492 Flowering Magnolia Dr

O Fallon, MO 63366
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2 bd, 3 ba | 1,256 sqft | Built in 2005

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List Price
$220,000

Initial Investment

$59,950

Purchase Price

$220,000

Down Payment

25%

Rent

$1,750

Total Return

$85,848

Annualized Return

19.2%

Cap Rate

5.4%

Gross Yield

9.5%

Cash Flow

-$964

Appreciation

7.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

4,055

HOA

$155/mo

Flood Risk

Not Required

Excellent 2-bedroom townhouse in Magnolia Village. This is a great street-level unit in a fantastic location, just minutes from highways and schools. Walk in through the entry way to the spacious main level. The open floorplan sees the living room flow into the dining area and full kitchen. Upstairs is master bedroom with private bathroom and two master closets. Second bedroom is large with overhead lighting and the laundry is also on the upper level saving you extra trips up and down the stairs! The lower level is partially finished with an existing half-bath, space that would make a great living area, a “safe room” and utility & storage room. Outside has a recently updated deck leading to a private patio area that’s big enough for the grill and table & chairs. You also have a two-car attached garage and extra parking spots right across the street. Subdivision boast a fenced-in basketball court and awesome community pool. This won’t last long. Make your appointment today.

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

Annual Financial Highlights

Expected Rent

$19,950

Expenses

-$6,154

Property Taxes

-$2,800

Loan Payments

-$11,960

Net Cash Flow

-$964

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:Jonathan Davito
Agent License 2014015398
Keller Williams Realty West
Certified Agent Brokerage:Greg Abel
Avenue Real Estate Group
MO Brokerage License 2007009265
SourceMid America Regional Information Systems (MARIS).
MLS #23052079
Last Updated: 09/07/2023 22:09
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.