Just Right Real Estate- 816-389-8760
 
Your Key to a Smart Investment.....

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Eastwood (Kansas City, Missouri, US - 64117)
MLS® $248,000
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Winwood Package




"Package of 8 houses"
 

Just Right Real Estate, Inc.


Chris Dawson
 
Chris Dawson
Email Chris
 
Phone: 816-389-8760
Cell: 816-343-8819
Fax: 816-221-0607
 
Details

Address: 4244 Spruce Ave Type: Multifamily Style:  Bedrooms: 12 Bathrooms: 8 Lot Type: Rectangular Taxes: $3,644.00 (2007)
 
Description

8 House package deal. This package offers excellent ROI and the owner is willing to guarantee 18% ROI year one. Current ROI is 23% with a CAP rate of 10.19%. Monthly rental income is $4,300 and $51,600 annually. All properties are rented with a one year lease. This package includes 4 two bedroom houses and 4 one bedroom houses.

These properties are in good condition and rarely vacant due to location, location, location and North Kansas City School District. The properties are NOT in the inner city so are holding value far better. This is an excellent opportunity for investors looking for turnkey rentals with excellent ROI.

Possible short sale situation! Local bank will finance or possible loan assumption. Bring all offers!!
 
Highlights

▪ 8 seperate houses ▪ 4, 2 bedroom 1 bath
▪ 4, 1 bedroom 1 bath ▪ Fully rented w/ $51,000 in yearly gross rents
▪ Owner will GUARANTEE at least 18% ROI the first year w/ 10% down.

P2#2174624

Information is deemed to be correct but not guaranteed.



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