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 $10,500 refurbishment included in the purchase price, the work will be finished within 2-3 weeks of completion. Once the work is finished 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 $30,000 but to buy one at this price fully refurbished is impossible.This property is located in Ferguson which is only 12.3 miles from the centre of Downtown Saint Louis. This property is also close to Saint Louis airport and a short distance from University City where you will find all of the main universities.

 

Investment Details

 

$8,400 rent a year.
$840 management fee.
$510 taxes.
$500 insurance.
= 24% net return.

Key Information

Property ID: 23053307
Location: USA, Missouri, Saint Louis County, Ferguson
Categories:
  • House
  • Townhouse
Bedrooms: 3
Bathrooms: 1
Price:
  • £21,262
  • €25,460
  • $27,500
Short Description:

This large three bedroom brick house is amazing value at only $27,500 and with a high net return of 24%.