Advanced Search
Your search results

Lovely Opportunity with A-rated schools [Code: 5]

Posted by Powered by Simply Do It on April 26, 2022
0
sdi_logo (002).png
image.png
After 15 Years (no mortgage)  
Original purchase price $344,000
Total investment (out of pocket) $96,800
15 yrs Project house value $619,525
Value (appreciation) Gain $275,525
15 yrs cash-flow generated $57,886
Total Gain $333,411
ROI (15 yrs) 344%
ROI (annually) 23%
   
Free & Clear cash flow (yr.) $23,983
Free & Clear cash flow (m) $1,999
  • 4 bedroom 3 bathroom Single Family Home
  • 96 days on the market which provides for some negotiating power
  • Fully fenced back yard with large wood deck
  • Over $150/mo. cash flow 
  • 2-car attached garage
  • Highly appreciating area of town
  • Cul-de-sac location
  • Prime family location within walking distance to park and community lake
  • Award winning A-rated schools
  • 0.31 acre lot

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

  • Built: 1991
  • Size: 1,250  sq ft (also has finished lower level which adds square footage)
  • 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: 5


            Property Specifications 1
             Bedrooms 4
             Bathrooms 3
             Square Feet 1250+
             Year Built 1991
             Garage Size 2
             Schools Rating (on scale of A-F) A

            Purchase Assumptions My Offer
            Offer used for analysis $344,000
            Suggested offer (low) $340,000
            Suggested offer (high) $344,000
            Asking $344,000
            Market Value (after improvements) $344,000
            Improvements (lower) $3,000
            Improvements (upper) $5,000
            Closing Costs $3,400
            Mortgage Costs $3,400
            Other Fees At Closing $0
            Total Cost  $354,800

            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 $210 $2,520
             Insurance $115 $1,380
             Repairs $75 $900
            Variable-Cost PM 7.5%  
            Property Management Fee $169 $2,025
             Leasing Fee 75% $70.3 $844
             HOA $13 $156
             Vacancy Rate 4.0%  
             Total Fixed Expenses $735 $8,824
             Total Expenses (Fixed + Mortgage) $2,160 $25,920

            Financial Analysis / Deal Attractiveness        
            Years: 5 10 15 20
             Cap Rate 1.9% 2.9% 4.0% 5.2%
             Net Cash Flow $9,109 $28,063 $57,886 $99,711
             Equity Increase $94,783 $211,778 $356,299 $534,962
             Total Gain $103,892 $239,841 $414,185 $634,673
                       
             Average Cash Flow/Year $1,822 $2,806 $3,859 $4,986
             Average Cash Flow/Month $152 $234 $322 $415
             Average Gain/Year $20,778 $23,984 $27,612 $31,734
             Average ROI 107.3% 247.8% 427.9% 655.7%
             Annual ROI 21.5% 24.8% 28.5% 32.8%
             Projected Property Value $418,529 $509,204 $619,525 $753,746

            Property Ratings Suggestions
             Item      Suggested Criteria (Min.) This Property FAVORABLE /
            INSUFFICIENT
             Schools     B A FAVORABLE
             Square Feet   1000 1,250 FAVORABLE
             Bedrooms   3 4 FAVORABLE
             Bathrooms   2 3 FAVORABLE
             Year Built   1970 1991 FAVORABLE
             Rent/Price (%)   0.75% 0.67% INSUFFICIENT
             Average Cash Flow (at year 5) $125 $152 FAVORABLE
             Average ROI (at year 5) 15% 21.5% FAVORABLE


            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. 

            Compare Listings