10562 Maddox Pl

Saint Louis, MO 63114
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2 bd, 1 ba | 1,014 sqft | Built in 1946

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For Sale

Exclusive

List Price
$85,000

Initial Investment

$87,148

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

03/01/2003

Lease End

09/30/2021

Lot Size

8,750

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Long-term tenant leased through 09/30/2021
  • Below market rent
  • Seller recently made repairs on home, view inspection documents for more info
  • Property includes 2 full and 1 operational bedroom
See more in Analysis

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Annual Financial Highlights

Expected Rent

$8,835

Expenses

-$2,411

Property taxes

-$1,700

Loan Payments

$0

Net Cash Flow

$4,724

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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.