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842 Barnett Ave
D- Composite 35.66
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • Cash flow +6.6/30.0
  • Livability +3.6/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • 1% rule +1.2/10.0
  • Schools +0.9/10.0
  • DSCR +0.8/10.0

$199,950

842 Barnett Ave · Kansas City, KS 66101
2 bd · 1.0 ba · 1,327 sqft · SingleFamily public records · 14 Days on market
Built 1920 4,792 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

MOVE IN READY!!!! Hardwood floors very clean house for your first time buyer

Key facts

  • Established area
  • Major roadways
  • Parks

Tags

LOCAL SHOPSSCHOOLSPARKSDININGMAJOR ROADWAYSESTABLISHED AREA

Property features AI

Finance

  • Other: Above- and below-grade finished areas reported (per public records); Total living area reported
  • Financial info: Annual tax amount reported

Exterior

  • Parking: Detached 1-car garage
  • Utilities: Public water; Public sewer
  • Home design: Single-family residence; Bungalow floor plan; Residential property
  • Construction: Brick/mortar construction; Composition roof; Approximately 101+ years old
  • Exterior features: Not in a flood plain; Lot approximately 4,792 square feet

Interior

  • Bedrooms: 3 bedrooms
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Forced air heating (natural gas); Electric cooling
  • Interior features: Full basement; Fireplace (1)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $200k.

Deal economics

  • At list price, monthly cash flow is $-331 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $141k (29.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $124k (37.9% below list).
  • Recommended offer: $124k (37.9% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 72/100 on livability (#103 in KS) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, crime F, employment D-.
  • Kansas City (urban): math 8% / reading 15% proficiency, ranked #169 of 169 in KS (top 100%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 42 active listings in the ZIP; lower-income renter base — watch delinquency; 369 units permitted in Wyandotte County in 2024 (236 in 5+ unit buildings).
  • This rent runs 35% of the median local income ($43k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $21k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
  • Wyandotte County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
  • 5 sale attempts since 13y ago; this cycle's ask has dropped $20k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $30k; list at $200k implies a 566% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $124,083 (37.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.62%
Cap rate
4.31%
Cash-on-cash
-7.10%
DSCR
0.68
GRM
13.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
19.3%
Equity multiple
2.57×
Total profit
$87,779
Equity at exit
$180,131
10-year hold
IRR
17.8%
Equity multiple
5.91×
Total profit
$275,035
Equity at exit
$388,459

Cash invested: $55,986 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
83 Strongly Landlord-Friendly
State Kansas
83 Strongly Landlord-Friendly · R+10
County
— inherits STATE
City
— inherits STATE
3-day pay-or-quit; preempts local rent control; moderate court pace.

ZIP-level market 66101

Home prices YoY
20.4%
Active inventory
42
Price-to-rent
13.4×

Monthly cashflow live

Estimated rent
$1,241 medium interval (Pro) →
Mortgage (P&I)
$1,049
Tax from tax record
$180 /mo · $2,155/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$261
Net cashflow
$-331

Break-even live

Break-even rent $1,660
Max offer price $141,442
Occupancy floor

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$49,988
Closing costs
$5,998
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 27 events

  1. 2026-06-18
    days on market $199,950 Active 14 DOM
  2. 2026-06-17
    days on market $199,950 Active 13 DOM
  3. 2026-06-16
    days on market $199,950 Active 12 DOM
  4. 2026-06-15
    days on market $199,950 Active 11 DOM
  5. 2026-06-13
    days on market $199,950 Active 9 DOM
  6. 2026-06-13
    days on market $199,950 Active 8 DOM
  7. 2026-06-09
    days on market $199,950 Active 5 DOM
  8. 2026-06-08
    days on market $199,950 Active 4 DOM
  9. 2026-06-07
    days on market $199,950 Active 3 DOM
  10. 2026-06-05
    remarks 681-char remark
  11. 2026-06-05
    pricedays on marketlisting id $199,950 Active 1 DOM
  12. 2026-04-12
    price $205,000
  13. 2026-03-25
    price $215,000
  14. 2026-03-17
    status Active
  15. 2026-03-05
    status Pending
  16. 2026-02-05
    listed $220,000 Active
  17. 2026-02-03
    historical $220,000
  18. 2025-09-08
    soldstatus Closed
  19. 2025-08-15
    soldstatus
  20. 2025-07-03
    status Pending
  21. 2025-07-03
    listed $181,500 Active
  22. 2014-02-07
    soldstatus 76-char remark
    Show marketing remark (76 chars)

