6600 E 96th Ter

Kansas City, MO 64134
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3 bd, 2 ba | 1,835 sqft | Built in 1956

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List Price
$154,000

Initial Investment

$41,965

Purchase Price

$154,000

Down Payment

25%

Rent

$1,130

Total Return

$78,441

Annualized Return

23.2%

Cap Rate

5.4%

Gross Yield

8.8%

Cash Flow

-$583

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

18,069

HOA

None

Flood Risk

Not Required

Terrific 3 bed,1.5 bath home on a corner lot in Fairlane! This ranch home has a 2 car garage, expansive backyard, and hardwood floors throughout! 1/2 bath located off the master bathroom. The walk-out basement offers an opportunity to create even more finished space! This property is currently leased for $1,350/month thru 6/30/2025. Hot water heater and furnace new in 2021. This property would be a great addition to your rental portfolio!

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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

$12,882

Expenses

-$2,293

Property Taxes

-$2,800

Loan Payments

-$8,372

Net Cash Flow

-$583

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:Sally Burns
Agent License 2016043038
Sally Burns
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2518417
Last Updated: 11/05/2024 10:11
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.