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Kansas City

Single Family Home

|

Turnkey Rental

✅ Pre-contract due diligence complete.

Ref: KCE40-5011

Property Description

Own this fully renovated 3-bedroom 1-bathroom single family home generating $1,695 in monthly rents, and expected to deliver a leveraged ROI of +31.6% p.a. over 10 years. Pre-negotiated seller concessions apply, included a significant closing cost contribution

Property Details
🏢 Single Family
🛏️ 3 Bedroom
🛁 1 Bathroom
📐 1,595 sq. ft.
🛠️ Fully Renovated
💵 $1,695/month rents

Purchase Metrics
💵 Purchase Price: $189,000
💰 Initial Investment: $62,370*
🏦 Financed: $132,300*

*Based on 70% LTV mortgage. Includes 30% downpayment and 3% closing costs. For access to the full purchase analysis, please Download Financials.

Neighbourhood Analysis
This neighborhood's real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.

There is a reasonable mixture of owners and renters. Most of the homes were built between 1940 and 1969. A number of residences were also built before 1940.

After some years of localized population decline, families are starting to move back into the neighborhood as first time buyers look to take advantage of lower homes prices.

House prices are rising, with CoreLogic data suggesting forward price appreciation of +32% through Q1 2028, equating to an average annual appreciation rate of +9.76% p.a. for the next 3 years. Rents are also rising at an average annual rate of +6.7% p.a.

✅ Population Growth: -1.07%*
✅ Regional Jobs: +1.68% p.a.
✅ Income Trend: +4.1% p.a.
✅ Capital Appreciation: +7.47% p.a.**
✅ Unemployment: +0.00% p.a.
✅ Rent Price Trend: +7.4% p.a.
✅ Vacancy Trend:-1.2% p.a.
✅ Homeownership Trend:+0.7% p.a.

*Population growth over 5-years based on a 3-mile radius of the subject property.
**Capital appreciation over the previous 12 months to Q4 2024.
All data provided by Corelogic. For access to the full neighborhood report, please Download Financials or Schedule a Call.

Renovation
The home has beenrenovated to an exceptional standard, including a ground-up remodel throughout. Quite literally everything is brand new!

Financing for Non-Residents
Loan Type: 30-Year Amortized
Terms: 30-Year Fixed Interest
Interest Rate: 6.76% to 7.5%
Loan to Value: Up to 75%

Investment Returns
🧮 Initial Cap Rate: 8%
📈 10-yr ROI: 31.6% p.a.*

*Based on financing with a 70% LTV mortgage at 7.5% interest. Terms vary. Schedule a call to get pre-approved today.

Due Diligence
🔍 Our team hascompleted phase 1 due diligence, including:

✅ Purchase analysis
✅ Financing pre-approval
✅ 30-yr buy and hold analysis
✅ Seller disclosure review
✅ Scope of work review
✅ Initial home inspection
✅ Title report
✅ CMA valuation
✅ 328-datapoint neighborhood analysis
✅ Lease & rent roll review

Pre-closing due diligence:

✅ Lenders Appraisal (valuation)
✅ Title Insurance
✅ Final Home Inspection

For access to the supporting documents for this case study, please Download the Financial Analysis or Schedule a Call.

Purchase Price

$189,000

Initial Investment*

$62,370

Current Rent

$1,695

Cap Rate

8% p.a.

10 Year ROI

31.6% p.a.

Initial Investment comprises: 30% down payment and 6% closing costs.

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Investment Pro-Forma

To access the comprehensive financial analysis, please Download Financials.

Over the course of over 100+ investment property acquisitions of our own, we've learned a thing or two about how to invest safely in the United States real estate market.

While there are a lot of markets and properties to choose from, we developed our particular investment strategy to meet the needs of overseas investors like us, focussing on delivering the perfect balance of steady, long-term equity growth and income - with minimal risk.

Our investment strategy includes;

1. Market Selection
2. Property Selection
3. Financing
4. Asset Management

Here's how we do it...

Market Selection
We focus on sourcing properties in C+ to B- Rising Star* neighbourhoods. We use a 328-point data-driven analysis to assess the quality of the market at a micro/local level (10 block to 3-mile radius).

