Senin, 06 Juni 2016

3 Bed Rental Massive Returns $ 28.000 St Louis, MO (63137) 106 Brigadoon Cir. St Louis, MO 63137 Asking $28000 Appraised $54000 on 5/9/16 Rent Estimate $825 Net Return 16.9% Net Cash Flow $6161 3 bed 1 bath with good curb appeal. Repairs estimate $7825 by management company to include:paint, heating and a/c, plumbing and water heater, paint basement, etc. I have attached a link with appraisal, repair estimate, property info and rental comps, rental proforma. Rent estimate by management was $825 but proforma was figured at $795 to be conservative, with a net return of 16.9% This was factored including all expense projections: vacancy rate, potential maintenance and repair rate, taxes, insurance, management fees, etc. Attached is a link to the appraisal, estimate, condition report, rent comps, rent proforma If you are looking for high return rental properties St Louis is one of the best markets in the country. Excellent outlook for values to increase and the rent returns are proven. Gross returns of 24% are typical. We have numerous properties available and acquire new properties daily. We work with out of area investors to package investments so that you can make an informed decision long distance. We focus only on rental properties and provide the following: Appraisal Condition Report Rent Comps Repair Estimates Rental Proforma and realistic expense projections Property Management in Place Total investments typically around 75% of appraised value. Low purchase prices High Rents C class neighborhoods Excellent market outlook Low Volatility


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