Calling all Experienced Investors! [Code: 904]
Why THIS deal??- ~$530/mo. cash flow once you can refi to 5.0%Â
- Cash flows at ~$400 at today's rates of 6.5%
- We already have an inspection and know the scope of work needing to be done
Check out this video link for a walkthrough of this property! https://youtu.be/2k94yoAc5EwAfter 15 Years (no mortgage) Original purchase price $190,000 Total investment (out of pocket) $95,950 15 yrs Project house value $414,217 Value (appreciation) Gain $224,217 15 yrs cash-flow generated $96,668 Total Gain $320,885 ROI (15 yrs) 334% ROI (annually) 22%   Free & Clear cash flow (yr.) $18,921 Free & Clear cash flow (m) $1,577
- 3 bedroom, 3 bath Single Family HomeÂ
- This opportunity is best suited for an experienced investor
- Home has been on the market for 85 days, so seller should be open to negotiations
- Great location with quick access to major commuting routes, shopping and schools and a strong rental market
- Inspection and appraisal has already been done
- B rated schools
- No HOA charges
Why should you consider this house / what makes it a good investment?
- Built: 1963
- Size: 1,412 square foot home
- Low Crime, Desirable Community, Good Schools
What's next?
Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.
Metro: St. Louis
Team: Nathan  – email directly at stl1@simplydoit.net
Code: 904
Property Specifications 1 Â Bedrooms 3 Â Bathrooms 3 Â Square Feet 1412 Â Year Built 1963 Â Garage Size 0 Â Schools Rating (on scale of A-C) B
Purchase Assumptions My Offer Offer used for analysis $190,000 Suggested offer (low) $190,000 Suggested offer (high) $205,000 Asking $215,000 Market Value (after improvements) $230,000 Improvements (lower) $30,000 Improvements (upper) $35,000 Closing Costs $2,150 Mortgage Costs $2,150 Other Fees At Closing $2,150 Total Cost $228,950
Financing Assumptions   Down Payment (%) 30%  Down Payment Amount $57,000  Financed Amount $133,000  Interest Rate 6.500%  Mortgage Term (Years) 30  Monthly Mortgage Payment $841  Cash Outlay (Total Out of Pocket) $95,950
Financial Assumptions Monthly Yearly Rent (upper) $1,850 $1,900 $22,800 Rent (lower) $1,800 $21,600 Property Tax Rate (Approx.) 1.2%  Property Taxes  $180 $2,160 Insurance  $110 $1,320 Repairs  $100 $1,200 Variable-Cost PM  7.5%  Property Management Fee $139 $1,665 Leasing Fee 75% $57.8 $694 HOA  $0 $0 Vacancy Rate  4.0%  Total Fixed Expenses $655 $7,860  Total Expenses (Fixed + Mortgage) $1,496 $17,948
Financial Analysis / Deal Attractiveness    Years: 5 10 15 20  Cap Rate 5.0% 5.9% 6.7% 7.6%  Net Cash Flow $24,186 $56,139 $96,668 $146,665  Equity Increase $58,328 $130,704 $220,713 $332,923  Total Gain $82,514 $186,843 $317,381 $479,588        Average Cash Flow/Year $4,837 $5,614 $6,445 $7,333  Average Cash Flow/Month $403 $468 $537 $611  Average Gain/Year $16,503 $18,684 $21,159 $23,979  Average ROI 86.0% 194.7% 330.8% 499.8%  Annual ROI 17.2% 19.5% 22.1% 25.0%  Projected Property Value $279,830 $340,456 $414,217 $503,958
Property Ratings Suggestions  Item    Suggested Criteria (Min.) This Property FAVORABLE /
INSUFFICIENT  Schools   B B FAVORABLE  Square Feet   1000 1,412 FAVORABLE  Bedrooms   3 3 FAVORABLE  Bathrooms   2 3 FAVORABLE  Year Built   1970 1963 INSUFFICIENT  Rent/Price (%)   0.75% 1.00% FAVORABLE  Average Cash Flow (at year 5)   $125 $403 FAVORABLE  Average ROI (at year 5)   15% 17.2% FAVORABLE
Why THIS deal??
