St. Louis 3 bedroom with basement [code: 3104]


  • $445 per month cash flow
  • Good local school district
  • Hard flooring throughout
  • Fully fenced back yard.  Perfect for families and pets
  • No (low) crime area
  • 2 bonus rooms and finished basement area
  • 9,100+ sq. foot lot 

Why should you consider this house / what makes it a good investment?

  • Built: 1971
  • Size: 1,854+ sq ft sitting on a 9,100+ square foot lot
  • Quiet residential street, Desirable community, great schools
  • Little to no updates needed

Property Specifications1
 Square Feet1854
 Year Built1971
 Garage Size2
 Schools Rating (on scale of 0-10)B

Purchase AssumptionsMy Offer
Suggested offer (low)$246,000
Suggested offer (high)$249,900
Suggested offer (options)$246,000
Land Value (%)25%
Building Value (%)75%
 Market Value (after improvements)$250,000
 Improvements (lower)$4,500
 Improvements (upper)$6,500
 Closing Costs$2,500
 Mortgage Costs$2,500
 Other Fees At Closing$0
 Total Cost $256,500

Financial AssumptionsMonthlyYearly
Rent (upper)$1,950$2,100$25,200
Rent (lower)$1,800$21,600
 Property Tax Rate (Approx.)1.00% 
 Property Taxes$230$2,760
Variable-Cost PM7.5% 
Property Management Fee$146$1,755
 Leasing Fee75%$60.9$731
 Vacancy Rate5.0% 
 Total Fixed Expenses$712$8,549
 Total Expenses (Fixed + Mortgage)$1,556$18,677

Property Ratings Suggestions
 Item   My Criteria (Min.)This PropertyFAVORABLE/INSUFFICIENT
 Square Feet 9501854FAVORABLE
 Bedrooms 33FAVORABLE
 Bathrooms 12.5FAVORABLE
 Year Built 19601971FAVORABLE
 Rent/Price (%) 0.70%0.85%FAVORABLE
 Average Cash Flow (at year 5)$125$444FAVORABLE
 Average ROI (at year 5)15%27.6%FAVORABLE
Cash Flow vs Out-of-Pocket0.2%0.6%FAVORABLE

Financial Analysis / Deal Attractiveness   
 Cap Rate7.4%8.5%9.7%11.0%
 Net Cash Flow$26,647$61,338$104,911$158,289
 Equity Increase$72,749$160,947$267,880$397,531
 Total Gain$99,396$222,285$372,791$555,820
 Average Cash Flow/Year$5,329$6,134$6,994$7,914
 Average Cash Flow/Month$444$511$583$660
 Average Gain/Year$19,879$22,229$24,853$27,791
 Average ROI138.0%308.7%517.8%772.0%
 Annual ROI27.6%30.9%34.5%38.6%
 Projected Property Value$304,163$370,061$450,236$547,781








What's next?

Email the agent at the address below for address, analysis and to get connected to Simply Do It's local team that handles this transaction.

Metro: St. Louis

Team: Alicia – email below

Code: 3104




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.