Three bedroom house Jennings, Saint Louis County, Missouri, USA 3 Bed Townhouse £42,640 | €47,486 | $57,900 Request a Currency Exchange Quote Here

This large three bedroom house is a rare find at $57,900..

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Off Street Parking, Outside Space
Property Description ID:41621548

This three bedroom house is located in Walnut Park East, St Louis and is
just a short walk to Northwest Academy of Law.
The home has three bedrooms, one bathroom, a large lounge diner and
a full basement. The property is being rented individually per room and
has tenants in place in each bedroom. The total monthly rental income is
$1,300 each month.
The house is under management with a great local St Louis property
management company.

This property is located in Walnut Park East, St Louis which is only 8
miles from the centre of Downtown Saint Louis. This property is also just
a coupler of minutes and a short walk to the Northwest Academy of Law.
There are many great schools in this area.

 

Investment Calculation

Purchase price: 57,900

Gross annual rental income: $15,600

Property running costs: $2,175
(Tax, insurance and management costs)

Net annual rental income: $13,425

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 24%

Break even in 4.16 Years
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