Two bedroom house, Jennings, USA
Jennings, Saint Louis County, Missouri, USA
Property ID: 41629293
Summary Data
Price | £53,416 |
Price Type | |
Bedrooms | Studio |
Bathrooms | 1 - Bath |
Plot Size | |
Building Size |
Sector | Residential |
Type | Houses |
Subtype | Townhouse |
Tenure | |
Completion | |
Parking |
Location Map
Property Description
This fantastic spacious two bedroom single family home is located in Mark
Twain, St Louis and is just five minutes from the Walbridge Elementary school.
The property was very recently updated inside and has two large bedrooms,
One bathroom, a lovely open plan kitchen / dining area with an island anad
large garden with a full basement.
The house has tenants in place keeping the property in good condition paying
$1,300 in rent each month. The house is under management with a great local St
Louis property management company.
This property is located in Mark Twain, St Louis which is only 6.3 miles from the
centre of Downtown Saint Louis. This property is also close to Walbridge
Elementary School & Barack Obama Elementary School, there are many great
schools in this area.
Investment Calculation
Purchase price: 62,900
Gross annual rental income: $15,600
Property running costs: $2,188
(Tax, insurance and management costs)
Net annual rental income: $13,412
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 22%
Break even in 4.54 Years