Cheap House Kansas City – 1318 Cleveland Ave
$22,196 2 bd, 1 ba, 1048 sqft
1318 Cleveland Avenue Kansas City, MO 64127
– NUMBERS – PURCHASE PRICE: $22,196 ESTIMATED REHAB: $5,000 ALL-IN: $27,196
Estimated Rent: $700
Taxes: $17
Management: $70
Insurance: $50
Maintenance & Vacancy: $42
Net Cash Flow = $521 x 12 (Months) = $6,255 Yearly Net Income
$6,255 (Yearly Net Income)/$22,196 (All-In) = 23% COC
This property is 1 of 7 properties on one street we have for sale! Call to get information to buy all 7 properties!!
School District: Kansas City School District
This property is tenanted. Please do not disturb.
This Cheap House in Kansas City is an excellent property to start building your passive income today! Call TODAY! (816) 566-5011.
Get into your Kansas City investment property TODAY!
To view all of the properties we have available please visit our website.
We provide Rehab and Rent-Ready Services.
If you’ve got a buyer that might be interested in this property, give us a call so that we can discuss a commission.
Looking for more fix and flip properties? We have a steady supply of rentals and flips for sale. Let us do all the hard work for you! We pay for all marketing, negotiate the deals, then bring them to you on a silver platter. Building your real estate portfolio through Five Star could not get any easier!
Real estate investing is a team sport, and Five Star is your team in Kansas City. We are a fully integrated real estate investment company and will help you handle everything from beginning to end. From picking out the property you would like to purchase, to construction, leasing and property management. We provide it all! Let the Five Star team become your team. Together, we can build wealth through real estate. This property is a great example of one of our fix and flips and the quality deals we bring to the table.
Check out our blog and podcast to learn more about our company and get a feel for everything we have to offer!
Property Details Price: $22,196 Address: 1318 Cleveland Avenue City: Kansas City State: Missouri Zip Code: 64127 Year Built: 1900 Terms: For Sale Property Type: Home Square Feet: 1048 Bedrooms: 2 Bathrooms: 1 Basement: unfinished Lot Size: 4,356 sqft Const. Type: Single Family HomeCall (816) 566-5011 for more details
www.fivestarwholesaling.com
THIS MESSAGE IS FROM THE COMPANY UNDER WHICH THE AUTHOR AND IT'S AFFILIATES OPERATE. THIS MESSAGE IS INTENDED TO INFORM THE RECIPIENT. MANAGEMENT FEES VARY AND ARE TYPICALLY CALCULATED AT 10%. IT IS AT THE DISCRETION OF THE AUTHOR TO DETERMINE A REASONABLE MANAGEMENT FEE. INSURANCE RATES ARE TYPICALLY CALCULATED AT $50 PER MONTH, PER UNIT. VACANCY/MAINTENANCE IS CALCULATED AT 6% OF THE GROSS MONTHLY RENT. DOWN PAYMENT IS CALCULATED AT 20% OF THE PURCHASE PRICE. LOAN PAYMENT IS CALCULATED AT 4% APR OVER 30 YEARS. RECENT SALES AND COMPARABLE ARE PULLED FROM ONLINE RESOURCES, SUCH AS ZILLOW, RPR, MLS, CITY-DATA. CASH ON CASH IS DEFINED AS THE CASH INCOME REALIZED ON THE CASH INVESTED. IT IS THE CUSTOMERS RESPONSIBILITY TO CHECK THE ACCURACY OF ALL DATA. THE COMPANY AND IT'S AFFILIATES MAY SELLING THEIR BENEFICIAL INTEREST IN THE PROPERTY WITHOUT TAKING TITLE TO THE PROPERTY. LICENSED REAL ESTATE PROFESSIONALS ARE STAFFED BY THE COMPANY AND IT'S AFFILIATES. THIS COMPANY AND/OR ITS AFFILIATES DO NOT ASSUME, WARRANT, OR GUARANTEE CURRENT OR FUTURE VALUES, RENTS, OR COSTS. LEVERAGING PROPERTIES RESULTS IN A HIGHER DEGREE OF RISK. THIS COMPANY AND/OR ITS AFFILIATES DO NOT ASSUME, WARRANT, OR GUARANTEE CURRENT OR FUTURE VALUES OR COSTS ASSOCIATED WITH THE CONSTRUCTION ESTIMATE. CONSTRUCTION ESTIMATES ARE GIVEN FOR REFERENCE ONLY AND IT IS THE CUSTOMERS RESPONSIBILITY TO CHECK THE ACCURACY OF THE ESTIMATE. DIFFERENCE OF ESTIMATE AND ACTUAL COST WILL BE THE SOLE RESPONSIBILITY OF THE BUYER. AFTER CLOSING, THE COMPANY WILL NOT BE HELD LIABLE FOR CHANGE ORDERS, UNFORESEEN REPAIRS, OR ANY OTHER COSTS ASSOCIATED WITH THE PROPERTY. RENTAL PROPERTIES INVOLVE RISK AND MAY NOT BE FOR ALL INVESTORS. INVESTORS SHOULD TAKE LEGAL ADVISE BEFORE ENTERING INTO A CONTRACT. LOSSES MAY BE INCURRED GREATER THAN THE AMOUNT INITIALLY DEPOSITED. OPINIONS, ESTIMATES, AND PROJECTIONS IN THIS EMAIL CONSTITUTE THE CURRENT JUDGEMENT OF THE AUTHOR.