OWNER FINANCE FOR 15 YRS. @ 9% INTEREST RATE, FULLY AMORTIZED

[Ken Hussni]

OWNER WILL FINANCE FOR 15 YRS. @ 9% INTEREST RATE, FULLY AMORTIZED W/NO BALLOON PAYMENT!

Down Payment: $10,000

Monthly Mortgage Payment: $800, includes principal, interest, taxes and insurance

Gross Yearly Expenses: Approx. $6K-7K, includes paid utilities, does not include mgmt. fees, taxes or insurance.

This property was originally built as a SFR and was converted to a Tri-Plex. Each of the utilities are on one meter. Utilities for unit #2 are included in rent, a flat rate utility bill will be added to units #1 and #3. This property is located in an up and coming neighborhood in South Midtown Manhattan in KCMO. Neighborhood stability is on the rise and rents continue to increase steadily as well over the last few years.