1412 Benton St
Saint Louis, MO 63106
List Price
$87,500
Initial Investment
$23,844Purchase Price
$87,500
Down Payment
25%
Rent
$1,175
Total Return
$54,723
Annualized Return
31.7%
Cap Rate
10.3%
Gross Yield
16.1%
Cash Flow
$3,474
Appreciation
7.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
-
Lease End
-
Property Type
Duplex
Lot Size
1,224
HOA
None
Flood Risk
Not Required
- Perfect property type for Investors
- Property is being sold as a package deal with the connected duplex at 1414 Benton St for a total list price of $175,000
- Apartment 1412 is occupied and apartment 1412B is now occupied with a new 1 year lease.
- Great Cap Rate at market rent
- Property is located in the Old North St Louis neighborhood which is walking distance to the new $1.7 billion National Geospatial-Intelligence Agency Campus.
- Local experts expect the Old North St Louis neighborhood to have continued private development due to the increase in public development in the area. The neighborhood is expected to have an increase in new commercial development and jobs in the next few years. Along with a newer hospital being built in the area a few years ago
See more in Analysis
Annual Financial Highlights
Expected Rent
$13,395Expenses
-$4,264Property Taxes
-$900Loan Payments
-$4,757Net Cash Flow
$3,474See more in Financials
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