$184,500
4008 Brooklyn Ave
Kansas City MO, 64130
Financial Returns
FinancingCash Flow/mo: $766
CashCash Flow/mo: $1,595
32.90%IRR
10.02%CAP Rate
18.79%Cash On Cash
$20,500Equity
Property Information
- Beds: 3
- Baths: 2
- Sq Feet: 1,539
- Year: 1913
- Monthly Rent: $1,800
- 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! LIMITED TIME OFFER!
*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 (137k, 133k, 129k, 116k) Equity (51k, 54k, 59k, 71k) Appreciation (10k, 32k, 57k, 131k) Cash Positioning (9k, 29k, 52k, 120k)
Financing Assumptions
| Loan Amount | $138,375 |
| Financed Rehab Amount | $0 |
| Interest Rate | 6% |
| Mortgage (yrs) | 30.0 |
| Mortgage Payment | $830 |
Initial Investment
| Down Payment (25%) | $46,125 |
| Credit From Seller | -$3,690 |
| Rehab Amount | $0 |
| Est Closing Cost (2%) | $3,690 |
| Points (2%) | $2,768 |
| Total Out Of Pocket | $48,893 |
Property KPI Without Financing
| Annual Cash Flow | $19,142 |
| All In Cost | $190,958 |
| Cap Rate | 10.02% |
Property KPI With Financing
| Annual Cash Flow | $9,186 |
| Total Out Of Pocket | $48,893 |
| Cash On Cash | 18.79% |
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 | 9.57% | 9.57% | 9.57% | 9.57% | |
| 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 | $51 | $611 | $648 | $688 | $797 |
| Estimated Annual Homeowners Insurance | $65 | $780 | $828 | $878 | $1,018 |
| 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 | $169 | $2,026 | $2,149 | $2,280 | $2,644 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,595 | $19,142 | $20,308 | $21,544 | $24,976 |
| Net Cashflow | $19,142 | $20,308 | $21,544 | $24,976 | |
| Cap Rate | 10.02% | 10.63% | 11.28% | 13.08% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $1,595 | $19,142 | $20,308 | $21,544 | $24,976 |
| Mortgage | $830 | $9,956 | $9,956 | $9,956 | $9,956 |
| Net Cashflow | $9,186 | $10,352 | $11,589 | $15,020 | |
| Cash On Cash | 18.79% | 21.17% | 23.7% | 30.72% | |
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.