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Updated over 4 years ago on . Most recent reply

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Sofia Sharkey
  • Property Manager
  • Kansas City, MO
221
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280
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Cashflowing short term rental in the heart of Kansas City

Sofia Sharkey
  • Property Manager
  • Kansas City, MO
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $182,000

Contributors:
Tom Sharkey

Bought this home in a trendy area of Kansas City off of the MLS with 0% down and a 3.75% interest rate. This was our primary residence and we used the VA loan. Spent about 10K on furnishings and turned it into a cash flowing short-term rental.

How did you add value to the deal?

Turned it into a short term rental (airbnb)

Most Popular Reply

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Marc Rice
  • Real Estate Agent
  • Columbus Cleveland Dayton, OH
1,808
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Marc Rice
  • Real Estate Agent
  • Columbus Cleveland Dayton, OH
Replied

@Sofia Sharkey

That’s awesome! I do short term rentals here in Ohio and it’s a great investment. We haven’t ventured as much into the larger homes as furnishing + vacancy is hard.

What are you grossing a month? Are you living there too?

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