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Dream investment alert: Explore this value-add property today! [Code: 1409]

Posted by Powered by Simply Do It on June 21, 2024
Why THIS deal??
  • ~$374/mo. cash flow once you can refi to 6.0% 
  • Cash flows at ~$294/mo. at today's rates of 6.75%

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  • Single Family Home with 3 bedrooms and 2.5 full bathrooms
  • Foreclosure property.  Anticipate this being a slower than normal process. 
  • This property will need a fair amount of cosmetic work 
  • Great location with quick access to major commuting routes, shopping and schools
  • Highly appreciating area with strong rental market
  • Property has been on the market for 30 days
  • Good schools
  • Instant Equity! 
  • Value-add opportunity
  • Low HOA charges
  • #cashflow  #appreciation  #foreclosure  #valueadd

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

  • Built: 1991
  • Size:1,400 square foot home
  • Low Crime, Desirable Community, A/B 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

Code: 1409

Property Specifications1
 Square Feet1400
 Year Built1991
 Garage Size2
 Schools Rating (scale 3-30, 30 is best)14
Lot size (sq ft)12632

Purchase AssumptionsMy Offer
Offer used for analysis$235,000
Suggested offer (low)$220,000
Suggested offer (high)$235,000
Market Value (after improvements)$290,000
Estimated Improvements (lower)$30,000
Estimated Improvements (upper)$50,000
Estimated Closing Costs$2,350
Estimated Mortgage Costs$1,892
Other Fees At Closing (pts, . . . )$2,468
Total Cost (estimated)$281,709

Financing Assumptions 
 Down Payment (%) 30%
 Down Payment Amount$70,500
 Financed Amount$164,500
 Interest Rate 6.750%
 Mortgage Term (Years)30
 Monthly Mortgage Payment$1,067
 Cash Outlay (Total Out of Pocket) $117,209

Estimated Financial Assumptions
Rent (upper)*$2,025$2,150$25,800
Rent (lower)*$1,900$22,800
Property Taxes $185$2,220
Insurance $150$1,800
Property Management Monthly (%)7.5% 
Property Management Monthly ($)$152$1,823
Leasing Fee75%$63.3$759
HOA or Fixed Costs$29$348
Vacancy Rate 4.0% 
Total Fixed Expenses37%$754$9,049
 Total Expenses (Fixed + Mortgage)$1,821$21,852

Financial Analysis / Deal Attractiveness    
 Cap Rate3.0%4.3%5.7%7.3%
 Net Cash Flow$17,618$50,056$99,863$170,015
 Equity Increase$72,904$163,450$276,201$417,004
 Total Gain$90,522$213,506$376,064$587,019
 Average Cash Flow/Year$3,524$5,006$6,658$8,501
 Average Cash Flow/Month$294$417$555$708
 Average Gain/Year$18,104$21,351$25,071$29,351
 Average ROI77.2%182.2%320.8%500.8%
 Annual ROI15.4%18.2%21.4%25.0%
 Projected Property Value$352,829$429,271$522,274$635,426

Property Ratings Suggestions
 Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
 Schools (scale of 3-30, 30 is the best) 1414FAVORABLE
 Square Feet  1,0001,400FAVORABLE
 Bedrooms  33FAVORABLE
 Bathrooms  22.5FAVORABLE
 Year Built  19701991FAVORABLE
 Average Cash Flow (at year 5)  $125$294FAVORABLE
 Average ROI (at year 5)  15%15.4%FAVORABLE




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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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