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UPDATED DEAL St. Louis Opportunity…Check it out! [Code: 46]

Posted by Powered by Simply Do It on June 21, 2022
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Cash Buyer (no mortgage)
Original purchase price $225,000
Total investment (out of pocket) $236,000
15 yrs Project house value $450,236
Value (appreciation) Gain $225,236
15 yrs cash-flow generated $238,198
Total Gain $463,434
ROI (15 yrs) 196%
ROI (annually) 13%
   
Free & Clear cash flow (yr.) $18,174
Free & Clear cash flow (m) $1,515

  • 3 bedroom, 2 bedroom single family residence
  • The chart ABOVE is for a cash buyer
  • Prime family location with restaurants/parks/medical nearby
  • Large fully fenced backyard
  • A-rated schools
  • The analysis BELOW has been adjusted to $225k purchase price with 25% down
  • Over $310/mo. cash flow (for a financed investor)
  • House has been on the market for 19 days.  This gives added negotiation power to you!
  • 10,083 square foot lot

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

  • Built: 1983
  • Size: 1,362  sq ft
  • 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

            Code46


            *Analysis BELOW is for financed buyer at 25% down

            Purchase Assumptions My Offer
            Offer used for analysis $225,000
            Suggested offer (low) $225,000
            Suggested offer (high) $245,000
            Asking $250,000
            Market Value (after improvements) $250,000
            Improvements (lower) $5,000
            Improvements (upper) $8,000
            Closing Costs $2,250
            Mortgage Costs $2,250
            Other Fees At Closing $0
            Total Cost  $236,000

            Financial Assumptions Monthly Yearly
            Rent (upper) $1,900 $1,950 $23,400
            Rent (lower) $1,850 $22,200
             Property Tax Rate (Approx.) 1.2%  
             Property Taxes $250 $3,000
             Insurance $115 $1,380
             Repairs $100 $1,200
            Variable-Cost PM 7.5%  
            Property Management Fee $143 $1,710
             Leasing Fee 75% $59.4 $713
             HOA $15 $180
             Vacancy Rate 4.0%  
             Total Fixed Expenses $752 $9,026
             Total Expenses (Fixed + Mortgage) $1,632 $19,589

             

            Financial Analysis / Deal Attractiveness        
            Years: 5 10 15 20
             Cap Rate 5.6% 6.7% 7.9% 9.2%
             Net Cash Flow $18,863 $45,187 $79,747 $123,402
             Equity Increase $68,510 $152,592 $255,815 $382,573
             Total Gain $87,373 $197,779 $335,562 $505,975
                       
             Average Cash Flow/Year $3,773 $4,519 $5,316 $6,170
             Average Cash Flow/Month $314 $377 $443 $514
             Average Gain/Year $17,475 $19,778 $22,371 $25,299
             Average ROI 129.9% 294.1% 499.0% 752.4%
             Annual ROI 26.0% 29.4% 33.3% 37.6%
             Projected Property Value $304,163 $370,061 $450,236 $547,781

            Property Ratings Suggestions
             Item      Suggested Criteria (Min.) This Property FAVORABLE /
            INSUFFICIENT
             Schools     B A FAVORABLE
             Square Feet   1000 1,362 FAVORABLE
             Bedrooms   3 3 FAVORABLE
             Bathrooms   2 2 FAVORABLE
             Year Built   1970 1983 FAVORABLE
             Rent/Price (%)   0.75% 0.87% FAVORABLE
             Average Cash Flow (at year 5) $125 $314 FAVORABLE
             Average ROI (at year 5) 15% 26.0% 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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