✅ Demography - A stable or growing local population (-1% to +1% p.a.).
✅ Socio-Economics - Positive jobs growth and income growth.
✅ Housing Affordability - Below local, regional, and national-level pricing.
✅ Cashflow - Positive cashflow after operating and debt service costs.
✅ Landlord Friendly - No rent control, landlord friendly lease law, easy eviction process.
✅ Ownership - A good mix of renters and homeowners.
✅ Rental Demand - Low vacancy rates and rising rents.

What we avoid...

⛔ Rough neighbourhoods with lots of vacant houses.
⛔ Low income subsidized housing.
⛔ Markets with low homeownership.

While markets with super-cheap property might seem enticing, more often than not they come with a very problematic tenant base and chronically under-maintained properties.

This usually manifests as challenging property management, a high risk of property damage, high maintenance costs, negative cashflow, and no tangible exit strategy.

Property Selection
Form fixer-uppers to turnkey rentals, single-family to multifamily, there are many different types of property to purchase. In our experience not all of them work out well for long-distance investors. We focus on fully-renovated properties that are well-priced and generate positive cashflow.

✅ Fully-renovated properties.
✅ Positive cashflow after operating costs and debt service.
✅ Single family homes and small multifamily (1 to 4 apartment buildings).
✅ Suitable for mortgage lending.

What we avoid...

⛔ Fixer uppers.
⛔ Super-cheap properties.
⛔ Over-priced 'investment properties'.
⛔ Non-bankable properties.

We conduct a thorough due diligence process both pre and post-contract to ensure you don't overpay, or end of with a 'problem property', including;

✅ Independent home inspection.
✅ Independent appraisal (valuation).
✅ Title report.
✅ Title insurance.

Financing
While you can buy with cash (some of our clients do), we prefer to use leverage (mortgages) to purchase our properties. Our specialist lenders provide investor loans to Non-U.S. Residents with no U.S. credit, no social security number, and no proof of income.

Using leverage allows us to...

✅ Build a portfolio of real estate with less capital.
✅ Capture more equity growth.
✅ Build more portfolio income.
✅ Benefit from mortgage paydown (amortization).
✅ Benefit from long-term fixed rates and rising rents (increasing net income).

The financing strategy we recommend includes;

✅ 50% to 75% loan-to-value.
✅ 30-year fixed interest rates.
✅ DSCR loans (no proof of income or credit checks).
✅ Refinancing after 36 to 60 months (equity drawdown and/or better interest rates).

What we don't recommend...

⛔ Overleveraging (borrowing too much).
⛔ Refinancing too soon.

Asset Management
We truly believe our asset management and ROI optimization process is the best available for overseas investors. Once you've purchased your property, we work with you to ensure your investment stays profitable and tax-efficient for as long as you own it. Our process includes;

✅ Assigning a high-quality proactive property manager.
✅ Heavily vetting prospective tenants.
✅ Regular 'eyes on' property inspections.
✅ Reviewing your monthly statements.
✅ Reconciling rents.
✅ Regularly auditing your expenses.
✅ Keeping detailed records for tax filing.
✅ Filing the correct tax forms to ensure your taxes are minimized or eliminated entirely.
✅ Planning your exit strategy.

If you have questions, or would like to learn more about our investment strategy, please use the link below to book a call with a member of our team and we will be happy to guide you.

Book a 1-2-1 Strategy Call

Our due diligence process sets us apart from other real estate investment providers.

We make sure you never overpay for a property, or end up with a problem property that ends up losing money instead of making money.

Pre-Investment Due Diligence
You get to choose from pre-approved properties that have already passed phase-1 due diligence:

✅ Initial home inspection (in-house).
✅ 328-point neighbourhood analysis.
✅ Title report.
✅ 30-year comprehensive financial analysis.
✅ Financing pre-approval
✅ Seller disclosure review
✅ Scope of work review
✅ CMA valuation
✅ Lease & rent roll review

Pre-Closing Due Diligence
Before closing, further due diligence includes;

✅ Final independent home inspection (including roof and sewer scope).
✅ Independent appraisal (valuation).
✅ Title insurance.

If you have questions, or would like to learn more about our due diligence process, please use the link below to book a call with a member of our team and we will be happy to guide you.

