Three bedroom house, Jennings, USA
Jennings, Saint Louis County, Missouri, USA
Property ID: 41621548
Summary Data
| Price | £49,170 |
| Price Type | |
| Bedrooms | Studio |
| Bathrooms | 1 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | Townhouse |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
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