Bedrooms: 3 Bathrooms: 1 Parking Spaces: 2 Year Built: 1945 Square Footage: 1314 Rehab Estimate: 35000 ARV: 170,000
Price: $85,000 Flexibility: Negotiable
933 E 77th Ter
Kansas City, MO 64131
| Hey Check out This Wholesale Property Contract Deal! This is a CHARMING 3 bed 1 bath 1.5 Story Home! Spacious room sizes, hardwood floors throughout and extra room for storage in attic and large unfinished basement. Attached 1 Car Garage.
Important Dates
Cash Money Deposit (CMD) Amount : $ 3,000 USD
CMD and Fee due on signing: November 15, 2018
(CMD is non-refundable and will be required upon acceptance of Assignment Agreement)
Due Diligence due date: November 22, 2018
Closing Date: December 13, 2018 or sooner
Property Stats
Bed: 3
Bath: 1 – increased to 2
Square Feet: 1314
Year Built: 1945
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 replace/repair any windows and doors.
Fresh Paint on the interior to modernize the look and feel of the home.
Increasing unfinished space in loft and basement to add bathroom.
Rehab budget used was $35,000 to complete the above – ALL-IN dollars $120,000.
Investment Details
Purchase Price : $ 85,000
(Includes Wholesale Fees)
ARV (After Repair Value): $ 170,000
Projected Equity (All Cash): $ 50,000
Rental Income ranging: $ 1,200 - $1,400
Estimated Turnaround: 3 months
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