9452 Rembold Ave

Saint Louis, MO 63125
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2 bd, 1 ba | 1,389 sqft | Built in 1904

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List Price
$59,900

$10K

Initial Investment

$20,650

Purchase Price

$56,750

Down Payment

25%

Rent

$845

Total Return

$25,456

Annualized Return

19.9%

Cap Rate

9.9%

Gross Yield

17.9%

Cash Flow

$1,936

Appreciation

6.4%
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Features

Occupancy

Occupied

Lease Start

10/01/2018

Lease End

09/30/2023

Lot Size

3,250

HOA

None

Flood Risk

Not Required

  • Good Cap Rate with upside in market rent
  • Buyer is responsible for new home inspection
  • Long-term tenant
  • Two bedroom home in Lemay with a ton of space!
  • The eat-in kitchen offers plenty of cabinet and counter room, as well as its own stove and refrigerator.
  • The living room is comfortably spacious with a uniquely enclosed front porch attached. The formal dining room completes the first floor.
  • There are two large bedrooms on the second floor, as well a bonus room to be used as an office or an extra bedroom.
  • This home has a full basement with storage and washer/dryer connections. The backyard is fully fenced-in with a detached one car garage.

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Annual Financial Highlights

Expected Rent

$9,633

Expenses

-$3,211

Property Taxes

-$1,400

Loan Payments

-$3,085

Net Cash Flow

$1,936

See more in Financials

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