Free Local Classifieds

Kansas City

Change

13% Cap Rate - 32% Cash on Cash Return - $1155 Positive Cash.. - $200,000  (Grandview)


Details
  • Address: 13231 U.S. 71 HIGHWAY , Grandview, MO 64030 (map)
  • Date Posted: 10/15/09
  • Size (sq ft): 3500
Description

13% Cap Rate - 32% Cash on Cash Return - $1155 Positive Cash Flow!
Features
Square Footage: 3500
Zoning: C2
Broker: More Homes LLC
Floors in Bldg: 2
Lot Size: 150 X 220
Pricing
Price: $200,000.00
Income: 26,000
Expenses: $4000
Cap Ratio: 13
Building Amenities
Security System
Exterior Amenities
Parking Lot
Near Shopping
Near Public Transit
Description
Approx 3500 Square Feet of Office Space.

150' Highway Frontage.

Remodel and Long Term Tenants Included.


$2500 Rents Per Month.


$1155 Positive Monthly Cash Flow!


Tenants pays Insurance and Maintenance.



Debt Coverage Ratio 2.14

Annual Gross Rent Multiplier 7

Monthly Gross Rent Multiplier 80

Capitalization Rate 13.0%

Cash on Cash Return 32%*

Total Return on Investment 45%


*based on 20% down loan 30 year conventional financing at 6.5% apr.

Contact: Missouri Real Estate Exchange | 816-761-9400 | DANREEDY@MOREKC.COM
For additional information, see: http://www.vflyer.com/home/crlk?id=2424946&ps=16 or reply to this ad.

Ad ID: 236794
Question? Problem?
Need help? Just contact us.