rehab project. This single-family home is a 3-bedroom, 2-bathroom residence with over 1900 square feet of living space. This property offers excellent potential for either a fix-and-flip or a long-term rental investment! Schedule your showing today!

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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

$14,250

Expenses

-$3,394

Property Taxes

-$1,900

Loan Payments

-$5,817

Net Cash Flow

$3,139

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:EWN Group
Real Broker, LLC-MO
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2519171
Last Updated: 11/12/2024 13:11
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.