$185,000
7622 Sni A Bar Rd
Kansas City MO, 64129
Financial Returns
FinancingCash Flow/mo: $645
CashCash Flow/mo: $1,522
29.56%IRR
9.54%CAP Rate
15.78%Cash On Cash
$10,000Equity
Property Information
- Beds: 4
- Baths: 1
- Sq Feet: 1,542
- Year: 1948
- Monthly Rent: $1,785
- Property Taxes: $1,150
- Annual HOA: $0
This property is rehabbed and rented! Immediate Cash Flow! We did an independent appraisal on this one back in January, and it came in at $195,000.
**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: 02/01/2026 - 01/31/2028
Financial Projections
Debt (137k, 134k, 130k, 118k) Equity (51k, 54k, 58k, 70k) Appreciation (10k, 31k, 54k, 125k) Cash Positioning (8k, 25k, 44k, 104k)
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 | $18,262 |
| All In Cost | $191,475 |
| Cap Rate | 9.54% |
Property KPI With Financing
| Annual Cash Flow | $7,738 |
| Total Out Of Pocket | $49,025 |
| Cash On Cash | 15.78% |
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 | 13% | 13% | 13% | 13% | |
| Monthly | Year 1 | Year 3 | Year 5 | Year 10 | |
|---|---|---|---|---|---|
| Revenues | |||||
| Potential Rental Income | $1,785 | $21,420 | $22,724 | $24,108 | $27,948 |
| Vacancy Rate (2%) | $36 | $428 | $454 | $482 | $559 |
| Gross Rental Income | $1,749 | $20,992 | $22,270 | $23,626 | $27,389 |
| Expenses | |||||
| Estimated Annual Property Taxes | $96 | $1,150 | $1,220 | $1,294 | $1,500 |
| Estimated Annual Homeowners Insurance | $79 | $950 | $1,008 | $1,069 | $1,240 |
| Maintenance & Repairs (3%) | $52 | $630 | $668 | $709 | $822 |
| 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 | $227 | $2,730 | $2,896 | $3,072 | $3,562 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,522 | $18,262 | $19,374 | $20,554 | $23,828 |
| Net Cashflow | $18,262 | $19,374 | $20,554 | $23,828 | |
| Cap Rate | 9.54% | 10.12% | 10.73% | 12.44% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $1,522 | $18,262 | $19,374 | $20,554 | $23,828 |
| Mortgage | $877 | $10,524 | $10,524 | $10,524 | $10,524 |
| Net Cashflow | $7,738 | $8,850 | $10,030 | $13,304 | |
| Cash On Cash | 15.78% | 18.05% | 20.46% | 27.14% | |
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.