6215 Forest Avenue, Kansas City, MO 64110
$62 per month Positive Cash Flow!
2 Bed 1 Bath
Rent: $613 per month
  
Asking Price: $75,000
After Repair Value: $95,000
Equity: $20,000 (21%)
Cash Flow Analysis
Loan Amount: $60,000 (Assuming 20% down)
Annual Mortgage Interest Rate: 7%
Mortgage Term: 30 years
Taxes: $695, Insurance: $391
Monthly Payment (PITI): $489.67
Rent: $613
Property Management Fees: $61.30
Cash Flow: $62.03 per month
Cash Flow: $62 net cash in your pocket every month, property management fees already taken into consideration!
Completely renovated. Large living room with fire place, formal dining room. Huge master bedroom that can be divided into a third bedroom. Bright and spacious inside. Brand new roof.
Convenient location near various shopping and amenities. Nice and quite residential neighborhood that has excellent appreciation potential.
Property located within Southtown Kansas City's Troost Corridor which contains much of the City's premier commercial, cultural and educational centers. For more information on the development of this area, check out the Troost Corridor Action Plan.
Key Anchors/Amenities
- University of Missouri Kansas City (UMKC)
- Rockhurst University
- Police KCMO Metro Patrol Division and fire department
- New Home subdivision
- US Bank
- Walgreens
- Subway, Wendyˇ¦s, McDonald, Popeye
- Radio Shack, Auto Zone, Aldi, BP
- New Landing Mall ˇV Payless Shoe Store, etc.
- Research Hospital & Research Hospital Brookside
- New McDonald and market currently under construction
 Click on map to view larger image
Other Information about 6215 Forest
Subdivision: Dyer Place
Year Built: 1925
Total Sq Ft: 1257
Lot Size: 4356 sf
County: Jackson
Total 2007 Taxes: $695
Stories: 2
Basement: Full, stone
Dining: Formal
Fire Place: Yes
Heating: Central gas
Cooling: Central electric
Sold Comparables
MAP |
ADDRESS |
BEDS |
BATHS |
SQ FT |
SOLD DATE |
SOLD PRICE |
A |
737 E 62ND ST |
3 |
2 |
1624 |
06/16/2008 |
$74,875 |
B |
6212 FOREST AVE |
3 |
1 |
1158 |
06/09/2008 |
$78,894 |
C |
6124 CHARLOTTE ST |
3 |
1 |
1319 |
06/09/2008 |
$185,000 |
D |
5909 CHARLOTTE ST |
2 |
1 |
983 |
05/21/2008 |
$87,238 |
E |
6001 ROCKHILL RD |
2 |
2 |
1961 |
05/19/2008 |
$130,286 |
F |
6033 HARRISON ST |
3 |
1 |
1643 |
05/13/2008 |
$159,213 |
G |
5940 HOLMES ST |
3 |
1 |
1107 |
05/12/2008 |
$118,917 |
H |
1143 E 65TH ST |
3 |
2 |
1880 |
05/07/2008 |
$76,250 |
This home $ per sq ft: $59.67
Comps average $ per sq ft: $81.82
You save $22.15 per sq ft!
Click on the following links for:
More Photos
6215 Forest Street View
Note: All currency in US Dollars.
Please contact us for more information and to make an offer.
Local 816-799-3718
Toll Free 1-877-696-6575
info@vantagerei.com
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