1006 Forest Ave Kirkwood, MO 63122
3bd, 2.5ba | 1,687sqft | Built in 1954
investment property - 1006 Forest Ave, Kirkwood, MO 63122, Saint Louis - image 0
Expand
investment property - 1006 Forest Ave, Kirkwood, MO 63122, Saint Louis - image 0
investment property - 1006 Forest Ave, Kirkwood, MO 63122, Saint Louis - image 1
investment property - 1006 Forest Ave, Kirkwood, MO 63122, Saint Louis - image 2
List Price
$304,900
Initial Investment : $309,474
Purchase Price
$304,900
Down Payment
100%
Rent
$2,200

Total Return
$103,793
Annualized Return
6.4%
Cap Rate
4.8%
Gross Yield
8.7%
Cash Flow
$13,679
Appreciation
3.0%
Features
Occupancy
Occupied
Lease Start
07/01/2019 
Lease End
06/30/2020 
Lot Size
10,498 
HOA
None
Flood Risk
Not Required
  • $175K complete rehab done in 2018
  • 5-star neighborhood
  • Located in one of Missouri's top school districts
  • Less than 2 miles from dining and shopping in historic Downtown Kirkwood

Annual Financial Highlight
Expected Rent
$25,080
Expenses
-$5,601
Property Taxes
-$5,800
Loan Payments
$0

Net Cash Flow
$13,679
Considerations
Property Characteristics    View Details



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. If any prior inspection reports are available, you'll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • 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.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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.

BESbswy