Three Bedroom House (ref. 41689179) - Houses for Sale, Real Estate - Number of Bedrooms: 3, Number of Bathrooms: 2 - Saint Louis, Missouri, United States

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Three Bedroom House (ref. 41689179)
Date & Time Listed: 2023-08-31 10:01:50 (GMT)

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 2
Posted From: United States, Missouri, Saint Louis

Ad Details:

This three bedroom house is located in Walnut Park West, St Louis and is just
four minutes and one mile from fairview Elementary school.
The property consists of three bedrooms, two bathrooms, a large lounge diner,
a full basement with a large rear garden.
The property is just being updated to a Section 8 standard. The management
company will place brand new tenants when the new owner closes on the
property. The house should achieve $1,000 in rent each month. The new
tenants can either be Section 8 or private, the decision will be for the new
owner.
This property is located in Walnut Park West, St Louis which is only 8 miles from
the centre of Downtown Saint Louis. This property is also just four minutes and
one mile to Fairview Elementary School, there are many great schools in this
area.
Investment Calculations
Purchase price
$54,900
Gross annual rental income:
$12,000
Property running costs:(Tax, insurance and management costs)
$2,020
Net annual rental income:
$9,980
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return of investment
19%
Break even in
5.26 Years
This property is a House for sale.

Other Details:

Number of Bedrooms: 3
Number of Bathrooms: 2

Price: 54,900.00 USD

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Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 2 Posted From: United States, Missouri, Saint Louis

Posted in Categories: Real Estate, Houses for Sale - Number of Bedrooms: 3, Number of Bathrooms: 2
Posted From: United States, Missouri, Saint Louis