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Updated almost 6 years ago,
Looking for good PM in Kansas City
I've located a home in Kansas City, however I'm unfamiliar with the area (my first mistake), and I need help from a local that is looking for a new client for PM. The property is located in Eastwood Hills East. Asking price is $67,900. I've run the numbers (Bigger Pockets Rental Property Calculator) with 4% vacancy, 7% capex, 7% repairs, 8% PM fees, 20% down, with $2000 closing cost. Numbers show $226 monthly revenue with a 17% ROI. Is this a decent neighborhood?