    MOVE IN READY!!!! Hardwood floors very clean house for your first time buyer

  23. 2013-11-06
    listed $69,900 76-char remark
    Show marketing remark (76 chars)

    MOVE IN READY!!!! Hardwood floors very clean house for your first time buyer

  24. 2013-11-01
    historical
  25. 2013-08-16
    listed $69,900
  26. 2013-06-07
    soldstatus
  27. 1988-10-01
    soldstatus $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast KS · Resets to sale price

Current annual tax
$2,155 · $180/mo
Projected year-2 tax
$2,819 · $235/mo
Expected delta
+$664/yr (+$55/mo · 30.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥107°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$14,890
− Mortgage interest
−$11,200
− Property taxes
−$2,155
− Insurance
−$1,000
− Repairs & maintenance
−$1,191
− Management
−$1,191
− Depreciation
−$5,817
Taxable loss
−$7,664
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,839
After-tax cash flow
$-2,135/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Kansas City
NCES district ID
2007950
Math proficiency
8% ▼ -10.00%
Reading proficiency
15% ▼ -4.00%
Median HH income
$34,774
Composite
9.38/100
National rank
#9856
State rank
#169 of 169 in KS

Livability — Kansas City

Score
72/100
State rank
#103
US rank
#6054

Category grades

Amenities A Commute A+ Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Kansas City, KS
County
Wyandotte County · 130,206 people
City population
130,206
Metro
Kansas City, MO-KS
Population (ZIP)
12,556
Household income
$42,551
Rent vs Own
60.8% rent · 39.2% own
Severe rent burden
457.0

Population outlook (Wyandotte County) Hauer SSP2

Today (2025)
177,063 people
By 2030
183,212 · +3.5%
By 2040
195,697 · +10.5%
By 2050
207,897 · +17.4%
By 2075
236,169 · +33.4%
By 2100
255,790 · +44.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.66)
Race & ethnicity
Hispanic / Latino 47% Black 30% White 16% Two or more races 10% Asian 4% Native American 2%
Hispanic origin (detail)
Mexican 40%
Common ancestry
Romanian 1% Lithuanian 1% Slovak 1%
Foreign-born
29% · Canada, India
Languages at home
53% English-only · Spanish 39% Other Asian/Pacific 2%

Political lean MEDSL · Wyandotte

2024 margin
Strong D (+23.9) · D 61.1% · R 37.3% · Other 1.6%
2008→2024 swing
-17.0pp toward R · 2008: 40.9pp · 2024: 23.9pp
All cycles
2024: D+23.9 2020: D+30.9 2016: D+29.1 2012: D+36.4 2008: D+40.9

Not yet ingested

Civics

Market trends

HPI YoY
▲ 77.98%
Current HPI
460.4303
Rent YoY
Metro
Kansas City, MO-KS
State GDP YoY
F500 in state
0

Price history

+583.3% since first listed
16 events — show timeline
  • 2026-04-12 Price Changed $205,000 Heartland MLS as Distributed by MLS Grid
  • 2026-03-25 Price Changed $215,000 Heartland MLS as Distributed by MLS Grid
  • 2026-03-17 Relisted Heartland MLS as Distributed by MLS Grid
  • 2026-03-05 Pending Heartland MLS as Distributed by MLS Grid
  • 2026-02-05 Listed $220,000 Heartland MLS as Distributed by MLS Grid
  • 2026-02-03 Coming Soon $220,000 Heartland MLS as Distributed by MLS Grid
  • 2025-09-08 Sold (MLS) Heartland MLS as Distributed by MLS Grid
  • 2025-08-15 Sold (Public Records) Public Records
  • 2025-07-03 Pending Heartland MLS as Distributed by MLS Grid
  • 2025-07-03 Listed $181,500 Heartland MLS as Distributed by MLS Grid
  • 2014-02-07 Sold (MLS) Heartland MLS as Distributed by MLS Grid
  • 2013-11-06 Listed $69,900 Heartland MLS as Distributed by MLS Grid
  • 2013-11-01 Listing Removed Heartland MLS as Distributed by MLS Grid
  • 2013-08-16 Listed $69,900 Heartland MLS as Distributed by MLS Grid
  • 2013-06-07 Sold (Public Records) Public Records
  • 1988-10-01 Sold (Public Records) $30,000 Public Records

Property tax history

+7.4%/yr

Latest (2025): $2,155 · +19.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…