6906 E 113th Ter

Kansas City, MO 64134
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3 bd, 1 ba | 936 sqft | Built in 1953

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List Price
$145,000

Initial Investment

$39,513

Purchase Price

$145,000

Down Payment

25%

Rent

$1,150

Total Return

$77,009

Annualized Return

24.3%

Cap Rate

5.9%

Gross Yield

9.5%

Cash Flow

$45

Appreciation

9.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,712

HOA

None

Flood Risk

Not Required

Turn-Key Investment Opportunity in Ruskin Heights! Looking for a hassle-free, income-generating property? Look no further! This 3-bedroom, 1-bath home is tenant-occupied with a reliable lease in place through June 2025, making it a smart investment choice. The spacious living room and kitchen provide ample space, with room for a dining table, making it a desirable rental property. A bonus room off the dining area, complete with new carpet, adds extra versatility to the layout. Laundry hookups are conveniently located off the bonus room. The large fenced backyard is a highlight, offering outdoor space for tenants to enjoy. Don't miss out on this turn-key investment with a reliable tenant in place!

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

Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$2,532

Property Taxes

-$2,650

Loan Payments

-$7,883

Net Cash Flow

$45

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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eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2508765
Last Updated: 09/06/2024 17:09
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