10560 Spring Garden Dr

Saint Louis, MO 63137
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3 bd, 1 ba | 1,177 sqft | Built in 1954

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List Price
$56,000

Initial Investment

$52,723

Purchase Price

$47,500

Down Payment

100%

Rent

$922

Total Return

$45,380

Annualized Return

15.6%

Cap Rate

13.2%

Gross Yield

23.3%

Cash Flow

$5,656

Appreciation

8.2%
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Features

Occupancy

Occupied

Lease Start

03/01/2016

Lease End

03/01/2020

Lot Size

6,625

HOA

None

Flood Risk

Not Required

  • Tenant liability insurance fee included in monthly rent of $9.50
  • Sewer utility fee included in monthly rent of $37.00

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Annual Financial Highlights

Expected Rent

$10,505

Expenses

-$3,849

Property Taxes

-$1,000

Loan Payments

$0

Net Cash Flow

$5,656

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