$90,000
231 N Handy St, Sikeston, MO 63801
Current Rent **
$1,400
Projected Rent **
$3,237
Unit 1 Details
- Current Rent: $500
- Bedroom: 3 bd
- Bathroom: 1 ba
- Square Footage: 2880 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Unit 2 Details
- Current Rent: $500
- Bedroom: 3 bd
- Bathroom: 1 ba
- Square Footage: 2880 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
Unit 3 Details
- Current Rent: $400
- Bedroom: 3 bd
- Bathroom: 1 ba
- Square Footage: 2878 sqft
- Occupied: Yes
- Needs Repairs: No
- Off MLS: No
(𝗦𝗶𝗸𝗲𝘀𝘁𝗼𝗻, 𝗠𝗢.) 📢 𝗧𝗿𝗶𝗽𝗹𝗲𝘅! 📢 𝟭𝟬𝟬% 𝗢𝗰𝗰𝘂𝗽𝗶𝗲𝗱! 📢 𝗠𝗲𝘁𝗮𝗹 𝗥𝗼𝗼𝗳! - 𝗛𝗮𝘆𝗱𝗶𝘁𝗲 𝗕𝗹𝗼𝗰𝗸 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻!
ARV: $165,000
Current Rent: $1,400/month
Potential Rent: $3,237/month
Unit Mix: Three 3B/1 Bath
Occupancy: 100%
Taxes: $338
Insurance: $914
Building Square Footage: 2,880
Utilities: Tenants pay for all utilities.
Lot Size: 0.28 Acres
Year Built: 1960
Roof: Metal Roof!
Construction: Haydite Block Construction!
Utilities: Tenants pay for all utilities.
Management: Currently self-managed, but excellent local property management company ready to step in and manage this one for the next owner.
Pro Forma CAP: 35.29% (5% Vacancy, Taxes, Insurance, and 10% Prop Management included in Pro Forma Cap and Actuals)
Location:
231 N Handy St, Sikeston, MO 63801
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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