End Buyers Only
Saint Louis, MO, 63134
https://www.biggerpockets.com/real-estate-listings/saint-lou...
Investment Opportunity + Leaseback:
Asking Price: $70,000
Net Equity: $25,000
Market Value ($95,000) - Asking Price ($70,000) = Net Equity ($25,000)
Monthly Rent: $1,100 with 3 months of prepaid rent + Deposit
Total rental income: $3,300
3 BD / 1.5 BA
Sq. Ft: 1,370
Lot size (Acres): 0.21
Year Built: 1954
Seller wants to stay as a tenant
Pre-approved Financing:
80% LTV DSCR Loan.
Cash to Close (Estimated) = $16K - $25K
Why buy this property?
Looking for a lucrative investment opportunity? This property offers an exceptional return on investment with its low purchase price compared to its high rental income potential. But that's not all – with some renovation work, you can unlock even greater value, as the ARV (After Repair Value) in the area is soaring. Don't miss out on the chance to add this gem to your portfolio and watch your returns multiply. Act now and seize this promising investment opportunity!
Shopping and dining .7 Mi
Schools 2.5 Mi
St. Louis Lambert International Airport 2.3 Mi
Hospital 1.1 Mi
Inner Belt Expy .2 Mi
Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities
ARV Comparables (within a .5 Mi):
6861 Frostview Ln sold for $175.000
6909 Berkridge Ct sold for $133.000
6822 N Hanley Rd sold for $127.205
Important Purchase Terms:
The information provided about properties is sourced from public records including property card and property tax records. We make no representations of any kind. Buyers are strongly advised to conduct their own due diligence before making an offer. A non-refundable earnest money deposit of $2,500 of the Asking Price and a signed purchase agreement are required to proceed with an offer. Our standard policy is an 'as is' sale with no contingencies or inspections, unless otherwise specified. Close as soon as the title is ready (approx 7 days). It is our company policy that the buyer pays for all closing costs including the title insurance fee.
DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION
