Your search results

Check out this historical duplex!! [Code: 3909]

Posted by Powered by Simply Do It on May 6, 2022
sdi_logo (002).png
After 15 Years (no mortgage) 
Original purchase price$259,900
Total investment (out of pocket)$75,023
15 yrs Project house value$455,459
Value (appreciation) Gain$195,559
15 yrs cash-flow generated$90,152
Total Gain$285,710
ROI (15 yrs)381%
ROI (annually)25%
Free & Clear cash flow (yr.)$21,661
Free & Clear cash flow (m)$1,805
  • 4 Bedroom, 2 bathroom Duplex (two-2 bedroom/1 bathroom units)
  • Adding stackable washer/dryer in units would be a great value add if the space allows
  • Detached 2-car garage
  • Tenant occupied 
  • ~ $350/mo. cash flow 
  • Walkability score of 79 (most errands can be accomplished on foot)
  • Boiler system removed and converted to Central Heating & Cooling, Electrical & Plumbing upgrades, New windows in front, New water heaters
  • Prime family location with restaurants/shopping/activities nearby
  • Your primary renter will most likely be a young professional
  • 3,528 square foot lot

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

  • Built: 1929
  • Size: 2,384
  • Quiet residential street, Desirable community

            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: Alicia – email directly at

            Code: 3909

            Property Specifications2Per Door
             Bedrooms – 2 Family – 2 BR Units42
             Bathrooms – 2 Family – 1 BA Units21.0
             Square Feet23841192
             Year Built1929
             Garage Size2
             Schools Rating (on scale of A-C)C

            Purchase AssumptionsMy OfferPer Door
            Offer used for analysis$259,900$129,950
            Suggested offer (low)$249,900$124,950
            Suggested offer (high)$259,900$129,950
            Market Value (after improvements)$252,900
            Improvements (lower)$3,000$1,500
            Improvements (upper)$6,000$3,000
            Closing Costs$2,599
            Mortgage Costs$2,599$1,300
            Other Fees At Closing$350$175
            Total Cost $269,948$1,300

            Financial AssumptionsMonthlyYearly
            Rent (upper)$2,398$2,600$31,200
            Rent (lower) 1,030/1,165 per unit$2,195$26,340
             Property Tax Rate (Approx.)1.4%
             Property Taxes$176$2,108
            Variable-Cost PM7.5%
            Property Management Fee$180$2,158
             Leasing Fee75%$74.9$899
             HOA // Utilities$160$1,920
             Vacancy Rate4.0%
             Total Fixed Expenses$1,029$12,353
             Total Expenses (Fixed + Mortgage)$2,106$25,270

            Financial Analysis / Deal Attractiveness    
             Cap Rate5.6%6.7%8.0%9.4%
             Net Cash Flow$20,850$50,592$90,152$140,551
             Equity Increase$70,094$156,641$263,584$395,836
             Total Gain$90,944$207,233$353,736$536,386
             Average Cash Flow/Year$4,170$5,059$6,010$7,028
             Average Cash Flow/Month$348$422$501$586
             Average Gain/Year$18,189$20,723$23,582$26,819
             Average ROI121.2%276.2%471.5%715.0%
             Annual ROI24.2%27.6%31.4%35.7%
             Projected Property Value$307,692$374,354$455,459$554,135

            Property Ratings Suggestions
             Item Suggested Criteria (Min.)This PropertyFAVORABLE /
             Square Feet10002,384FAVORABLE
             Year Built19701929INSUFFICIENT
             Rent/Price (%)0.75%1.00%FAVORABLE
             Average Cash Flow (at year 5)$125$348FAVORABLE
             Average ROI (at year 5)15%24.2%FAVORABLE









            sdi_logo (002).png


            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. 

            Compare Listings