7751 Mallard Dr

Saint Louis, MO 63133
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2 bd, 1 ba | 792 sqft | Built in 1948

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List Price
$124,999

Initial Investment

$34,700

Purchase Price

$120,000

Down Payment

25%

Rent

$1,100

Total Return

$52,671

Annualized Return

22.0%

Cap Rate

7.7%

Gross Yield

11%

Cash Flow

$2,095

Appreciation

6.4%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Lot Size

12,894

HOA

None

Flood Risk

Not Required

This beautiful 2bed 1bath home was recently remodeled from head to toe and still has opportunity for value add if you choose by finishing the basement! *This home is currently rented out at $1100 until October 31, 2022. Showing only available with accepted contract.*-Corner lot parcel, you have one of the biggest yards in the town!-Tons of privacy, no neighbors to one side or the rear of the property -Located just 1 block from a community park -Beautiful brand new hardwood floors throughout -Recessed lighting throughout -A well designed, open floorplan -The amazing kitchen has been expanded and has brand new white cabinets, granite countertops, stainless steel appliances-The spacious bedrooms have new light fixtures and wire closet organizers to help organize-The bathroom is bright and practically all brand new -The downstairs is MASSIVE and perfect for extra storage OR waiting for you to finish! HOME, RENTAL PROPERTY, NEW AIRBNB? SO MANY OPTIONS!

See more in Analysis
Greg Abel
Avenue Real Estate Group
MO Agent License #2010034185

Annual Financial Highlights

Expected Rent

$12,540

Expenses

-$3,534

Property Taxes

-$387

Loan Payments

-$6,524

Net Cash Flow

$2,095

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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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Listing Courtesy of:Anthony Klier
Berkshire Hathaway Alliance
Certified Agent Brokerage:Greg Abel
Avenue Real Estate Group
MO Brokerage License 2007009265
SourceMid America Regional Information Systems (MARIS).
MLS #22023777
Last Updated: 04/22/2022 12:04
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