43 Monterey Cypress Dr # C
Lake Saint Louis, MO 63367
List Price
$224,900
Initial Investment
$61,285Purchase Price
$224,900
Down Payment
25%
Rent
$1,800
Total Return
$73,960
Annualized Return
16.7%
Cap Rate
5.1%
Gross Yield
9.6%
Cash Flow
-$1,641
Appreciation
6.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Property Type
Townhouse
Lot Size
1,503
HOA
$190/mo
Flood Risk
Not Required
Awesome opportunity to own a townhouse in Lake St. Louis with LAKE RIGHTS! Easy living with yard maintenance provided by the HOA, 2 CAR GARAGE, and private back patio space! New stainless appliances convey. Brand new sliding back door, tall ceilings, and spacious bedrooms up stairs with a massive full bath! Located just off Lake St. Louis Blvd., it's a great space where you can pop outside for a morning run or a quick drive to either end of the road for your choice of restaurants. Boulevard Park is just a bike ride away and Lake Forest Country Club is a close option as well. Lake St. Louis amenities are abundant; POOL, LAKES, PICKLE BALL courts, par 3 GOLF COURSE, gym, etc.... Don't let this one sell out from under you!
See more in Analysis
Brian Miller
Mogul Realty STL LLC
MO Agent License #2016012615
Annual Financial Highlights
Expected Rent
$20,520Expenses
-$6,984Property Taxes
-$2,950Loan Payments
-$12,227Net Cash Flow
-$1,641See 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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SourceMid America Regional Information Systems (MARIS).
MLS #23052451
Last Updated: 09/03/2023 19:09
MLS #23052451
Last Updated: 09/03/2023 19:09