Purchase price: $279,000 Cash invested: $10,000 Sale price: $306,500 https://www.zillow.com/homedetails/7140-Mission-Rd-Prairie-Village-KS-66208/75613120_zpid/?

Purchase price: $279,000 Cash invested: $10,000 Sale price: $306,500 https://www.zillow.com/homedetails/7140-Mission-Rd-Prairie-Village-KS-66208/75613120_zpid/?

He was a long standing active member of Hyde Park United Methodist Church participating in mission trips and teaching Disciple Bible Study.

Mission Communications and Generating Solutions are the two that we have right now.

I see you bought https://www.zillow.com/homedetails/521-Mission-St-South-Pasa... at the right time... 3.11% rate loan for $1.2M, congrats on that, it saved your deal's cashflow.I ran the numbers on your deal for fun (with my best-guess development scheme): By turning this into a 4-unit property, spending ~$500k on the construction, and renting it out for top-of-market rents, you'll be holding this property at a 5% cap rate with a 4.7% Cash on Cash return.With all-time high rents right now, you are at least getting about the same return as a current money-market savings account, ~5% CoC return.Your risk is if you need to sell once it's built, it looks like you will end up breaking even or loosing on the deal (at today's values).

The city has some inspired leadership, finally elected a strong mayor with a clear mission, is notably reducing crime, and has proven much more resilient than many of its industrial peer cities where unemployment, generational welfare dependence, opioid abuse, etc. have been worse.

____________________________On a Mission Improving Communities!

It was a mission to say the least, and you definitely don't want to get into the hospitality business unless you know what you are getting into (seems you have a busy schedule given your strong W2s).

Check out Don Miller’s Business Made Simple...he’s got a ton of courses one of which is called hero on a mission.

My mission is to deliver value, quality, and results to every client and partner that I work with.