403 Forrest St

Richmond, MO 64085
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3 bd, 1 ba | 1,000 sqft | Built in 1900

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List Price
$144,900

Initial Investment

$39,485

Purchase Price

$144,900

Down Payment

25%

Rent

$1,470

Total Return

$85,353

Annualized Return

29.0%

Cap Rate

8.7%

Gross Yield

12.2%

Cash Flow

$3,848

Appreciation

7.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,583

HOA

None

Flood Risk

Not Required

3 bedroom 1 bath home located in Richmond, MO. This home has newer windows, newer ac and heater. Home does have basement and large back yard.

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

Annual Financial Highlights

Expected Rent

$16,758

Expenses

-$3,682

Property Taxes

-$1,350

Loan Payments

-$7,878

Net Cash Flow

$3,848

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:Dana Harding
Agent License 1999096658
Dana Harding Realty
Certified Agent Brokerage:Caleb Brown
eXp Realty LLC (Caleb Brown-MO)
MO Brokerage License 2016012645
SourceHeartland MLS
MLS #2543491
Last Updated: 04/15/2025 15:04
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