Advanced Search
Your search results

Another A-rated Beauty (with A-rated schools, too!) [Code: 4594]

Posted by Powered by Simply Do It on April 22, 2022
0
sdi_logo (002).png
image.png
After 15 Years (no mortgage)  
Original purchase price $300,000
Total investment (out of pocket) $83,800
15 yrs Project house value $567,297
Value (appreciation) Gain $267,297
15 yrs cash-flow generated $47,899
Total Gain $315,196
ROI (15 yrs) 376%
ROI (annually) 25%
   
Free & Clear cash flow (yr.) $20,718
Free & Clear cash flow (m) $1,727
  • 5 bedroom 2 bath single family property. 
  • Large wood deck overlooking beautiful corner lot backyard
  • 22 Days on the market already which gives great negotiation power! 
  • Vaulted dining room and kitchen with new stainless appliances and ceramic floors 
  • Walk out lower level offers a full bath, recreation room, family room, wood burning fireplace with floor to ceiling brick surround
  • Over $115/mo. cash flow 
  • Oversized 2 car attached garage with workshop area
  • New roof in 2020 and clear termite report
  • This home was meticulously maintained by current owner
  • Fantastic neighborhood, club facilities, club pool, hot tub, basketball court and tennis court
  • Seller is looking for cash offer or loan with no appraisal rider and selling “as-is”
  • Prime family location within walking distance to huge park with 2 lakes
  • Award winning A-rated schools
  • 9,583 square foot lot

Why should you consider this house / what makes it a good investment?

  • Built: 1986
  • Size: 2,000+  sq ft
  • Quiet residential street, Desirable community, A rated 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: 4594


            Property Specifications 1
             Bedrooms 5
             Bathrooms 2
             Square Feet 2000+
             Year Built 1986
             Garage Size 2
             Schools Rating (on scale of A-F) A

            Purchase Assumptions My Offer
            Offer used for analysis $300,000
            Suggested offer (low) $300,000
            Suggested offer (high) $320,000
            Asking $315,000
            Market Value (after improvements) $315,000
            Improvements (lower) $2,000
            Improvements (upper) $3,000
            Closing Costs $3,150
            Mortgage Costs $3,150
            Other Fees At Closing $0
            Total Cost  $308,800

            Financial Assumptions Monthly Yearly
            Rent (upper) $2,000 $2,100 $25,200
            Rent (lower) $1,900 $22,800
             Property Tax Rate (Approx.) 1.2%  
             Property Taxes $215 $2,580
             Insurance $115 $1,380
             Repairs $75 $900
            Variable-Cost PM 7.5%  
            Property Management Fee $150 $1,800
             Leasing Fee 75% $62.5 $750
             HOA $0 $0
             Vacancy Rate 4.0%  
             Total Fixed Expenses $692 $8,298
             Total Expenses (Fixed + Mortgage) $1,934 $23,207

            Financial Analysis / Deal Attractiveness        
            Years: 5 10 15 20
             Cap Rate 1.7% 2.7% 3.8% 5.0%
             Net Cash Flow $7,166 $22,838 $47,899 $83,327
             Equity Increase $85,909 $191,894 $322,740 $484,403
             Total Gain $93,076 $214,731 $370,638 $567,730
                       
             Average Cash Flow/Year $1,433 $2,284 $3,193 $4,166
             Average Cash Flow/Month $119 $190 $266 $347
             Average Gain/Year $18,615 $21,473 $24,709 $28,386
             Average ROI 111.1% 256.2% 442.3% 677.5%
             Annual ROI 22.2% 25.6% 29.5% 33.9%
             Projected Property Value $383,246 $466,277 $567,297 $690,204

            Property Ratings Suggestions
             Item      Suggested Criteria (Min.) This Property FAVORABLE /
            INSUFFICIENT
             Schools     B A FAVORABLE
             Square Feet   1000 2000+ FAVORABLE
             Bedrooms   3 5 FAVORABLE
             Bathrooms   2 2 FAVORABLE
             Year Built   1970 1986 FAVORABLE
             Rent/Price (%)   0.75% 0.70% INSUFFICIENT
             Average Cash Flow (at year 5) $125 $119 INSUFFICIENT
             Average ROI (at year 5) 15% 22.2% FAVORABLE

            image.png

            image.png

            image.png
            image.png
            image.png

            image.png

            image.png
            image.png
            image.png
            image.png
            image.png
            image.png
            image.png
            sdi_logo (002).png

            Disclaimer

            Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.

            The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info. 

            Leave a Reply

            Compare Listings