Welcome to Kugli.com!
New to Kugli.com?
* Create Member Account!
Already a Member?
* North Delhi
* Gautam Buddha Nagar
* United States
* New York
* Los Angeles
* New York City
* Kuwait City
* Al Ahmadi
* Abu Halifa
Five Bedroom House (ref. 41579834)
Date & Time Listed: 2021-03-25 10:46:23 (GMT)
This fantastic very large 5 bedroom, brick built single family.home is located in Academy and is just seven minutes and three miles from Washington University St Louis. The home has five large bedrooms, two bathrooms and a large lounge diner. The property is currently being refurbished throughout. Brand new tenants will be placed by the management company paying $1,500 – $1,600 each month when the new owner closes on the property.The tenants will be Section 8 housing so the rent will be guaranteed and paid by the US Government.
The property is located in Academy which is only 7.1 miles from Downtown Saint Louis. The Academy neighbourhood is bordered by Dr. Martin Luther King Drive to the North and Delmar Boulevard to the South. Established as an upper-middle-class community the houses in academy are larger than surrounding areas. Academy sits right next door to West End in which properties are extremely expensive. Many people are renovating older houses in Academy and also new build homes are now being built where the older less maintained properties have now been demolished. Capital appreciation in this area is highly anticipated which is attracting smart investors.
Purchase price: 72,900
Gross annual rental income: $19,200
Property running costs: $2,883
(Tax, insurance and management costs)
Net annual rental income: $16,317
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 23%
Break even in 4.34 Years
This property is a Townhouse for sale.
Number of Bedrooms: 5
Number of Bathrooms: 2
Price: 72,900.00 USD
More Ads Posted by Member
Contact Ad Poster by E-Mail
* Deal Locally with persons you can meet face to face - this is the most important tip!
* Avoid Sending Funds with Western Union, Moneygram or and other similar service
* Kugli.com is not an Escrow service, we are not involved in any transaction between our members.
* Saint Louis - Real Estate Classified Ads
* Missouri, United States - Real Estate Classified Ads
* United States - Real Estate Classified Ads
* Saint Louis - Houses for Sale Classified Ads
* Missouri, United States - Houses for Sale Classified Ads
* United States - Houses for Sale Classified Ads