Three bedroom house, Jennings, USA

Jennings, Saint Louis County, Missouri, USA

Property ID: 41689179

Summary Data

Price £46,622
Price Type
Bedrooms 3 - Bed
Bathrooms 2 - Bath
Plot Size
Building Size
Sector Residential
Type Houses
Subtype
Tenure
Completion
Parking

Location Map

Property Description

This three bedroom house is located in Walnut Park West, St Louis and is just
four minutes and one mile from fairview Elementary school.
The property consists of three bedrooms, two bathrooms, a large lounge diner,
a full basement with a large rear garden.
The property is just being updated to a Section 8 standard. The management
company will place brand new tenants when the new owner closes on the
property. The house should achieve $1,000 in rent each month. The new
tenants can either be Section 8 or private, the decision will be for the new
owner.

This property is located in Walnut Park West, St Louis which is only 8 miles from
the centre of Downtown Saint Louis. This property is also just four minutes and
one mile to Fairview Elementary School, there are many great schools in this
area.

Investment Calculations
Purchase price
$54,900
Gross annual rental income:
$12,000
Property running costs:(Tax, insurance and management costs)
$2,020
Net annual rental income:
$9,980
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

19%

Break even in

5.26 Years

No investment data available