1351 Redman Blvd-Saint Louis-63138, Saint Louis

1351 Redman Blvd

Saint Louis, MO 63138

3 bd, 1 ba | 925 sqft | Built in 1961

List Price

$82,000

Initial Investment

$23,486

Purchase Price

$81,000

Down Payment

25%

Rent

$900

Total Return

$24,200

Annualized Return

16.7%

Cap Rate

8.0%

Gross Yield

13.3%

Cash Flow

$1,452

Appreciation

4.0%

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Features

Occupancy

Occupied

Lease Start

-

Lease End

01/31/2021

Lot Size

8,625

HOA

None

Flood Risk

Not Required

Great location, easy commute to Downtown St. Louis (20 minutes)

MARKETS

NEIGHBORHOOD

SCHOOLS

See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,260

Expenses

-$2,904

Property Taxes

-$1,500

Loan Payments

-$4,404

Net Cash Flow

$1,452

See more in Financials

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