127 E Walnut St

Drexel, MO 64742
image0

4 bd, 3 ba | 1,998 sqft | Built in 1920

slider image
slider image
slider image
List Price
$256,950

Initial Investment

$70,019

Purchase Price

$256,950

Down Payment

25%

Rent

$1,840

Total Return

$116,522

Annualized Return

22.0%

Cap Rate

6.0%

Gross Yield

8.6%

Cash Flow

$723

Appreciation

7.6%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

14,374

HOA

None

Flood Risk

Not Required

Drexel Missouri Gem. Experience small town life: 1.5 blocks off the downtown square, this historic home sits on a corner treed yard boasting 14,000 sq. ft. and a pecan tree. This home has been lovingly restored back to life by its current owner. This two-story home features two thousand sq. ft, 3 to 4 bedrooms, and 2.5 baths. It features a new HVAC, new duct work, new plumbing, new roof, kitchen, bathrooms, vinyl siding, family rm, formal living rm, dining rm and laundry rm, with a combo of carpet and luxury plank flooring throughout. There are two large bonus rooms on the main level of approximately 600 sq. ft. that would make a great fabulous master bedroom and office suite or a great space for a home business. This bonus wing has its own private entrance facing the main thoroughfare of Drexel. The property is zoned C1, residential or home business. So, bring your family or bring your family and your business; Drexel is waiting for you!

See more in Analysis
Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Agent License #2018018941

Annual Financial Highlights

Expected Rent

$20,976

Expenses

-$3,734

Property Taxes

-$2,550

Loan Payments

-$13,969

Net Cash Flow

$723

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings



Listing Courtesy of:Bruce Sondern
Agent License SP00216679
Platinum Realty
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2483785
Last Updated: 04/25/2024 01:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.