1525 Codorniz Ln

Fenton, MO 63026
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3 bd, 2 ba | 839 sqft | Built in 1972

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List Price
$169,900

Initial Investment

$49,187

Purchase Price

$159,250

Down Payment

25%

Rent

$1,650

Total Return

$34,895

Annualized Return

12.2%

Cap Rate

7.2%

Gross Yield

12.4%

Cash Flow

$2,094

Appreciation

3.4%
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Features

Occupancy

Occupied

Lease Start

08/03/2017

Lease End

05/30/2021

Lot Size

8,912

HOA

None

Flood Risk

Not Required

  • There is a 4th bedroom and 2nd bathroom in the basement
  • Close to top rated Rockwood schools, shops, and restaurants
  • Tenant in place since 2017 and recently renewed lease
  • Seller recently made repairs on home, view inspection documents for more info

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Annual Financial Highlights

Expected Rent

$18,810

Expenses

-$4,759

Property Taxes

-$3,300

Loan Payments

-$8,658

Net Cash Flow

$2,094

See more in Financials

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