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Here’s YOUR “quiet” investment…Don’t miss this opportunity! [Code: 202]

Posted by Powered by Simply Do It on July 12, 2022
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After 15 Years (no mortgage)  
Original purchase price $329,900
Total investment (out of pocket) $91,573
15 yrs Project house value $594,131
Value (appreciation) Gain $264,231
15 yrs cash-flow generated $77,441
Total Gain $341,672
ROI (15 yrs) 373%
ROI (annually) 25%
   
Free & Clear cash flow (yr.) $23,635
Free & Clear cash flow (m) $1,970
  • Large 3 bedroom, 3 bath detached single family home
  • Currently at 54 days on the market.  Great negotiation opportunity for you! 
  • Asking price recently reduced by $10k
  • Quiet residential street
  • Fully fenced backyard with a composite covered deck 
  • Perfect home for a family with pets and children
  • Hard floors and carpet throughout
  • This home has Attic Fan, Whole House Vac, Water softener & newer HVAC, Roof & Water Heater
  • Over $260/mo. cash flow 
  • No HOA costs
  • A rated schools
  • Finished basement for additional living space
  • 2 car attached garage with a workshop area
  • 8,712 square foot corner lot

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

  • Built: 1994
  • Size: 2169
  • Low Crime, 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: 202

            Property Specifications 1
             Bedrooms 3
             Bathrooms 3
             Square Feet 2169
             Year Built 1994
             Garage Size 2
             Schools Rating (on scale of A-F) A
            Purchase Assumptions My Offer
            Offer used for analysis $329,900
            Suggested offer (low) $320,000
            Suggested offer (high) $329,900
            Asking $329,900
            Market Value (after improvements) $329,900
            Improvements (lower) $4,000
            Improvements (upper) $6,000
            Closing Costs $3,299
            Mortgage Costs $3,299
            Other Fees At Closing $0
            Total Cost  $341,498

            Financial Assumptions Monthly Yearly
            Rent (upper) $2,250 $2,300 $27,600
            Rent (lower) $2,200 $26,400
             Property Tax Rate (Approx.) 1.2%  
             Property Taxes $260 $3,120
             Insurance $100 $1,200
             Repairs $75 $900
            Variable-Cost PM 7.5%  
            Property Management Fee $169 $2,025
             Leasing Fee 75% $70.3 $844
             HOA $0 $0
             Vacancy Rate 4.0%  
             Total Fixed Expenses $757 $9,088
             Total Expenses (Fixed + Mortgage) $2,048 $24,576
            Financial Analysis / Deal Attractiveness        
            Years: 5 10 15 20
             Cap Rate 3.4% 4.5% 5.6% 6.9%
             Net Cash Flow $15,775 $41,252 $77,441 $125,456
             Equity Increase $92,510 $206,131 $345,724 $517,277
             Total Gain $108,284 $247,383 $423,164 $642,733
                       
             Average Cash Flow/Year $3,155 $4,125 $5,163 $6,273
             Average Cash Flow/Month $263 $344 $430 $523
             Average Gain/Year $21,657 $24,738 $28,211 $32,137
             Average ROI 118.2% 270.1% 462.1% 701.9%
             Annual ROI 23.6% 27.0% 30.8% 35.1%
             Projected Property Value $401,374 $488,333 $594,131 $722,852
            Property Ratings Suggestions
             Item      Suggested Criteria (Min.) This Property FAVORABLE /
            INSUFFICIENT
             Schools     B A FAVORABLE
             Square Feet   1000 2,169 FAVORABLE
             Bedrooms   3 3 FAVORABLE
             Bathrooms   2 3 FAVORABLE
             Year Built   1970 1994 FAVORABLE
             Rent/Price (%)   0.75% 0.70% INSUFFICIENT
             Average Cash Flow (at year 5) $125 $263 FAVORABLE
             Average ROI (at year 5) 15% 23.6% FAVORABLE
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            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. 

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