617 Thompson St, Saint Joseph, MO 64504

Calling all investors and DIY'ers! The county lists this home as a 2-bed home. However, there is a 3rd bedroom without a closet. Could easily rent as a 3-bed! The house is being sold as-is without disclosures and is in need of repairs. Bring your ideas and tool box. ***The home is occupied. Please do not approach without an appointment.*** The electric was upgraded to 100a service in 2014. Some new windows have been installed. Smoke free home. Newer vinyl siding. Detached 2-car garage with entrance from alley. 2 blocks from Hyde Park Beautiful, original hard wood floors. Recently remodeled bathroom. Purchase price: $14,950 Estimate of repairs: approx. $15,000 (please verify with your own contractor) Closing costs: $1,500 All in costs: $31,450 Market Rent: $700 Vacancy: -$56 (8%) Mgmt Fee: -$70 (10%) Maint/Cap Ex: -$97 (17%) Insurance: -$65 Taxes: -$42 Net monthly income: $370/mo Annual ROI: 14%! Call/text 913-800-7677 for an appointment to see the property.