1209 Mead Dr

Saint Louis, MO 63137
image0

2 bd, 1 ba | 1,221 sqft | Built in 1954

slider image
slider image
slider image
Sale Pending

Exclusive

Favorite

List Price
$100,000

Initial Investment

$27,250
Pre-approval letter or proof of funds required.

Purchase Price

$100,000

Down Payment

25%

Rent

$950

Total Return

$47,391

Annualized Return

22.4%

Cap Rate

5.9%

Gross Yield

11.4%

Cash Flow

-$94

Appreciation

8.2%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

11/08/2021

Lease End

10/31/2022

Lot Size

10,001

HOA

None

Flood Risk

High Risk - Zone AE

  • Perfect property style for SFR Investors
  • Strong Cap Rate with upside in market rent
  • Property is all brick with a 2 car garage, fenced yard, and hardwood floors
  • Home is located in a nice subdivision, walking distance to schools and public library

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$3,487

Property Taxes

-$2,000

Loan Payments

-$5,437

Net Cash Flow

-$94

See more in Financials

Property Characteristics

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.
  • 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.

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.

Similar Listings