Incredible cash flow on this deal. WOW! [Code: 7076 & 7080]
Combined Properties Analysis (ie: 2 buildings)
| After 15 Years (no mortgage) | |
| Original purchase price | $720,000 |
| Total investment (out of pocket) | $204,100 |
| 15 yrs Project house value | $1,307,125 |
| Value (appreciation) Gain | $587,125 |
| 15 yrs cash-flow generated | $226,960 |
| Total Gain | $814,085 |
| ROI (15 yrs) | 399% |
| ROI (annually) | 27% |
| Free & Clear cash flow (yr.) | $59,426 |
| Free & Clear cash flow (m) | $4,952 |
Check out this video from Dani regarding this opportunity:
- Adjacent buildings will be sold as a package – total of 2 buildings
- Each building has 4 units
- Each unit is 1-bedroom/1-bathroom units
- Cash flow is around $401 & $468 per month for each 4-plex respectively. Combined for the 2 buildings is around $840/mo!
- Sale is Firm AS-IS
- Convenient corner lot
- Utilities paid by the owner are included under the HOA section of the property analysis (it is not an HOA charge)
- 3 Water Heaters and 3 AC units replaced in the last 5 years
- Windows replaced in 3 units
- All kitchens have gas ranges, garbage disposals, microwaves, and refrigerators
- Most have updated cabinetry, updated tile floors, and dishwashers
- Back Deck updated & retaining wall on east side replaced 3yrs ago
- Brand new roof & updated halls
- Access to Hwy 64/40, Forest Park & all the great restaurants, cafes, shopping and breweries in Downtown Maplewood
- Offers by 6/1/22, Acceptance will be 6/2/22 at 10pm (CST). Highest and Best!
- A-rated School District
- Waiting on additional information regarding: Plumbing and electrical updates
- 6 units out of the 8 are currently occupied. Detailed breakdown of rents available upon request (owner provided information)
Why should you consider this house / what makes it a good investment?
- Built: 1928
- Size: 2,666 & 2,720
- Quiet residential street, Desirable community, A rated schools
What's next?
Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.
Metro: St. Louis
Team: Alilcia – email directly at stl2@simplydoit.net
Code: 7076 & 7080
Building #1
| After 15 Years (no mortgage) | |
| Original purchase price | $360,000 |
| Total investment (out of pocket) | $102,050 |
| 15 yrs Project house value | $653,562 |
| Value (appreciation) Gain | $293,562 |
| 15 yrs cash-flow generated | $109,641 |
| Total Gain | $403,203 |
| ROI (15 yrs) | 395% |
| ROI (annually) | 26% |
| Free & Clear cash flow (yr.) | $29,420 |
| Free & Clear cash flow (m) | $2,452 |
| Property Specifications | 4 | Per Door |
| Bedrooms – 4 Family – 1 BR Units | 4 | 1 |
| Bathrooms – 4 Family – 1 BA Units | 4 | 1.0 |
| Square Feet | 2666 | 667 |
| Year Built | 1928 | |
| Garage Size | 0 | |
| Schools Rating (on scale of A-C) | A |
| Purchase Assumptions | My Offer | Per Door |
| Offer used for analysis | $360,000 | $90,000 |
| Suggested offer (low) | $349,900 | $87,475 |
| Suggested offer (high) | $360,000 | $90,000 |
| Asking | $349,900 | $87,475 |
| Market Value (after improvements) | $362,900 | |
| Improvements (lower) | $3,000 | $750 |
| Improvements (upper) | $6,000 | $1,500 |
| Closing Costs | $3,600 | |
| Mortgage Costs | $3,600 | $900 |
| Other Fees At Closing | $350 | $88 |
| Total Cost | $372,050 | $900 |
| Financial Assumptions | Monthly | Yearly | ||
| Rent (upper) | $3,120 | $3,400 | $40,800 | |
| Rent (lower) | $2,840 | $34,080 | ||
| Property Tax Rate (Approx.) | 1.4% | |||
| Property Taxes | $366 | $4,388 | ||
| Insurance | $150 | $1,800 | ||
| Repairs | $125 | $1,500 | ||
| Variable-Cost PM | 7.5% | |||
| Property Management Fee | $234 | $2,808 | ||
| Leasing Fee | 75% | $97.5 | $1,170 | |
