Calling all investors and handy buyers! Here's your chance to purchase an affordable fixer-upper with tremendous upside. This 1-bedroom, 1-bath home features 512 square feet and is ready for someone to bring it back to life. Ideal as a flip, rental, or budget-friendly renovation project. Opportunities at this price don't come along often. Property is being sold As-Is. Hard to find a better yield in Kansas City. 5708 Park Ave is a fully rehabbed, professionally managed single-family rental priced at $44,000 producing $8,232 in net annual cash flow — an 18.71% cap rate. Currently vacant and easy to show. The numbers (at $1,050/mo): Gross annual rent: $12,600 Property taxes: $407.56 Insurance: $1,200 Property management (10%): $1,260 Pro forma maintenance: $1,500 Total expenses: $4,367.56 Net annual cash flow (NOI): $8,232
Courtesy of KW KANSAS CITY METRO 913-825-7500
/u.realgeeks.media/eliterealty/Street_Sign.jpg)