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St Louis Strong Cashflow 1995 Built A Schools asking 265k – listed today [Code 711]

Posted by Powered by Simply Do It on November 11, 2021
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  • SDI's team is scheduled to visit this house tomorrow, Thu. Nov. 12.
  • NEWLY LISTED – ACT FAST
  • Ranch home in a highly desired subdivision. 
  • Sits on a cul-de sac street
  • A schools
  • No (low) crime area
  • 30 mins drive from downtown St Louis
  • New carpet just installed throughout all the bedrooms and lower level rec room. 
  • Wood veneer floors throughout the family room and dining area. 
  • Open kitchen area has a breakfast bar and bay windows.
  • The Master Bedroom has vaulted ceilings, a large walk in closet and a huge master bath.
  • Basement: Partially Finished – rec. room in the lower level along with a bathroom and a ton of storage.
  • The subdivision has a neighborhood pool and tennis courts – HOA is $27/mo
  • Also, within walking distance is a private pond.
  • $450 scouting fee will be added to closing cost
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
  • Age: 26
  • Size: 2000+ sq ft
  • Maybe: finish basement to add more bedroom or family room, to improve value rent, and rentability – this is may be an option.
  • Strong cash flow
  • Quiet street, deriable community, good schools
  • Low crime
What's next?
Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.
Or reach out to SDI team: Alicia and Theresa
Address: 711 Crooked LakeSt Charles, 63304-1068


 Bedrooms 3
 Bathrooms 3
 Square Feet 2022
 Year Built 1995
 Garage Size 2
 Schools Rating (on scale of 0-10) A-
Financial Assumptions Monthly Yearly
Rent (upper) $2,100 $2,200 $26,400
Rent (lower) $2,000 $24,000
 Property Tax Rate (Approx.) 1.30%  
 Property Taxes $300 $3,600
 Insurance $120 $1,440
 Repairs $75 $900
Variable-Cost PM 7.5%  
Property Management Fee $158 $1,890
 Leasing Fee 75% $65.6 $788
 HOA $27 $324
 Vacancy Rate 4.0%  
 Total Fixed Expenses $823 $9,874
 Total Expenses (Fixed + Mortgage) $1,704 $20,451
Financial Analysis / Deal Attractiveness
Years: 5 10
 Cap Rate 6.9% 8.0%
 Net Cash Flow $26,873 $62,046
 Equity Increase $82,531 $182,285
 Total Gain $109,404 $244,332
     
 Average Cash Flow/Year $5,375 $6,205
 Average Cash Flow/Month $448 $517
 Average Gain/Year $21,881 $24,433
 Average ROI 140.8% 314.5%
 Annual ROI 28.2% 31.4%
 Projected Property Value $346,746 $421,870
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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. code 711

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