Great St Louis Property - 11% Returns - Florissant

[Isaac Taylor]

ST LOUIS INVESTMENT PROPERTY OVERVIEW

• Market: Metro St Louis Area
• Listing Price: $129,800
• Rehab Estimate: $8,000
• Address: Mignon Dr, Florissant, MO
• Beds / Baths / Sq Ft: 3 beds / 2 bath / 1,510 sq ft
• Property Description: Beautiful Brick Ranch home with great curb appeal in picturesque Subdivision. Enjoy the serenity of this tree lined neighborhood and a low maintenance home. This beautiful 3 bedroom, 2 bath home has been immaculately maintained and has updated kitchen appliances with built in microwave and oven with smooth ceramic electric cook top and updated countertops with Pergo flooring, energy efficient vinyl double pane windows and a high efficiency Lennox gas furnace and central A.C.

FINANCIAL SUMMARY - Click here for more details!

At Listing Price Purchase Price: $129,800 Rehab: $8,000 Closing Costs: $3,894 Total Investment: $141,694 Financed Amount: $103,840 Cash Investment: $37,854 Annual Revenue: $15,000 Annual Expenses: $8,118 Interest: $5,192 Net Income: $1,690 Annual Return: 4% Annual Appreciation: $2,596 Total Return Potential: 11%

At Recommended Price Purchase Price: $111,000 Rehab: $8,000 Closing Costs: $3,330 Total Investment: $122,330 Financed Amount: $88,800 Cash Investment: $33,530 Annual Revenue: $15,000 Annual Expenses: $8,118 Interest: $4,440 Net Income: $2,442 Annual Return: 17% Annual Appreciation: $2,596 Total Return Potential: 15%

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