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Updated almost 2 years ago on . Most recent reply

Heath G.'s profile image
Heath G.'s profile image
Heath G.
  • from St Charles County MO
  • Member since Apr 19, 2023
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Heath G.'s profile image
Heath G.'s profile image
Heath G.
  • from St Charles County MO
  • Member since Apr 19, 2023
Connect
Heath G.
  • St Charles County MO
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Market Trends & Data

Duplex construction advice

Heath G.
  • St Charles County MO
Posted

Please help me with my math. I am considering building multiple duplexes on vacant land that I own. However, I am being told that to build a 2,000 sf duplex the cost will be around $400,000. If I collect ~$2,500 in rent, I won't be able to cash flow. Is the total cost to build, correct? I'm in the O'Fallon, MO area. I will need a property manager as well. Any advice?

Saint Louis, Missouri
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