$185,000
5042 S Benton Ave
Kansas City MO, 64130
Financial Returns
FinancingCash Flow/mo: $658
CashCash Flow/mo: $1,535
29.23%IRR
9.62%CAP Rate
16.10%Cash On Cash
$0Equity
Property Information
- Beds: 3
- Baths: 2
- Sq Feet: 1,495
- Year: 1914
- Monthly Rent: $1,745
- Property Taxes: $590
- Annual HOA: $0
This property is rehabbed and rented!
*SELLER TO CONTRIBUTE 2% TOWARDS BUYERS CLOSING COSTS!
*FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is a flat $109 a month fee.
*90 day warranty on all repairs, 1 year warranty on all major repair items!
Lease term: 02/07/2026 -- 02/28/2027
Financial Projections
Debt (137k, 134k, 130k, 118k) Equity (51k, 54k, 58k, 70k) Appreciation (9k, 30k, 52k, 118k) Cash Positioning (8k, 25k, 45k, 106k)
Financing Assumptions
| Loan Amount | $138,750 |
| Financed Rehab Amount | $0 |
| Interest Rate | 6.5% |
| Mortgage (yrs) | 30.0 |
| Mortgage Payment | $877 |
Initial Investment
| Down Payment (25%) | $46,250 |
| Credit From Seller | -$3,700 |
| Rehab Amount | $0 |
| Est Closing Cost (2%) | $3,700 |
| Points (2%) | $2,775 |
| Total Out Of Pocket | $49,025 |
Property KPI Without Financing
| Annual Cash Flow | $18,416 |
| All In Cost | $191,475 |
| Cap Rate | 9.62% |
Property KPI With Financing
| Annual Cash Flow | $7,892 |
| Total Out Of Pocket | $49,025 |
| Cash On Cash | 16.1% |
Swipe the table to see Year 1 to Year 10 →
| Annual Revenue Increase | 3% | 3% | 3% | 3% | |
| Annual Operating Expense Increase | 3% | 3% | 3% | 3% | |
| Annual Expense Ratio | 10.26% | 10.26% | 10.26% | 10.26% | |
| Monthly | Year 1 | Year 3 | Year 5 | Year 10 | |
|---|---|---|---|---|---|
| Revenues | |||||
| Potential Rental Income | $1,745 | $20,940 | $22,215 | $23,568 | $27,322 |
| Vacancy Rate (2%) | $35 | $419 | $444 | $471 | $546 |
| Gross Rental Income | $1,710 | $20,521 | $21,771 | $23,097 | $26,776 |
| Expenses | |||||
| Estimated Annual Property Taxes | $49 | $590 | $626 | $664 | $770 |
| Estimated Annual Homeowners Insurance | $75 | $900 | $955 | $1,013 | $1,174 |
| Maintenance & Repairs (3%) | $51 | $616 | $653 | $693 | $803 |
| Estimated Annual Prop Mgmt Fee (0%) | $0 | $0 | $0 | $0 | $0 |
| Estimated Annual HOA Dues | $0 | $0 | $0 | $0 | $0 |
| Utilities | $0 | $0 | $0 | $0 | $0 |
| Reserves | $0 | $0 | $0 | $0 | $0 |
| Total Expenses | $175 | $2,106 | $2,234 | $2,370 | $2,747 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,535 | $18,416 | $19,537 | $20,727 | $24,028 |
| Net Cashflow | $18,416 | $19,537 | $20,727 | $24,028 | |
| Cap Rate | 9.62% | 10.2% | 10.82% | 12.55% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $1,535 | $18,416 | $19,537 | $20,727 | $24,028 |
| Mortgage | $877 | $10,524 | $10,524 | $10,524 | $10,524 |
| Net Cashflow | $7,892 | $9,013 | $10,203 | $13,504 | |
| Cash On Cash | 16.1% | 18.38% | 20.81% | 27.55% | |
Property Photos
Projections assume 3% annual rent growth and 3% annual expense growth, based on the Turnkey End Buyer strategy. All figures are estimates for information only. Verify independently before investing.