8013 Virginia Ave

Kansas City, MO 64131
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3 bd, 2 ba | 1,420 sqft | Built in 1947

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List Price
$99,000

Initial Investment

$26,978

Purchase Price

$99,000

Down Payment

25%

Rent

$1,470

Total Return

$63,933

Annualized Return

33.8%

Cap Rate

11.3%

Gross Yield

17.8%

Cash Flow

$4,948

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,712

HOA

None

Flood Risk

Not Required

Close on this investment property by end of 2024!! Perfect for a FLIP or BRRRR strategy, this 3-bed, 1.5-bathroom is situated in a quiet cul-de-sac within city limits. This property offers easy access to major highways, including Hwy 71, and is just a short drive to shopping and dining amenities at Wornall and Ward Parkway Center.
The main level features a bedroom and a full bathroom, offering privacy from the two additional bedrooms located upstairs. The layout and location make this home ideal for renovation and resale or long-term rental potential. Inspection report is available for review.

MARKETS

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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

$16,758

Expenses

-$4,628

Property Taxes

-$1,800

Loan Payments

-$5,382

Net Cash Flow

$4,948

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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Similar Listings



Listing Courtesy of:Tarik Wilkes
Agent License 2018012520
EXP Realty LLC
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2522056
Last Updated: 12/04/2024 17:12
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.