Fix and Flip on the Paseo
6616 The Paseo, Kansas City, MO 64132, USA
Bedrooms: 3, Bathrooms: 2.0, Sqft: 1900, Lot Size: 3920, Year Built: 1925
Brought to you by:
Midwest Dev group
816-718-3340
info@midwestdevgroup.com
Notes
Great project on the Paseo, step in and finish this gem!
Financial Summary
Project Costs
Purchase Price | $150,000 | |
Purchase Costs | $0 | |
Rehab Costs | $0 | |
Rehab Contingency () | $0 | |
Rehab Holding Costs | $73 | |
Total Project Costs | $150,073 | |
Financing | $0 | |
Cash out of Pocket | $150,073 | |
Rehab Project Length | 2 Month(s) |
Project Returns
Sales Price | $220,000 | |
Project Costs | ($150,073) | |
Sale Costs | $0 | |
Profit Amount | $69,927 | |
ROI | 46.60% | |
ROR | 279.57% | |
Unlevered ROI | 46.60% | |
Unlevered ROR | 279.57% |
Comps
| Address | Dist | Beds | Baths | Sqft | Sold ($) | $/sqft | Sale date |
| 2229 E 69th St | 0.57 miles | 4 | 3.0 | 2094 | $218,190 | $104 | 2024-11-06 |
| 2229 E 69th St | 0.57 miles | 4 | 3.0 | 2094 | $218,190 | $104 | 2024-11-06 |
| 1942 E 72nd St | 0.79 miles | 2 | 2.0 | 1504 | $210,000 | $140 | 2024-12-13 |
| Average: | $215,460 | $116 | |||||
CMA Summary
By Average of Sales
Adjusted Comps
Avg of Adjusted Sales ARV | $215,460 | |
Subject Sqft | 1,900 | |
Adjusted $/sqft | $113 |
Unadjusted Comps
Avg of Sales ARV | $215,460 | |
Subject Sqft | 1,900 | |
Avg of Sales $/sqft | $113 |
By Average of $/Sqft
Adjusted Comps
Avg of Adjusted $/sqft | $116 | |
Subject Sqft | 1,900 | |
Calculated Adj. ARV | $220,400 |
Unadjusted Comps
Avg of Unadjusted $/sqft | $116 | |
Subject Sqft | 1,900 | |
Calculated ARV | $220,400 |
CMA Detail
| Basics | Subject | Comparable | Comparable | Comparable | ||||
| Image Not Available | Image Not Available | Image Not Available | |||||
| Address | 6616 The Paseo, Kansas City, MO 64132, USA | 2229 E 69th St, Kansas City, MO 64132, USA | 2229 E 69th St, Kansas City, MO 64132, USA | 1942 E 72nd St, Kansas City, MO 64132, USA | ||||
| Sold Date | 2023-03-28 | 2024-11-06 | 2024-11-06 | 2024-12-13 | ||||
| Sold $ | $218,190 | $218,190 | $210,000 | |||||
| Sqft | 1,900 | 2,094 | 2,094 | 1,504 | ||||
| $/sqft | $0 | $104 | $104 | $140 | ||||
| Features | Feature Values | Units | Units | Adjustment | Units | Adjustment | Units | Adjustment |
Bedrooms | $0 | 3.00 | 4.00 | $0 | 4.00 | $0 | 2.00 | $0 |
Bathrooms | $0 | 2.00 | 3.00 | $0 | 3.00 | $0 | 2.00 | $0 |
Garage spaces | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Carport spaces | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Lot size sqft | $0 | 3,920.00 | 7,405.00 | $0 | 7,405.00 | $0 | 5,227.00 | $0 |
Basement sqft | $0 | 1,050.00 | 0.00 | $0 | 0.00 | $0 | 922.00 | $0 |
Has pool | $0 | 0.00 | 0.00 | $0 | 0.00 | $0 | 0.00 | $0 |
Has view | $0 | 1.00 | 1.00 | $0 | 1.00 | $0 | 1.00 | $0 |
| Adjustment Subtotals | $0 | $0 | $0 | |||||
| Adjusted $/sqft | $113 | $104 | $104 | $140 | ||||
| Adjusted ARV $ | $215,460 | $218,190 | $218,190 | $210,000 | ||||
| Notes | ||||||||
Property Photos