521 523 JACKSON ST, KANSAS CITY, MO 64127

521/523 JACKSON ST, KANSAS CITY, MO 64127

NON RECOURSE FINANCING OPTION $94,430

ASSET TYPE: MULTI FAMIY RESIDENCE/4 PLEX
YEAR BUILT: 1917
SIZE-AQFT UNDER AIR: 3514
BEDS: 2 PER SIDE
BATHS: 1 PER SIDE
PURCHASE PRICE: $150,000
CASH DOWN: $62,315
PRICE PER SQFT UNDER AIR: $42.68
TAX (YEAR): $1,380
INSURANCE: $950 (estimate)
VACANCY/ MAINT.: $2,880 (5% for each)
FINANCING CHARGES: $7,368.41
MANANGEMENT FEE: $2,880 (10% OF GROSS ANNUAL INCOME)
TOTAL ANNUAL EXPENSES: $15,458.41
RENT (MONTHLY): $2,400 (*typical rents)
ESTIMATED ANNUAL RENT: $28,800
ESTIMATED ANNUAL NET INCOME: $13,341.59
ESTIMATED NET YIELD CAP RATE: 21.4%