710 Berkshire Dr

Belton, MO 64012
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4 bd, 3 ba | 1,976 sqft | Built in 1999

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List Price
$220,000

Initial Investment

$59,950

Purchase Price

$220,000

Down Payment

25%

Rent

$2,010

Total Return

$121,556

Annualized Return

26.4%

Cap Rate

7.3%

Gross Yield

11.0%

Cash Flow

$3,165

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,756

HOA

None

Flood Risk

Not Required

STOP! If you want a house you can live in while remodeling & that will build your equity FAST ... this is it! When this home is walk-in-ready it comps for $295-305,000 but the Seller wants to sell AS IS so has priced it LOW to sell fast to the highest bidder! This 4 bdrm, 3 bath, sun room and a small workshop is in a great neighborhood and has excellent bones; it just needs a facelift! Flip it or keep it ... there's money to make!!! Open to all investors or home owners with a dream!

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

Annual Financial Highlights

Expected Rent

$22,914

Expenses

-$4,529

Property Taxes

-$3,260

Loan Payments

-$11,960

Net Cash Flow

$3,165

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:Michelle Gibler
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Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2518658
Last Updated: 11/07/2024 07:11
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