$200,000
1478 E 77th St
Kansas City MO, 64131
Financial Returns
FinancingCash Flow/mo: $681
CashCash Flow/mo: $1,629
28.41%IRR
9.44%CAP Rate
15.42%Cash On Cash
$5,000Equity
Property Information
- Beds: 5
- Baths: 2
- Sq Feet: 1,396
- Year: 1950
- Monthly Rent: $1,850
- Property Taxes: $653
- Annual HOA: $0
This property is rehabbed and rented!
Immediate Cash Flow!
**SELLER TO CONTRIBUTE 2% TOWARDS BUYERS CLOSING COSTS!
*FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is a flat $109 fee.
*90 day warranty on all repairs, 1 year warranty on all major repair items!
Lease term is 4/1/26 - 5/31/27
Financial Projections
Debt (148k, 145k, 140k, 127k) Equity (55k, 58k, 63k, 76k) Appreciation (10k, 33k, 57k, 131k) Cash Positioning (8k, 26k, 47k, 110k)
Financing Assumptions
| Loan Amount | $150,000 |
| Financed Rehab Amount | $0 |
| Interest Rate | 6.5% |
| Mortgage (yrs) | 30.0 |
| Mortgage Payment | $948 |
Initial Investment
| Down Payment (25%) | $50,000 |
| Credit From Seller | -$4,000 |
| Rehab Amount | $0 |
| Est Closing Cost (2%) | $4,000 |
| Points (2%) | $3,000 |
| Total Out Of Pocket | $53,000 |
Property KPI Without Financing
| Annual Cash Flow | $19,550 |
| All In Cost | $207,000 |
| Cap Rate | 9.44% |
Property KPI With Financing
| Annual Cash Flow | $8,173 |
| Total Out Of Pocket | $53,000 |
| Cash On Cash | 15.42% |
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 | 10.14% | 10.14% | 10.14% | 10.14% | |
| Monthly | Year 1 | Year 3 | Year 5 | Year 10 | |
|---|---|---|---|---|---|
| Revenues | |||||
| Potential Rental Income | $1,850 | $22,200 | $23,552 | $24,986 | $28,966 |
| Vacancy Rate (2%) | $37 | $444 | $471 | $500 | $579 |
| Gross Rental Income | $1,813 | $21,756 | $23,081 | $24,487 | $28,387 |
| Expenses | |||||
| Estimated Annual Property Taxes | $54 | $653 | $693 | $735 | $852 |
| Estimated Annual Homeowners Insurance | $75 | $900 | $955 | $1,013 | $1,174 |
| Maintenance & Repairs (3%) | $54 | $653 | $692 | $735 | $852 |
| 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 | $184 | $2,206 | $2,340 | $2,483 | $2,878 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,629 | $19,550 | $20,741 | $22,004 | $25,509 |
| Net Cashflow | $19,550 | $20,741 | $22,004 | $25,509 | |
| Cap Rate | 9.44% | 10.02% | 10.63% | 12.32% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $1,629 | $19,550 | $20,741 | $22,004 | $25,509 |
| Mortgage | $948 | $11,377 | $11,377 | $11,377 | $11,377 |
| Net Cashflow | $8,173 | $9,364 | $10,627 | $14,132 | |
| Cash On Cash | 15.42% | 17.67% | 20.05% | 26.66% | |
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.