- ~$530/mo. cash flow once you can refi to 5.0%Â
- Cash flows at ~$400 at today's rates of 6.5%
- We already have an inspection and know the scope of work needing to be done
Check out this video link for a walkthrough of this property! https://youtu.be/2k94yoAc5Ew
After 15 Years (no mortgage) | |||
Original purchase price | $190,000 | ||
Total investment (out of pocket) | $95,950 | ||
15 yrs Project house value | $414,217 | ||
Value (appreciation) Gain | $224,217 | ||
15 yrs cash-flow generated | $96,668 | ||
Total Gain | $320,885 | ||
ROI (15 yrs) | 334% | ||
ROI (annually) | 22% | ||
 |  | ||
Free & Clear cash flow (yr.) | $18,921 | ||
Free & Clear cash flow (m) | $1,577 |
- 3 bedroom, 3 bath Single Family HomeÂ
- This opportunity is best suited for an experienced investor
- Home has been on the market for 85 days, so seller should be open to negotiations
- Great location with quick access to major commuting routes, shopping and schools and a strong rental market
- Inspection and appraisal has already been done
- B rated schools
- No HOA charges
Why should you consider this house / what makes it a good investment?
- Built: 1963
- Size: 1,412 square foot home
- Low Crime, Desirable Community, Good Schools
What's next?
Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.
Metro: St. Louis
Team: Nathan  – email directly at stl1@simplydoit.net
Code: 904
Property Specifications | 1 |
 Bedrooms | 3 |
 Bathrooms | 3 |
 Square Feet | 1412 |
 Year Built | 1963 |
 Garage Size | 0 |
 Schools Rating (on scale of A-C) | B |
Purchase Assumptions | My Offer |
Offer used for analysis | $190,000 |
Suggested offer (low) | $190,000 |
Suggested offer (high) | $205,000 |
Asking | $215,000 |
Market Value (after improvements) | $230,000 |
Improvements (lower) | $30,000 |
Improvements (upper) | $35,000 |
Closing Costs | $2,150 |
Mortgage Costs | $2,150 |
Other Fees At Closing | $2,150 |
Total Cost | $228,950 |
Financing Assumptions | Â | ||
 Down Payment (%) | 30% | ||
 Down Payment Amount | $57,000 | ||
 Financed Amount | $133,000 | ||
 Interest Rate | 6.500% | ||
 Mortgage Term (Years) | 30 | ||
 Monthly Mortgage Payment | $841 | ||
 Cash Outlay (Total Out of Pocket) | $95,950 |
Financial Assumptions | Monthly | Yearly | |
Rent (upper) | $1,850 | $1,900 | $22,800 |
Rent (lower) | $1,800 | $21,600 | |
Property Tax Rate (Approx.) | 1.2% | Â | |
Property Taxes | Â | $180 | $2,160 |
Insurance | Â | $110 | $1,320 |
Repairs | Â | $100 | $1,200 |
Variable-Cost PM | Â | 7.5% | Â |
Property Management Fee | $139 | $1,665 | |
Leasing Fee | 75% | $57.8 | $694 |
HOA | Â | $0 | $0 |
Vacancy Rate | Â | 4.0% | Â |
Total Fixed Expenses | $655 | $7,860 | |
 Total Expenses (Fixed + Mortgage) | $1,496 | $17,948 |
Financial Analysis / Deal Attractiveness | Â | Â | Â | ||
Years: | 5 | 10 | 15 | 20 | |
 Cap Rate | 5.0% | 5.9% | 6.7% | 7.6% | |
 Net Cash Flow | $24,186 | $56,139 | $96,668 | $146,665 | |
 Equity Increase | $58,328 | $130,704 | $220,713 | $332,923 | |
 Total Gain | $82,514 | $186,843 | $317,381 | $479,588 | |
 |  |  |  |  |  |
 Average Cash Flow/Year | $4,837 | $5,614 | $6,445 | $7,333 | |
 Average Cash Flow/Month | $403 | $468 | $537 | $611 | |
 Average Gain/Year | $16,503 | $18,684 | $21,159 | $23,979 | |
 Average ROI | 86.0% | 194.7% | 330.8% | 499.8% | |
 Annual ROI | 17.2% | 19.5% | 22.1% | 25.0% | |
 Projected Property Value | $279,830 | $340,456 | $414,217 | $503,958 |
Property Ratings Suggestions | |||||
 Item |  |  |  Suggested Criteria (Min.) | This Property | FAVORABLE / INSUFFICIENT |
 Schools |  |  | B | B | FAVORABLE |
 Square Feet |  |  | 1000 | 1,412 | FAVORABLE |
 Bedrooms |  |  | 3 | 3 | FAVORABLE |
 Bathrooms |  |  | 2 | 3 | FAVORABLE |
 Year Built |  |  | 1970 | 1963 | INSUFFICIENT |
 Rent/Price (%) |  |  | 0.75% | 1.00% | FAVORABLE |
 Average Cash Flow (at year 5) |  |  | $125 | $403 | FAVORABLE |
 Average ROI (at year 5) |  |  | 15% | 17.2% | FAVORABLE |