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Charming St. Louis 3-bedroom [code:12023]

Posted by Powered by Simply Do It on January 7, 2022

  • Highly desired subdivision with very stable rent market
  • ~$3000 per year cash flow
  • Sits on a quiet residential street
  • No (low) crime area
  • 8,200+ sq. foot lot
  • Open floor plan with fireplace in the lower level family room (currently being used as a bedroom)
  • Large fenced backyard
  • Large updated kitchen


St. Louis

  • # of fortune 500 companies: 8
  • # of fortune 1000 companies: 6 
    • Known companies HQ: Anheuser-Busch, Energizer Holdings, Enterprise Holdings, Nestlé Purina PetCare, Panera Bread


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

  • Built: 1968
  • Size: 1550 sq ft on an 8,200+ sq. foot lot
  • Quiet street, desirable community, good local schools
  • Low crime

Metro: St. Louis

Team: Nathan

Code: 12023

Property Specifications1
 Square Feet1550
 Year Built1968
 Garage Size1
 Schools Rating (on scale of A-F)B


Purchase AssumptionsMy Offer
Offer used for analysis$220,000
Suggested offer (low)$215,000
Suggested offer (high)$220,000
Market Value (after improvements)$224,900
Improvements (lower)$2,500
Improvements (upper)$5,500
Closing Costs$2,200
Mortgage Costs$2,200
Other Fees At Closing$0
Total Cost $228,400
Financial AssumptionsMonthlyYearly
Rent (upper)$1,625$1,700$20,400
Rent (lower)$1,550$18,600
 Property Tax Rate (Approx.)1.1% 
 Property Taxes$250$3,000
Variable-Cost PM7.5% 
Property Management Fee$122$2,455
 Leasing Fee75%$50.8$609
 Vacancy Rate4.0% 
 Total Fixed Expenses$678$8,133
 Total Expenses (Fixed + Mortgage)$1,419$17,024


Financial Analysis / Deal Attractiveness    
 Cap Rate4.6%5.6%6.6%7.8%
 Net Cash Flow$14,697$35,551$63,202$98,357
 Equity Increase$65,725$145,253$241,491$357,959
 Total Gain$80,422$180,804$304,692$456,316
 Average Cash Flow/Year$2,939$3,555$4,213$4,918
 Average Cash Flow/Month$245$296$351$410
 Average Gain/Year$16,084$18,080$20,313$22,816
 Average ROI126.8%285.2%480.6%719.7%
 Annual ROI25.4%28.5%32.0%36.0%
 Projected Property Value$273,625$332,907$405,032$492,784

Property Ratings Suggestions
 Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
 Square Feet 10001,550FAVORABLE
 Bedrooms 33FAVORABLE
 Bathrooms 22FAVORABLE
 Year Built 19701968INSUFFICIENT
 Rent/Price (%) 0.75%0.77%FAVORABLE
 Average Cash Flow (at year 5)$125$245FAVORABLE
 Average ROI (at year 5)15%25.4%FAVORABLE

What's next?

Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.






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.

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