$200,000
4009 Agnes Ave
Kansas City MO, 64130
Financial Returns
FinancingCash Flow/mo: $741
CashCash Flow/mo: $1,640
30.82%IRR
9.51%CAP Rate
16.78%Cash On Cash
$18,000Equity
Property Information
- Beds: 3
- Baths: 2
- Sq Feet: 1,768
- Year: 1913
- Monthly Rent: $1,850
- Property Taxes: $675
- 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! After that it is a flat $109 a month!
*90 day warranty on all repairs, 1 year warranty on all major repair items!
Lease term: 11/01/2025 -- 11/01/2026
Financial Projections
Debt (148k, 144k, 140k, 126k) Equity (55k, 59k, 63k, 77k) Appreciation (11k, 34k, 61k, 140k) Cash Positioning (9k, 28k, 51k, 118k)
Financing Assumptions
| Loan Amount | $150,000 |
| Financed Rehab Amount | $0 |
| Interest Rate | 6% |
| Mortgage (yrs) | 30.0 |
| Mortgage Payment | $899 |
Initial Investment
| Down Payment (25%) | $50,000 |
| Credit From Seller | -$4,000 |
| Rehab Amount | $0 |
| Est Closing Cost (2%) | $4,000 |
| Points (2%) | $3,000 |
| Total Out Of Pocket | $53,000 |
Property KPI Without Financing
| Annual Cash Flow | $19,684 |
| All In Cost | $207,000 |
| Cap Rate | 9.51% |
Property KPI With Financing
| Annual Cash Flow | $8,892 |
| Total Out Of Pocket | $53,000 |
| Cash On Cash | 16.78% |
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 | 9.52% | 9.52% | 9.52% | 9.52% | |
| 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 | $56 | $675 | $716 | $760 | $881 |
| Estimated Annual Homeowners Insurance | $62 | $744 | $789 | $837 | $971 |
| 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 | $173 | $2,072 | $2,198 | $2,332 | $2,703 |
| Returns Without Financing | |||||
| NOI (Cash Available) | $1,640 | $19,684 | $20,883 | $22,155 | $25,684 |
| Net Cashflow | $19,684 | $20,883 | $22,155 | $25,684 | |
| Cap Rate | 9.51% | 10.09% | 10.7% | 12.41% | |
| Returns With Financing | |||||
| NOI (Cash Available) | $1,640 | $19,684 | $20,883 | $22,155 | $25,684 |
| Mortgage | $899 | $10,792 | $10,792 | $10,792 | $10,792 |
| Net Cashflow | $8,892 | $10,091 | $11,363 | $14,892 | |
| Cash On Cash | 16.78% | 19.04% | 21.44% | 28.1% | |
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.