5521 Wallace Ave

Kansas City, MO 64129
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3 bd, 3 ba | 2,372 sqft | Built in 1970

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List Price
$175,000

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,410

Total Return

$88,896

Annualized Return

23.6%

Cap Rate

5.9%

Gross Yield

9.7%

Cash Flow

$91

Appreciation

8.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,149

HOA

None

Flood Risk

Not Required

INVESTOR SPECIALPriced to Sell! Discover the potential of this spacious 3-bedroom, 2.5 bathroom split-entry home nestled in a great neighborhood within the Raytown School District. Though the home needs TLC, it presents a wonderful opportunity for you to personalize and transform it into your dream space. Don't miss the change to make this property yours today! Sellers will look at all offers! Buyers agent to verify taxes and sq ft.

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

Annual Financial Highlights

Expected Rent

$16,074

Expenses

-$2,969

Property Taxes

-$3,500

Loan Payments

-$9,514

Net Cash Flow

$91

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:Bre Dayton
Agent License 2017041694
Bre Dayton
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2520430
Last Updated: 11/20/2024 19:11
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.