$176,400
5331 Indiana Ave
Kansas City MO, 64130
Financial Returns
FinancingCash Flow/mo: $795
CashCash Flow/mo: $1,589
34.46%IRR
10.44%CAP Rate
20.42%Cash On Cash
$19,600Equity
Property Information
- Beds: 4
- Baths: 1.5
- Sq Feet: 1,250
- Year: 1955
- Monthly Rent: $1,800
- Property Taxes: $570
- 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 monthly fee.
*90 day warranty on all repairs, 1 year warranty on all major repair items!
Lease term: 10/22/2025 -- 10/31/2026
Financial Projections
Debt (131k, 127k, 123k, 111k) Equity (48k, 52k, 56k, 68k) Appreciation (10k, 31k, 54k, 125k) Cash Positioning (10k, 30k, 54k, 123k)
Financing Assumptions
| Loan Amount | $132,300 |
| Financed Rehab Amount | $0 |
| Interest Rate | 6% |
| Mortgage (yrs) | 30.0 |
| Mortgage Payment | $793 |
Initial Investment
| Down Payment (25%) | $44,100 |
| Credit From Seller | -$3,528 |
| Rehab Amount | $0 |
| Est Closing Cost (2%) | $3,528 |
| Points (2%) | $2,646 |
| Total Out Of Pocket | $46,746 |
Property KPI Without Financing
| Annual Cash Flow | $19,063 |
| All In Cost | $182,574 |
| Cap Rate | 10.44% |
Property KPI With Financing
| Annual Cash Flow | $9,545 |
| Total Out Of Pocket | $46,746 |
| Cash On Cash | 20.42% |
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 | 9.94% | 9.94% | 9.94% | 9.94% | |
| Monthly | Year 1 | Year 3 | Year 5 | Year 10 | |
|---|---|---|---|---|---|
| Revenues | |||||
| Potential Rental Income | $1,800 | $21,600 | $22,915 | $24,311 | $28,183 |
| Vacancy Rate (2%) | $36 | $432 | $458 | $486 | $564 |
| Gross Rental Income | $1,764 | $21,168 | $22,457 | $23,825 | $27,619 |
| Expenses | |||||
| Estimated Annual Property Taxes | $48 | $570 | $605 | $642 | $744 |
| Estimated Annual Homeowners Insurance | $75 | $900 | $955 | $1,013 | $1,174 |
| Maintenance & Repairs (3%) | $53 | $635 | $674 | $715 | $829 |
| 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 | $2,105 | $2,233 | $2,369 | $2,747 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,589 | $19,063 | $20,224 | $21,456 | $24,873 |
| Net Cashflow | $19,063 | $20,224 | $21,456 | $24,873 | |
| Cap Rate | 10.44% | 11.08% | 11.75% | 13.62% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $1,589 | $19,063 | $20,224 | $21,456 | $24,873 |
| Mortgage | $793 | $9,518 | $9,518 | $9,518 | $9,518 |
| Net Cashflow | $9,545 | $10,705 | $11,937 | $15,354 | |
| Cash On Cash | 20.42% | 22.9% | 25.54% | 32.85% | |
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.