190 Grenoble Ln

Florissant, MO 63033
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3 bd, 1 ba | 888 sqft | Built in 1957

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List Price
$122,500

Initial Investment

$33,245

Purchase Price

$122,000

Down Payment

25%

Rent

$1,100

Total Return

$69,622

Annualized Return

26.0%

Cap Rate

6.5%

Gross Yield

10.8%

Cash Flow

$630

Appreciation

9.2%
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Features

Occupancy

Month To Month

Lease Start

09/01/2019

Lease End

M/M

Lot Size

8,255

HOA

None

Flood Risk

Not Required

  • Nice 3 bedroom, 1 bath ranch home. The welcoming and spacious living room has a large window letting in lots of natural light.
  • Large vaulted dining room and eat-in-kitchen with all new black appliances including a range, dishwasher and refrigerator. From the dining room there is a door that leads you to the large fenced, level back yard with a shed and oversized patio
  • The wood floors have been refinished and the home has new windows.
  • There is ample storage space in the basement and a one car garage.
  • This home is located in the Ferguson-Florissant school district.
  • Tenant pays an additional $50 per month for sewer.

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Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,178

Property Taxes

-$2,100

Loan Payments

-$6,633

Net Cash Flow

$630

See more in Financials

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