3225 Holmes

By admin • April 19th, 2011

3225 Holmes Kansas City, MO 64109

3225 holmes

Property Features

  • 2 Bedrooms
  • 1 Baths
  • 850 sqft
Currently being rented for $834
APPRAISED VALUE YOUR PURCHASE PRICE
$57,000 $48,000

INVESTMENT STRATEGY:

25% Down Payment Loan Amount Closing Costs
$12,000 $36,000 $3,400

Total Out of Pocket at Closing: $15,400

Mortgage payment (based on 7% interest): Taxes and Insurance:
$293.51 $150

Monthly Costs: $456.51
Current Rental Agreement 8% Management fee Actual Rental Income
$834 $67 $767

Monthly Cash Flow $377.49

ROI: 29.4%

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