3521 23 ST. JOHN, KANSAS CITY, MO 64123

3521/23 ST. JOHN, KANSAS CITY, MO 64123

NON RECOURSE FINANCING OPTION $48,500

ASSET TYPE: DUPLEX
YEAR BUILT: 1920
SIZE-AQFT UNDER AIR: 2464
BEDS: 3 PER SIDE
BATHS: 1 PER SIDE
PURCHASE PRICE: $85,000
CASH DOWN: $36,315
PRICE PER SQFT UNDER AIR: $34.49
TAX (YEAR): $804
INSURANCE: $750 (estimate)
VACANCY/ MAINT.: $1,680 (5% for each)
MANANGEMENT FEE: $1,680 (10% OF GROSS ANNUAL INCOME)
FINANCE CHARGES: $3,784.47 (7.99% amortized over twelve years)
TOTAL ANNUAL EXPENSES: $8,698.47
RENT (MONTHLY): $1,400 (*typical rents)
ESTIMATED ANNUAL RENT: $16,800
ESTIMATED ANNUAL NET INCOME: $9,781.53
ESTIMATED NET YIELD CAP RATE: 22.3%

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