| HOA // Utilities | $174 | $2,094 | ||
| Vacancy Rate | 4.0% | |||
| Total Fixed Expenses | $1,262 | $15,143 | ||
| Total Expenses (Fixed + Mortgage) | $2,795 | $33,540 | ||
| Property Ratings Suggestions | |||||
| Item | Suggested Criteria (Min.) | This Property | FAVORABLE / INSUFFICIENT |
||
| Schools | B | A | FAVORABLE | ||
| Square Feet | 1000 | 2,666 | FAVORABLE | ||
| Bedrooms | 3 | 4 | FAVORABLE | ||
| Bathrooms | 2 | 4 | FAVORABLE | ||
| Year Built | 1970 | 1928 | INSUFFICIENT | ||
| Rent/Price (%) | 0.75% | 0.94% | FAVORABLE | ||
| Average Cash Flow (at year 5) | $125 | $401 | FAVORABLE | ||
| Average ROI (at year 5) | 15% | 24.1% | FAVORABLE | ||
| Financial Analysis / Deal Attractiveness | |||||
| Years: | 5 | 10 | 15 | 20 | |
| Cap Rate | 4.7% | 5.9% | 7.2% | 8.5% | |
| Net Cash Flow | $24,051 | $60,179 | $109,641 | $173,824 | |
| Equity Increase | $98,980 | $221,420 | $373,040 | $561,000 | |
| Total Gain | $123,031 | $281,599 | $482,681 | $734,824 | |
| Average Cash Flow/Year | $4,810 | $6,018 | $7,309 | $8,691 | |
| Average Cash Flow/Month | $401 | $501 | $609 | $724 | |
| Average Gain/Year | $24,606 | $28,160 | $32,179 | $36,741 | |
| Average ROI | 120.6% | 275.9% | 473.0% | 720.1% | |
| Annual ROI | 24.1% | 27.6% | 31.5% | 36.0% | |
| Projected Property Value | $441,523 | $537,181 | $653,562 | $795,159 | |
Building #2
| After 15 Years (no mortgage) | |
| Original purchase price | $360,000 |
| Total investment (out of pocket) | $102,050 |
| 15 yrs Project house value | $653,562 |
| Value (appreciation) Gain | $293,562 |
| 15 yrs cash-flow generated | $123,098 |
| Total Gain | $416,660 |
| ROI (15 yrs) | 408% |
| ROI (annually) | 27% |
| Free & Clear cash flow (yr.) | $30,447 |
| Free & Clear cash flow (m) | $2,537 |
| Property Specifications | 4 | Per Door |
| Bedrooms – 4 Family – 1 BR Units | 4 | 1 |
| Bathrooms – 4 Family – 1 BA Units | 4 | 1.0 |
| Square Feet | 2720 | 680 |
| Year Built | 1928 | |
| Garage Size | 0 | |
| Schools Rating (on scale of A-C) | A |
| Purchase Assumptions | My Offer | Per Door |
| Offer used for analysis | $360,000 | $90,000 |
| Suggested offer (low) | $349,900 | $87,475 |
| Suggested offer (high) | $360,000 | $90,000 |
| Asking | $349,900 | $87,475 |
| Market Value (after improvements) | $362,900 | |
| Improvements (lower) | $3,000 | $750 |
| Improvements (upper) | $6,000 | $1,500 |
| Closing Costs | $3,600 | |
| Mortgage Costs | $3,600 | $900 |
| Other Fees At Closing | $350 | $88 |
| Total Cost | $372,050 | $900 |
| Financial Assumptions | Monthly | Yearly | ||
| Rent (upper) | $3,153 | $3,400 | $40,800 | |
| Rent (lower) 1,445/900 per unit | $2,905 | $34,860 | ||
| Property Tax Rate (Approx.) | 1.4% | |||
| Property Taxes | $369 | $4,426 | ||
| Insurance | $150 | $1,800 | ||
| Repairs | $125 | $1,500 | ||
| Variable-Cost PM | 7.5% | |||
| Property Management Fee | $236 | $2,837 | ||
| Leasing Fee | 75% | $98.5 | $1,182 | |
| HOA // Utilities | $134 | $1,606 | ||
| Vacancy Rate | 4.0% | |||
| Total Fixed Expenses | $1,230 | $14,755 | ||
| Total Expenses (Fixed + Mortgage) | $2,763 | $33,152 | ||
| Property Ratings Suggestions | |||||
| Item | Suggested Criteria (Min.) | This Property | FAVORABLE / INSUFFICIENT |
||
| Schools | B | A | FAVORABLE | ||
| Square Feet | 1000 | 2,720 | FAVORABLE | ||
| Bedrooms | 3 | 4 | FAVORABLE | ||
| Bathrooms | 2 | 4 | FAVORABLE | ||
| Year Built | 1970 | 1928 | INSUFFICIENT | ||
| Rent/Price (%) | 0.75% | 0.94% | FAVORABLE | ||
| Average Cash Flow (at year 5) | $125 | $468 | FAVORABLE | ||
| Average ROI (at year 5) | 15% | 24.9% | FAVORABLE | ||
| Financial Analysis / Deal Attractiveness | |||||
| Years: | 5 | 10 | 15 | 20 | |
