8917 Ellison Dr

Jennings, MO 63136
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3 bd, 1 ba | 960 sqft | Built in 1956

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List Price
$80,000

Initial Investment

$22,798

Purchase Price

$80,000

Down Payment

25%

Rent

$960

Total Return

$44,242

Annualized Return

26.8%

Cap Rate

8.8%

Gross Yield

14.4%

Cash Flow

$1,997

Appreciation

7.5%
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Features

Occupancy

Occupied

Lease Start

02/01/2020

Lease End

01/31/2021

Lot Size

6,708

HOA

None

Flood Risk

Not Required

  • Minimal repairs, less than $1k in CapEx
  • Tenant occupied through January 2021
  • Sewer fee included in monthly rent of $45
  • Seller recently made repairs on home, view inspection documents for more info

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Annual Financial Highlights

Expected Rent

$10,944

Expenses

-$3,198

Property Taxes

-$1,400

Loan Payments

-$4,349

Net Cash Flow

$1,997

See more in Financials

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