62 Parkville Ln

Festus, MO 63028
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2 bd, 2 ba | 1,413 sqft | Built in 2016

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List Price
$274,900

$5K

Initial Investment

$74,910

Purchase Price

$274,900

Down Payment

25%

Rent

$1,590

Total Return

$46,137

Annualized Return

9.4%

Cap Rate

4.2%

Gross Yield

6.9%

Cash Flow

-$3,798

Appreciation

4.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

6,098

HOA

$125/mo

Flood Risk

Not Required

Showings start Fri., 9/8. This wonderful ranch-style villa in Sawyers Ridge features 2 bedrooms and 2 full baths! It's wide & open floor plan has a flow that is perfect for entertaining! Soaring vaulted ceilings & gleaming wood floors greet you upon entering. Great Room features a gas burning fireplace flanked by 2 windows. Kitchen w/wood 42” cabinets boasts a raised breakfast bar, pantry & black appliances. Breakfast Rm has double doors that open to an awesome composite/vinyl covered deck that overlooks the green space. Main flr laundry off the kitchen. Master suite has a walk in closet, large full bath w/dbl vanity, linen closet & oversized shower. Hall bath has tub/shower combo. Guest bed rm boasts a dbl. window & ceiling fan. Lower level is a walkout, w/3 large windows & roughed in plumbing, lots of potential for add’l living space. Two car garage! Easy living in this low maintenance villa. Fabulous location! Close to highway, shopping, restaurants & more! This one won't last!

See more in Analysis
Brian Miller
Mogul Realty STL LLC
MO Agent License #2016012615

Annual Financial Highlights

Expected Rent

$18,126

Expenses

-$5,159

Property Taxes

-$1,820

Loan Payments

-$14,945

Net Cash Flow

-$3,798

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:Ryan Kerlick
Agent License 2014028821
Berkshire Hathaway Select
Certified Agent Brokerage:Brian Miller
Mogul Realty STL LLC
MO Brokerage License 2010004223
SourceMid America Regional Information Systems (MARIS).
MLS #23053430
Last Updated: 09/07/2023 23:09
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