Home with Investor Owner Financing in Kansas City / Independence, Mo

[Mark Boek]

Add to your monthly cash flow with this owner financed home in Independence, Mo.

Address: 1315 N Main St, Independence, Mo 64050

The details are as follows:

Located near the historic Independence square.

Mature trees, a great front porch, a few blocks from school, and a fenced yard make this a desirable home for tenants

Master bedroom is located conveniently on the main level, as well as the laundry room.

This home offers lots of closet space for your tenants' “stuff“, as well as an upstairs play area / office area / possible 4th bedroom.

Electric stove stays.

Ceiling fans in living room and dining room.

Furnace installed 2010

Unsure of age of central A/C, appears newer. Also has a window unit upstairs.

Carpet in living room, dining room, and bedrooms.

Ceramic tile floors in kitchen, laundry and bathrooms.

Newer double pane windows.

Separate out-building in back is ideal for studio, workshop, or storage. Also has attic storage available

Off-street parking possible off of alley in back.

Conveniently located within short walking distance to Chrisman High School

Schools: Independence (per Independence School District web site - please confirm)

Built 1860

1804 Square feet

.27 acre per Jackson County website

Yearly Taxes: $1157.06 per Jackson County website.

Market Rent: $850-900/mo

$377.72 Monthly Principle and Interest payment.

Purchase Price: $75,000.00

Investor Owner Finance Terms:

$12,000 down.

6% interest amortized over 30 years.

Entire balance due in 7.5 year.

$6,150.94 Net Operating Income after 5% vacancy, 10% Mgmt, 10% Mntnc, Insurance, & Taxes

To view pictures of the property, go to my website at:

http://win3propertylistings.com/view.php?item=3281...

Rent ready. Exterior siding on wall of outbuilding could use some repair - see picture on website.

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Thanks for looking,

Mark Boek

816-401-3544

Owner Agent