Closed Rental Property # 15 in Kansas City
#15 is a 3/1.5/1 ranch with full basement in south KCMO in the Robandee area near Bannister road and Raytown.
I bought it wholesale for $34,000 and have a $11,000 fix it budget. Based on my recent experience with the house (#8) on nearby Lewis Avenue, I it will rent for $850 when finished out. The remodel is scheduled to complete by July 31st so I hope to get it leased for the full month of August. This was a cash purchase and I plan to finance out after the remodel is completed, so I will have quite a bit of cash tied up for several weeks on this property.
I hope everyone is doing well on your projects.
Cliff