Wholesale Fix And Flip Cash Flowing

Tenant Occupied Single Family Rental In Ucity For Sale

1146 Watts St, St. Louis, MO 63130

$120,000 After Repair Value -
$99,500 Asking Price -
$0 Cost of Repairs =
$20,500 Potential Profit

Property Details

Asking Price $99,500

After Repair Value $120,000

Costs of Repairs $0

Potential Profit $20,500

Living Area 912 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $17,136

Yearly Expenses $4,770

Property Taxes $1,200

Net Operating Income $12,366

Cap Rate 12.42

Property Description

912 Square Feet - 2 Bedroom / 1 Bath; Desirable location near Washington University, Clayton, public transit. Built 1947 - fully leased at $1,428 per month through 11/30/2025; Insurance $1,016/yr, Taxes $1,200/yr, Tenant pays utilities; Immediate cash flow with low Operating Cost. No rehab required to keep rent flowing & opportunity for rent growth when lease renews or provide tenant with 60 day notice to vacate so you can fix & flip

CONTACT LISTING OWNER

Lisa Boyer

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