I am selling a great home a few blocks west of KU Med. It is a two bed, one bath home with a full unfinished basement that gets a lot of natural light. I have owned it as a rental property for a few years and it is currently being rented for $700 / month, $8400 / year. Requires very little maintenance and the current tenant is wonderful. Taxes are around $1k / year and so using a conservative estimate on maintenance/expenses this property would earn around $6k+ / year. At a $65k offer price this property has a cap rate of around 9.2%. My wife and I are selling because we moved away from the KC area a few years ago.
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