6318 Evergreen Blvd

Saint Louis, MO 63134
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3 bd, 1 ba | 816 sqft | Built in 1953

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Sale Pending

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List Price
$70,000

Initial Investment

$19,075
Pre-approval letter or proof of funds required.

Purchase Price

$70,000

Down Payment

25%

Rent

$825

Total Return

$24,213

Annualized Return

20.0%

Cap Rate

8.4%

Gross Yield

14.1%

Cash Flow

$1,529

Appreciation

4.2%
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Features

Occupancy

Occupied

Lease Start

04/15/2022

Lease End

10/31/2023

Lot Size

6,098

HOA

None

Flood Risk

Not Required

  • Great property style for SFR Investors
  • Great Cap Rate with upside in market rent
  • Home is located in a great neighborhood close to schools and shopping center

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,405

Expenses

-$2,770

Property Taxes

-$1,300

Loan Payments

-$3,806

Net Cash Flow

$1,529

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.

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