403 S Lafayette St

Corder, MO 64021
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2 bd, 1 ba | 1,334 sqft | Built in 1900

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List Price
$80,000

Initial Investment

$21,800

Purchase Price

$80,000

Down Payment

25%

Rent

$1,160

Total Return

$68,758

Annualized Return

40.2%

Cap Rate

11.9%

Gross Yield

17.4%

Cash Flow

$4,396

Appreciation

9.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,144

HOA

None

Flood Risk

Not Required

CALLING ALL INVESTORS! Located on a large lot in a great area of town, this home has a large, detached garage & cute front porch. The inside of the home boasts beautiful hardwood floors, very large rooms & tall ceilings. This home would make the perfect flip or starter home with some proper TLC. Property is being sold As-Is. Washer & Dryer can stay with home. Items left in-home would-be buyer's responsibility. Don't miss this opportunity!

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$13,224

Expenses

-$3,729

Property Taxes

-$750

Loan Payments

-$4,349

Net Cash Flow

$4,396

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Ashley Cornick
Re/Max United
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceHeartland MLS
MLS #2519242
Last Updated: 11/11/2024 00:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.