16% Returns in St Louis (Florissant, MO)

[Isaac Taylor]

ST LOUIS INVESTMENT PROPERTY OVERVIEW

• Market: Metro St Louis Area
• Listing Price: $76,000
• Rehab Estimate: $10,000
• Address: Thunderbird Ave, Florissant, MO
• Beds / Baths / Sq Ft: 3 beds / 2 bath / 1,040 sq ft
• Property Description: Possible Short Sale. 3 bedroom property awaiting your finishing touches. Does need some TLC but would make a nice home for first time buyer or investor. Hard wood floors in all bedrooms, living room and dining room. Partially finished basement. Nice fenced in back yard.

FINANCIAL SUMMARY - Click for more detail!

At Listing Price Purchase Price: $76,000 Rehab: $10,000 Closing Costs: $2,280 Total Investment: $88,280 Financed Amount: $60,800 Cash Investment: $27,480 Annual Revenue: $12,000 Annual Expenses: $6,361 Interest: $3,040 Net Income: $2,599 Annual Return: 9% Annual Appreciation: $1,520 Total Return Potential: 15%

At Recommended Price Purchase Price: $74,000 Rehab: $10,000 Closing Costs: $2,220 Total Investment: $86,220 Financed Amount: $59,200 Cash Investment: $27,020 Annual Revenue: $12,000 Annual Expenses: $6,361 Interest: $2,960 Net Income: $2,679 Annual Return: 10% Annual Appreciation: $1520 Total Return Potential: 16%

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