3307 N Hanley Rd

Saint Louis, MO 63121
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2 bd, 1 ba | 884 sqft | Built in 1939

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List Price
$60,000

Initial Investment

$54,928

Purchase Price

$52,000

Down Payment

100%

Rent

$730

Total Return

$31,047

Annualized Return

10.8%

Cap Rate

9.6%

Gross Yield

16.8%

Cash Flow

$4,507

Appreciation

4.3%
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Features

Occupancy

Occupied

Lease Start

09/25/2017

Lease End

08/31/2020

Lot Size

4,840

HOA

None

Flood Risk

Not Required

  • Meets 1% rule
  • Easy access to St. Louis Lambert International Airport (5 miles)
  • Attractive cap rate

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$8,322

Expenses

-$2,715

Property Taxes

-$1,100

Loan Payments

$0

Net Cash Flow

$4,507

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