Archive for Uncategorized

3225 Holmes

3225 Holmes Kansas City, MO 64109

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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