Small two bedroom with outstanding cash flow

529 N Lawndale Ave, Kansas City, MO 64123

$50,000 After Repair Value -
$45,000 Asking Price -
$0 Cost of Repairs =
$5,000 Potential Profit

Property Details

Asking Price $45,000

After Repair Value $50,000

Costs of Repairs $0

Potential Profit $5,000

Living Area 700 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $60,000

Yearly Expenses $475

Property Taxes $320

Net Operating Income $5,000

Cap Rate 10

Property Description

Only 700 (+/-) sq ft, located on a corner lot, and easy to maintain. I have owned this house for just over 20 years and now ready to sell. Renovations over the last few years include, complete rewire, insulation, drywall, hot water tank, steel insulated front and back doors, insulated vinyl siding to include double pain windows and long life architectural singles. Furnace and Central Air in excellent working condition. Has a superior rental history @ $550 per month Call or text 816-392-7290.

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