5108 S Cottage Ave
Independence, MO 64055
List Price
$220,000
Initial Investment
$59,950Purchase Price
$220,000
Down Payment
25%
Rent
$1,680
Total Return
$90,903
Annualized Return
20.3%
Cap Rate
5.7%
Gross Yield
9.2%
Cash Flow
-$249
Appreciation
7.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
9,173
HOA
None
Flood Risk
Not Required
This beautiful two-story residence features 4 bedrooms & 2 full bathrooms. This home provides you and your family with a cozy and comfortable living space. Freshly painted inside with a brand new roof, refinished hardwood floor in the living room, fixtures, and hardware throughout! This prime location offers quick access to Kansas City's heart, the Plaza, Summit Fair, and local amenities like shopping & restaurants, all within a short drive. Independence address with Raytown schools. Loads of potential in the unfinished basement or additional storage with just under 1,000 sq ft available. Come see this today!
See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941
Annual Financial Highlights
Expected Rent
$19,152Expenses
-$3,440Property Taxes
-$4,000Loan Payments
-$11,960Net Cash Flow
-$249See 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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SourceHeartland MLS
MLS #2501105
Last Updated: 07/26/2024 09:07
MLS #2501105
Last Updated: 07/26/2024 09:07