Rental opportunity in Kansas City. 10% ROI, $300 cash flow

[Clint Looper]

Well maintained 2 Bedroom 1 Bath SFR for sale just outside of Kansas City. Average rent is $725.00. $300 positive cash flow. Based on lowest value estimates of $48,000, home will have $10,000 in equity at current price. Higher estimates place the home between $60,000 and $70,000 but I think that is a little high in this market. Would personally buy and BRRR this thing but I'm just starting and my finances aren't there yet.

Was purchased as a HUD home in 2014 and completely rehabbed. Hot water heater is 1 year old. Will need standard cosmetic work of new paint and carpet. Ceiling fan in living room is a little loose and needs to be remounted. Maybe some landscaping. Washer and dryer stay with the home. New refrigerator could possibly also stay with the home. Conservative budget of $1500 for repairs.

BiggerPockets Rental Calc shows 10% ROI and $300.00 positive cash flow.

Current owner/occupant would like to stay until June 3rd and pay rent but is willing to move for an all cash offer.  Willing to be flexible with the investor/buyer.  Selling because of personal issues.  Nothing to do with home or financial issues.

Pictures available soon.

Thanks!