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Property details

Beds5
Baths2
Square feet1,378
Year built1967
Property typeSingle Family
CountySt. Louis County

Proforma Turnkey End Buyer

Cash on Cash15.24%
Cap Rate9.41%
IRR28.45%
DSCR1.81x
ARV$210,000
Equity$12,000

Purchase & Financing

Purchase price$198,000
Closing costs$3,960
Down payment (25%)$49,500
Loan amount$148,500
Loan points$2,970
Interest rate6.00%
Loan term30 years
Total out of pocket$56,430

Income & Expenses

MonthlyAnnual
Gross rent$2,050$24,600
Vacancy($41)($492)
Property taxes($217)($2,600)
Insurance($125)($1,500)
Maintenance($60)($723)
Net operating income$1,607$19,285
Mortgage (P&I)($890)($10,684)
Net cash flow$717$8,601

View full proforma & projections

Projections are based on current rent, taxes, insurance and financing assumptions and are estimates only. Verify all figures independently before investing.

About this property

Recently rehabbed at the end of a quiet street! Very rare property and opportunity! Act now because it will go quick! We can have it rented shortly.
*FREE PROPERTY MANAGEMENT FOR THE FIRST 12 MONTHS! After that it is 8% monthly management fee.

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