| Cap Rate | 5.5% | 6.7% | 8.0% | 9.4% | |
| Net Cash Flow | $28,101 | $68,700 | $123,098 | $192,731 | |
| Equity Increase | $98,980 | $221,420 | $373,040 | $561,000 | |
| Total Gain | $127,080 | $290,120 | $496,138 | $753,730 | |
| Average Cash Flow/Year | $5,620 | $6,870 | $8,207 | $9,637 | |
| Average Cash Flow/Month | $468 | $572 | $684 | $803 | |
| Average Gain/Year | $25,416 | $29,012 | $33,076 | $37,687 | |
| Average ROI | 124.5% | 284.3% | 486.2% | 738.6% | |
| Annual ROI | 24.9% | 28.4% | 32.4% | 36.9% | |
| Projected Property Value | $441,523 | $537,181 | $653,562 | $795,159 | |
Combined Analysis
| After 15 Years (no mortgage) | |
| Original purchase price | $720,000 |
| Total investment (out of pocket) | $204,100 |
| 15 yrs Project house value | $1,307,125 |
| Value (appreciation) Gain | $587,125 |
| 15 yrs cash-flow generated | $226,960 |
| Total Gain | $814,085 |
| ROI (15 yrs) | 399% |
| ROI (annually) | 27% |
| Free & Clear cash flow (yr.) | $59,426 |
| Free & Clear cash flow (m) | $4,952 |
| Property Specifications | 8 | Per Door |
| Bedrooms – 4 Family – 1 BR Units | 8 | 1 |
| Bathrooms – 4 Family – 1 BA Units | 8 | 1.0 |
| Square Feet | 5386 | 673 |
| Year Built | 1928 | |
| Garage Size | 0 | |
| Schools Rating (on scale of A-C) | A |
| Purchase Assumptions | My Offer | Per Door |
| Offer used for analysis | $720,000 | $90,000 |
| Suggested offer (low) | $699,800 | $87,475 |
| Suggested offer (high) | $720,000 | $90,000 |
| Asking | $699,800 | $87,475 |
| Market Value (after improvements) | $725,800 | |
| Improvements (lower) | $6,000 | $750 |
| Improvements (upper) | $12,000 | $1,500 |
| Closing Costs | $7,200 | |
| Mortgage Costs | $7,200 | $900 |
| Other Fees At Closing | $700 | $88 |
| Total Cost | $744,100 | $900 |
| Financial Assumptions | Monthly | Yearly | ||
| Rent (upper) | $6,240 | $6,800 | $81,600 | |
| Rent (lower) | $5,680 | $68,160 | ||
| Property Tax Rate (Approx.) | 1.4% | |||
| Property Taxes | $735 | $8,820 | ||
| Insurance | $300 | $3,600 | ||
| Repairs | $250 | $3,000 | ||
| Variable-Cost PM | 7.5% | |||
| Property Management Fee | $468 | $5,616 | ||
| Leasing Fee | 75% | $195.0 | $2,340 | |
| HOA // Utilities | $308 | $2,094 | ||
| Vacancy Rate | 4.0% | |||
| Total Fixed Expenses | $2,487 | $29,843 | ||
| Total Expenses (Fixed + Mortgage) | $5,553 | $66,635 | ||
| Property Ratings Suggestions | |||||
| Item | Suggested Criteria (Min.) | This Property | FAVORABLE / INSUFFICIENT |
||
| Schools | B | A | FAVORABLE | ||
| Square Feet | 1000 | 5,386 | FAVORABLE | ||
| Bedrooms | 3 | 8 | FAVORABLE | ||
| Bathrooms | 2 | 8 | FAVORABLE | ||
| Year Built | 1970 | 1928 | INSUFFICIENT | ||
| Rent/Price (%) | 0.75% | 0.94% | FAVORABLE | ||
| Average Cash Flow (at year 5) | $125 | $840 | FAVORABLE | ||
| Average ROI (at year 5) | 15% | 17.0% | FAVORABLE | ||
| Financial Analysis / Deal Attractiveness | |||||
| Years: | 5 | 10 | 15 | 20 | |
| Cap Rate | 4.9% | 6.1% | 7.4% | 8.8% | |
| Net Cash Flow | $50,413 | $125,220 | $226,960 | $358,437 | |
| Equity Increase | $197,959 | $442,840 | $746,080 | $1,121,999 | |
| Total Gain | $248,372 | $568,060 | $973,040 | $1,480,436 | |
| Average Cash Flow/Year | $10,083 | $12,522 | $15,131 | $17,922 | |
| Average Cash Flow/Month | $840 | $1,044 | $1,261 | $1,493 | |
| Average Gain/Year | $49,674 | $56,806 | $64,869 | $74,022 | |
| Average ROI | 121.7% | 278.3% | 476.7% | 725.3% | |
| Annual ROI | 24.3% | 27.8% | 31.8% | 36.3% | |
| Projected Property Value | $883,047 | $1,074,361 | $1,307,125 | $1,590,317 | |
Disclaimer
Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.
The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.