Book a 1-2-1 Strategy Call

Our simple 5-step investment process makes investing in the United States easy and stress free for Non-U.S. Citizens.

1. Strategy Call
We work with you personally 1-on-1 to create an acquisition and financing strategy that ensure you purchase property that aligns with your own investment objective and long-term goals.

2. Choose A Property
You get to choose from pre-approved properties that have already passed through our due diligence filter, ensuring you purchase a high-quality property in the right location for the right price, that will grow in value and generate positive cashflow.

3. Funding
We submit your deal to our panel of specialist lenders, choose a financing package, and carry out the final stage of due diligence.

4. Remote Closing
You close on your investment property fully-remotely, online from home, usually within 21 days!

5. Asset Management
We continue to work with you through the life of your investment, making sure your property portfolio continue to grow in value, generate income, and remain as tax-efficient as possible.

If you have questions, or would like to learn more about our purchase process, please use the link below to book a call with a member of our team and we will be happy to guide you.

Book a 1-2-1 Strategy Call

Our specialist lenders provide easy access to investor financing for Non-U.S. Residents.

Once we submit your deal for funding, our lender will provide up to 3 loan options with varying terms and interest rates.

We will work with you to choose the most appropriate option that aligns with your goals and investment objectives.

Loan Features;

✅ DSCR Investor Loans.
✅ No credit check.
✅ No social security number.
✅ No proof of income.
✅ 30-year fixed interest rates.
✅ up to 75% loan to value.
✅ Loans from $100,000 to $1 million.

If you have questions, or would like to learn more about the different loan options available for Non-U.S. citizens, or get pre-approved for financing, please use the link below to book a call with a member of our team and we will be happy to guide you.

Book a 1-2-1 Strategy Call

We truly believe our asset management and ROI optimization process is the best available for overseas investors.

Once you've purchased your property, we work with you to ensure your investment stays profitable and tax-efficient for as long as you own it.

Our process includes;

✅ Assigning a high-quality proactive property manager.
✅ Heavily vetting prospective tenants.
✅ Regular 'eyes on' property inspections.
✅ Reviewing your monthly statements.
✅ Reconciling rents.
✅ Regularly auditing your expenses.
✅ Keeping detailed records for tax filing.
✅ Filing the correct tax forms to ensure your U.S. taxes are minimized or eliminated entirely.
✅ Planning your exit strategy.

If you have questions, or would like to learn more about our asset management process, please use the link below to book a call with a member of our team and we will be happy to guide you.

Book a 1-2-1 Strategy Call

U.S. real estate can be incredibly tax efficient when compared with other global markets. But it can also be very tax-heavy if you do not file your taxes correctly.

As part of our asset management service, our specialist CPAs work with you to ensure your investment stays tax-efficient and profitable long into the future, including;

✅ Making sure your U.S. property taxes are paid on time.
✅ Establishing an accurate cost basis for accounting.
✅ Keeping detailed records of income and expenses.
✅ Maximizing your deductible expenses.
✅ Making the correct elections when filing U.S. taxes.
✅ Helping you to report accurately in your own jurisdiction.

If you have questions, or would like to learn more about taxation for Non-U.S. Residents, please use the link below to book a call with a member of our team and we will be happy to guide you.

Book a 1-2-1 Strategy Call

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IMPORTANT INFORMATION

Cashflow rentals is a consultancy company and does not act as a real estate broker. The information listed on this page was provided by the property owner/seller/broker. All information is deemed to be reliable, but not guaranteed.

Projected returns are based on a cash-on-cash basis using a mortgage to fund 70% of the purchase.

This property is subject to final due diligence before closing, including independent property inspections and lender's appraisal.

It is the responsibility of a prospective buyer to confirm the accuracy of any pro forma, including estimated rent ranges, closing costs, taxes, insurance, appraisals, and third-party inspections before purchasing any property. Mortgage interest rates are subject to change and actual rates will vary.

Projection Assumptions:
Mortgage Rate: 7.75%
Mortgage LTV: 70%
Annual Capital Appreciation: 5%
Annual Rent Appreciation: 5%
Annual Expense Appreciation: 3%
Closing Costs: 6% of purchase price plus 3% cash reserve