$210,000
4225 E 62nd St
Kansas City MO, 64130
Financial Returns
FinancingCash Flow/mo: $646
CashCash Flow/mo: $1,641
28.08%IRR
9.15%CAP Rate
14.47%Cash On Cash
$0Equity
Property Information
- Beds: 4
- Baths: 2
- Sq Feet: 1,100
- Year: 1939
- Monthly Rent: $1,850
- Property Taxes: $611
- 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: 05/01/2026 -- 05/01/2027
Financial Projections
Debt (156k, 152k, 147k, 134k) Equity (55k, 59k, 64k, 78k) Appreciation (11k, 34k, 59k, 134k) Cash Positioning (8k, 25k, 45k, 106k)
Financing Assumptions
| Loan Amount | $157,500 |
| Financed Rehab Amount | $0 |
| Interest Rate | 6.5% |
| Mortgage (yrs) | 30.0 |
| Mortgage Payment | $996 |
Initial Investment
| Down Payment (25%) | $52,500 |
| Credit From Seller | -$4,200 |
| Rehab Amount | $0 |
| Est Closing Cost (1%) | $2,100 |
| Points (2%) | $3,150 |
| Total Out Of Pocket | $53,550 |
Property KPI Without Financing
| Annual Cash Flow | $19,692 |
| All In Cost | $215,250 |
| Cap Rate | 9.15% |
Property KPI With Financing
| Annual Cash Flow | $7,746 |
| Total Out Of Pocket | $53,550 |
| Cash On Cash | 14.47% |
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 | 9.49% | 9.49% | 9.49% | 9.49% | |
| 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 | $51 | $611 | $648 | $688 | $797 |
| Estimated Annual Homeowners Insurance | $67 | $800 | $849 | $900 | $1,044 |
| 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 | $172 | $2,064 | $2,189 | $2,323 | $2,693 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,641 | $19,692 | $20,892 | $22,164 | $25,694 |
| Net Cashflow | $19,692 | $20,892 | $22,164 | $25,694 | |
| Cap Rate | 9.15% | 9.71% | 10.3% | 11.94% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $1,641 | $19,692 | $20,892 | $22,164 | $25,694 |
| Mortgage | $996 | $11,946 | $11,946 | $11,946 | $11,946 |
| Net Cashflow | $7,746 | $8,945 | $10,218 | $13,748 | |
| Cash On Cash | 14.47% | 16.7% | 19.08% | 25.67% | |
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.