$115,000 After Repair Value -
$65,000 Asking Price -
$0 Cost of Repairs =
$50,000 Potential Profit

Property Details

Asking Price $65,000

After Repair Value $115,000

Costs of Repairs $0

Potential Profit $50,000

Living Area 1498 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

8461 Bayberry Dr, Berkeley, MO 63134 is a single family home built in 1955 and is an absolute cash cow! The property is currently vacant, and if you place a tenant in there for market rent at $1,190 per month you can cash flow $885 each month when bought in cash! At a 16% CAP rate this will be a solid rental property, but you can always fix & flip the property for some profit. Regardless of what you decide to do with this property, there are many exit strategies and will be a great addition to your portfolio or a fun project to work on!

According to the Berkeley public records, the property at 8461 Bayberry Dr, Berkeley, MO 63134 has approximately 1,498 square feet, 3 beds and 2 baths with a lot size of 8,246 square feet. Nearby schools include Duchesne Elementary School, Cross Keys Middle School and Mccluer North High School.

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