Updated over 8 years ago on . Most recent reply
Leavenworth Kansas SF Single Family Rental with Comps
Post below or PM me if you are interested.
1124 Cherokee St Leavenworth, KS 66048
Nice & quiet neighborhood. Great location for a rental home in Leavenworth! Fully rehabbed!!
3 bed, 2 bath, 1 attached garage, 1125 sqft, built 1985.
Price: $ 59,000
Carrying Costs: $1,000
Closing Costs: $2,000
Total Turnkey Price: $62,000
Rental Projections
Monthly Rent: $825
Taxes: $40.11
Management: $82.5
Vacancy Reserve: $41.25
Insurance: $60
Maintenance Reserve: $41.25
Net: $576.39
Monthly x 12: $6,916.68
Strictly Cash on Cash ROI: 11.16%
Financed/Refinanced 75%
Down Payment: $15,500
Mortgage Interest Rate: 5.5%
Mortgage Amortization: 25
Mortgage Monthly Payment: $285
Net Cash Flow Less Mortgage: $576.39
Net Net x 12: $3.490.08
Financed Cash on Cash ROI: 22.52%
Comps*
See similar homes sold nearby (Zillow)
704 N 12th St, Leavenworth, KS
2 bed, 1 bath, 798 sqft
Sold 10/16/15
Sold for $64,000 (80.20 price per sqft)
2 attached garage
0.8 miles away
Notes and Disclosures: The ARV (After Repair Value) is based on a broker's and/or Realtor's price opinion. The broker and/or Realtor is not an appraiser, and does not claim to be an appraiser. We are real estate investment service entities. We have provided the information within this brochure for the benefit of investors. Investors are encouraged to verify all estimations independently. We assume no liability, expressed or implied, for the accuracy of our estimations. We do not give authority, expressed or implied, to the recipient of this information to enter onto this property.