9500 Lewis and Clark Blvd

Saint Louis, MO 63136
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2 bd, 1.5 ba | 1,218 sqft | Built in 1951

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List Price
$61,000

Initial Investment

$17,071

Purchase Price

$60,000

Down Payment

25%

Rent

$970

Total Return

$37,650

Annualized Return

30.7%

Cap Rate

10.4%

Gross Yield

19.4%

Cash Flow

$2,334

Appreciation

7.5%
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Features

Occupancy

Occupied

Lease Start

03/27/2020

Lease End

03/27/2021

Lot Size

20,800

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Near schools, shopping, and dining
  • 20-minute drive to downtown St. Louis
  • Tenant moved in 3/27 and April rent has been paid. See ledger in diligence vault

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Annual Financial Highlights

Expected Rent

$11,058

Expenses

-$3,862

Property Taxes

-$1,600

Loan Payments

-$3,262

Net Cash Flow

$2,334

See more in Financials

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