1414 Benton St
Saint Louis, MO 63106
List Price
$87,500
Initial Investment
$23,844Purchase Price
$87,500
Down Payment
25%
Rent
$550
Total Return
$29,481
Annualized Return
16.4%
Cap Rate
4.4%
Gross Yield
7.5%
Cash Flow
-$1,280
Appreciation
7.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Month To Month
Lease Start
03/07/2020
Lease End
M/M
Property Type
Duplex
Lot Size
1,360
HOA
None
Flood Risk
Not Required
- Perfect property type for Investors
- Property is being sold as a package deal with the connected duplex at 1412 Benton St for a total list price of $175,000
- Great Cap Rate at market rent
- Apartment 1414 is occupied month to month and apartment 1414B is vacant. Seller has begun marketing the vacant unit for rent
- Property is located in the Old North St Louis neighborhood which is walking distance to the new $1.7 billion National Geospatial-Intelligence Agency Campus.
- Local experts expect the Old North St Louis neighborhood to have continued private development due to the increase in public development in the area. The neighborhood is expected to have an increase in new commercial development and jobs in the next few years. Along with a newer hospital being built in the area a few years ago
See more in Analysis
Annual Financial Highlights
Expected Rent
$6,270Expenses
-$1,893Property Taxes
-$900Loan Payments
-$4,757Net Cash Flow
-$1,280See more in Financials
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