$189,000
5521 Brooklyn Ave
Kansas City MO, 64130
Financial Returns
FinancingCash Flow/mo: $691
CashCash Flow/mo: $1,587
30.87%IRR
9.73%CAP Rate
16.55%Cash On Cash
$21,000Equity
Property Information
- Beds: 4
- Baths: 2
- Sq Feet: 1,325
- Year: 1914
- Monthly Rent: $1,900
- Property Taxes: $1,799
- Annual HOA: $0
Rehabbed and rented! Appraisal from last year came in at $210,000.
2% SELLER CONCESSIONS TOWARDS BUYERS CLOSING COSTS!
*FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that, a flat $109 prop mgmt fee per month.
Lease Term - 4/1/26-4/1/27.
Financial Projections
Debt (140k, 137k, 133k, 120k) Equity (52k, 55k, 59k, 72k) Appreciation (10k, 33k, 58k, 134k) Cash Positioning (8k, 27k, 47k, 111k)
Financing Assumptions
| Loan Amount | $141,750 |
| Financed Rehab Amount | $0 |
| Interest Rate | 6.5% |
| Mortgage (yrs) | 30.0 |
| Mortgage Payment | $896 |
Initial Investment
| Down Payment (25%) | $47,250 |
| Credit From Seller | -$3,780 |
| Rehab Amount | $0 |
| Est Closing Cost (2%) | $3,780 |
| Points (2%) | $2,835 |
| Total Out Of Pocket | $50,085 |
Property KPI Without Financing
| Annual Cash Flow | $19,039 |
| All In Cost | $195,615 |
| Cap Rate | 9.73% |
Property KPI With Financing
| Annual Cash Flow | $8,287 |
| Total Out Of Pocket | $50,085 |
| Cash On Cash | 16.55% |
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 | 14.79% | 14.79% | 14.79% | 14.79% | |
| Monthly | Year 1 | Year 3 | Year 5 | Year 10 | |
|---|---|---|---|---|---|
| Revenues | |||||
| Potential Rental Income | $1,900 | $22,800 | $24,189 | $25,662 | $29,749 |
| Vacancy Rate (2%) | $38 | $456 | $484 | $513 | $595 |
| Gross Rental Income | $1,862 | $22,344 | $23,705 | $25,148 | $29,154 |
| Expenses | |||||
| Estimated Annual Property Taxes | $150 | $1,799 | $1,909 | $2,025 | $2,347 |
| Estimated Annual Homeowners Insurance | $70 | $836 | $887 | $941 | $1,091 |
| Maintenance & Repairs (3%) | $56 | $670 | $711 | $754 | $875 |
| 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 | $275 | $3,305 | $3,507 | $3,720 | $4,313 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,587 | $19,039 | $20,198 | $21,428 | $24,841 |
| Net Cashflow | $19,039 | $20,198 | $21,428 | $24,841 | |
| Cap Rate | 9.73% | 10.33% | 10.95% | 12.7% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $1,587 | $19,039 | $20,198 | $21,428 | $24,841 |
| Mortgage | $896 | $10,751 | $10,751 | $10,751 | $10,751 |
| Net Cashflow | $8,287 | $9,447 | $10,677 | $14,090 | |
| Cash On Cash | 16.55% | 18.86% | 21.32% | 28.13% | |
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.