Rental asset - TENANT IN PLACE – income starts Day 1 Asking $145,000: ~ 9.9% gross yield now, 10.8% target rent case. Four-level Townhouse on a cul-de-sac in Raytown. Long-term HCV tenant in place since 2022 and lease through April 2027. With no rehab required to continue collecting rent. Current rent: $1,200/mo ~9.9% gross yield a tasking price -$1,300 with rent increase pending approval for July -2026 ~10.8% gy -IHA pays 100% direct to current landlord, consistently on-time, over the 4 years THE PROPERTY: Four-Level Townhouse on a cul-de-sac -Level 1. Main: living room, kitchen, walk-out to deck and patio -Level 2. Upper: 2 bedrooms, full bath, linen closet -Level 3. Ground: 1-car garage, flex room with half bath -Level 4. Basement: finished bonus room, utility room with W/D hookups, storage Fenced back yard,( 4 yrs old), with deck, stairs and a concrete patio. Front brick planter box. Flooring/Appliances: Wood laminate throughout living areas and bedrooms (4 years), tile in halls and stairs, vinyl in kitchen. Refrigerator, stove, dishwasher, and microwave approximately four years old. Countertops and cabinets are dated and functional — no replacement required to collect rent.--Cabinets and countertops are in good order cosmetic refresh is buyer’s upside. MECHANICALS: --Lennox HVAC - professionally installed central air and gas heat --A.O. Smith ProLine water heater --AprilAire whole-house humidifier --Nest wireless thermostat --Mr. Sparky whole-home surge protector at updated panel Built-in value-add: Convert the flex room into a 3rd bedroom with a simple door framing — SAFMR 3-bedroom rate is approximately $1,683/mo. Property passed its most recent IHA inspection with no required repairs. This is an operating income property with a tenant with a one-year lease that is comfortable in the property, not a distressed flip. Normal tenant wear, all working systems, and no known mechanical or structural issues. Cosmetic updates are buyer upside at turnover. ASKING: $145,000 -Clean fast close available -Text first with Name, role, proof-of-funds capability, and target close date -Do not disturb tenant. Showings by appointment only.
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