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Three Bedroom House (ref. 41521523)
Date & Time Listed: 2021-01-28 10:34:10 (GMT)
This very nice three bedroom house is located in Jennings, St Louis and is just two minutes and walking distance from Jennings High school. The property consists of three bedrooms, one bathroom, a large lounge diner, a basement with a large rear garden. The property has just been refurbished inside and made rental ready. The management company will be placing brand new tenants when the new owner closes on the property paying $850 – $900 each month in rent.
This property is located in Jennings, St Louis which is only 8.8 miles from the centre of Downtown Saint Louis. This property is also just walking distance to Jennings High School, there are many great schools in this area.
Purchase price: 43,900
Gross annual rental income: $10,800
Property running costs: $2,289
(Tax, insurance and management costs)
Net annual rental income: $8,511
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 20%
Break even in 5 Years
This property is a Townhouse for sale.
Number of Bedrooms: 3
Number of Bathrooms: 1
Price: 43,900.00 USD
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