4 bed/2 bath split level $225k – St Louis metro


New on market
Rent is conservative – 4 bedrooms bring a higher rent – but given the time of year, I put it on the low end.
The commission is 2.5, so – 0.2% will be added by the buyer. 
Email/text for full address, analysis and the correct SDI local team in St Louis 

Financial Analysis / Deal Attractiveness
 Cap Rate6.9%8.0%
 Net Cash Flow$23,123$53,327
 Equity Increase$66,395$146,616
 Total Gain$89,518$199,943
 Average Cash Flow/Year$4,625$5,333
 Average Cash Flow/Month$385$444
 Average Gain/Year$17,904$19,994
 Average ROI134.2%299.8%
 Annual ROI26.8%30.0%
 Projected Property Value$273,747$333,055

Property Specifications
 Square Feet1,036
 Year Built1973
 Garage Size2
 Schools Rating (on a scale of 0-10)B

Suggested offer (options)$225,000
 Improvements (lower)$3,500
 Improvements (upper)$6,500
 Closing Costs$2,500
 Mortgage Costs$2,500
 Other Fees At Closing$450
Financing Assumptions 
 Down Payment (%)25%
 Down Payment Amount$56,250
 Financed Amount$168,750
 Interest Rate3.40%
 Mortgage Term (Years)30
 Monthly Mortgage Payment$748
 Cash Outlay (Total Out of Pocket)$66,700

Financial AssumptionsMonthlyYearly
Rent (upper)$1,750$1,800$21,600
Rent (lower)$1,700$20,400
 Property Tax Rate (Approx.)1.20% 
 Property Taxes$225$2,700
Variable-Cost PM7.5% 
Property Management Fee$131$1,575
 Leasing Fee75%$54.7$656
 Vacancy Rate4.0% 
 Total Fixed Expenses$661$7,928
 Total Expenses (Fixed + Mortgage)$1,409$16,909

All the best, 
Dani Beit-Or
Simply Do It Investing
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