$170000
Rent: $1800/mo
Turnkey
Model
St. Louis
Market
Single Family Home
Property Type
B+
Neighborhood Classification
4
Bedrooms
2
Baths
8.22
Cap Rate
9.03
Cash-on-Cash*
1396
Sq. Footage
1900
Year
Monthly Cash-Flow*
Property Description
Primarily owner-occupied neighborhood (B-class), two houses available next door to each other (2425 and 2427 West Main). Originally renovated and staged to sell to primary homebuyers (i.e. extra nice!). Across the street from Southwestern Illinois College and a newly built state police crime lab—so if safety of a neighborhood is important to you, this street is flocking with police! This street has many more expensive homes, including Victorian houses. Most houses are closer to the $230-250k range.
Property Video Tour
*Cash Flow Assumptions
Note: Mortgage interest rates change daily and this estimate may not be reflective of the rate you are quoted. Please ensure you run the numbers at your quoted rate to ensure accurate cash flow.
Note: Maintenance and vacancy estimates are not taken out of your monthly distribution. They are simply estimates to account for realistic expenses you will run into along the way so you can have a more accurate estimated return.
How To Buy
We’ll get back to you quickly and confirm if you have any questions about the property or if you’re ready for an introduction to the seller.
We’ll introduce you to the seller. After all of your questions are answered, you’ll be sent a sales contract and earnest money instructions.
You’re off to the races! We’ll stay alongside you throughout your entire buying experience to help ensure everything goes smoothly with your purchase.
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