Bedrooms: 2+ Bathrooms: 1+ Parking Spaces: 2 Year Built: 1954 Square Footage: 994 Rehab Estimate: $25,000 ARV: $130,000
Price: $66,000 Flexibility: Negotiable
7236 PARKVIEW AVE
Kansas City, KS 66109
| Nice rental returns, and not a bad fix and flip... numbers are pretty good!
7236 PARKVIEW AVE KCKS 66109
Property Stats
Bed: 2 – increased to 3
Bath: 1 – increased to 2
Square Feet: 994
Year Built: 1954
Location: Great investment property. 2 bedroom on a corner lot. Walking distant to Washington school. Fireplace in the living room. 1 car garage. Large fenced in lot. Huge unfinished basement yours for the finishing for extra space. Nice patio area to entertain.
Required Rehab:
Landscaping required to make the property pristine, presentable and with curb appeal.
Service/repair of the mechanical system to assure maximum efficiency.
Updating kitchen and bathroom cabinets.
Fresh Paint on the interior to modernize the look and feel of the home.
Increasing unfinished space in basement to add bedroom and bathroom.
Rehab budget used was $25,000 to complete the above – ALL-IN dollars $91,000.
Investment Details:
Purchase Price : $ 66,000
(Includes Wholesale Fees)
ARV (After Repair Value): $ 130,000
Projected Equity (All Cash): $ 39,000
Rental Income ranging: $ 950-1350
Estimated Turnaround: 3 months
Let me know if you want to buy this contract!!!
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