Subject: Wholesale Contract for Sale: 8914 MANCHESTER AVE KCMO 64138



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$71,000 - 8914 MANCHESTER AVE KCMO 64138
Bedrooms: 3
Bathrooms: 2
Parking Spaces: 2
Year Built: 1959
Subdivision: Fairwood and Robandee
Lot Size: 7995
Garage Size: 1
Square Footage: 1500 finished
Rehab Estimate: 36,000
ARV: 155,000

Price: $71,000
Flexibility: Negotiable

8914 Manchester Ave
Kansas City, MO 64138

I contracted this property deal - and may still yet tackle this one as a fix and flip myself - (if you see it has a pending offer - it does - ME!! ) ;) but thought i would offer it out to the buyer's list... price is marked up to include my wholesalers fee - but make your offer... My due diligence has shown the numbers below:

Bed: 3
Bath: 2
Square Feet: 1500 (Including Full Basement)
Year Built: 1959

Location: Great investment property. This is a great opportunity in great condition and we are eager to sell. This is a fixer upper and the home has some foundation repairs included in our rehab estimate. 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.
Foundation repair. Rehab budget used was $36,000 to complete the above.

Investment Details
Purchase Price : $ 71,000 (includes wholesalers fee + Double Escrow Closing Costs)
Repair Cost: $36,000
ALL-IN dollars $107,000 (Purchase Price plus Rehab Costs).
ARV (After Repair Value): $ 155,000 (CMA shows comps 135-155)
Projected Equity (All Cash): $ 48,000
Rental Income ranging: $ 825-1200
Estimated Turnaround: 3 months



Justin Chamness
Created with vFlyer MarketingEqual Housing Opportunity | VFLYER ID: 325982011


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Created with vFlyer MarketingEqual Housing Opportunity | VFLYER ID: 325982011
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