UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 512 sqft
Price per Sqft $85
Subdivision South Prospect Place
MLS Listing ID 2627839
Style Traditional
Bedrooms 1
Full Baths 1
Year Built 1923
Annual Tax Amount $408
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Single Family Residence
Source hmls
Property Description
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
Location
State MO
County Jackson
Rooms
Basement Stone/Rock
Interior
Heating Forced Air
Cooling Window Unit(s)
Flooring Laminate, Tile
Fireplace Y
Appliance Cooktop, Refrigerator
Laundry In Basement
Exterior
Parking Features false
Roof Type Composition
Building
Lot Description City Lot, Many Trees
Entry Level Bungalow,Ranch
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Martin Luther King
Middle Schools Central
High Schools Southeast
School District Kansas City Mo
Others
Ownership Investor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS
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