8817 E 85th Ter
Raytown, MO 64138
List Price
$179,900
Initial Investment
$49,023Purchase Price
$179,900
Down Payment
25%
Rent
$1,280
Total Return
$111,120
Annualized Return
26.5%
Cap Rate
5.4%
Gross Yield
8.5%
Cash Flow
-$666
Appreciation
10.5%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,790
HOA
None
Flood Risk
Not Required
Welcome to 8817 E 85th Terrace, a charming single-family home nestled in the heart of Raytown, MO. This delightful residence, built in 1957, offers a perfect blend of classic charm and modern updates.
Key Features:
3 Bedrooms, 2 Bath: This cozy home features three spacious bedrooms and a well-appointed bathroom, providing ample space for family living.
Living Space: With approximately 1,536 sq. ft. of living area, the home boasts hardwood floors, fresh paint, and ensuring comfort and style.
Updated Kitchen: The kitchen is a chef’s dream with updated cabinets and granite countertops.
Basement: The lower level includes a rec room or non-conforming bedroom, a second bath, offering additional living space and versatility.
Outdoor Space: Enjoy the huge fenced yard, perfect for outdoor activities and gatherings.
Additional Features: The home includes a one-car garage
Located in a neighborhood with easy access to local amenities, this home is ideal for those seeking a comfortable and convenient lifestyle. Don’t miss the opportunity to make 8817 E 85th Terrace your new home!
Feel free to ask if you need more details or have any other questions!
See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941
Annual Financial Highlights
Expected Rent
$14,592Expenses
-$2,597Property Taxes
-$2,880Loan Payments
-$9,780Net Cash Flow
-$666See 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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SourceHeartland MLS
MLS #2501386
Last Updated: 07/26/2024 09:07
MLS #2501386
Last Updated: 07/26/2024 09:07