Global Property Guide

Financial Information for the Residential Property Buyer

Townhouse

Full Description

We have signed up with one of the biggest building companies in Saint Louis to bring our clients a unique product that nobody else can deliver. This property comes with a $10,000 refurbishment included in the purchase price, the work will be finished in 3-4 weeks. Once the work is done our management company will place a tenant, they have a waiting list of tenants. It is very difficult to buy a property in Saint Louis for under $25,000 but to buy one at this price fully refurbished is impossible.This property is located in Jennings which is only 8.9 miles from the centre of Downtown Saint Louis. This property is also close to the Mark Twain Industrial Centre one of the main industrial centres in Saint Louis

 

Investment Details

 

$7,800 rent a year.
$780 management fee.
$467 taxes.
$500 insurance.
= 25% net return.

Key Information

Property ID: 23048212
Location: USA, Missouri, Saint Louis County, Jennings
Categories:
  • House
  • Townhouse
Bedrooms: 2
Bathrooms: 1
Price:
  • £18,771
  • €22,060
  • $24,500
Short Description:

This large two bedroom house is amazing value at only $24,500 and also with a high net return of 25%.