$49,000 St Louis. Multi family home generating 17.31% net yield
Built in 1906, this property is arranged as 2 two bedroom apartments and generates a net income of $8,916 per annum. Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield! KEY FIGURES: Purchase Price: $49,000 Buying Costs: $2,500 TOTAL OUTLAY: $51,500 RENTAL INCOME: $12,000 per annum OUTGOINGS: Taxes: $1,284 Insurance: $600 Management: $1,200 TOTAL OUTGOINGS: $3,084 NET INCOME: $8,916…
Built in 1906, this property is arranged as 2 two bedroom apartments and generates a net income of $8,916 per annum.
Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!
KEY FIGURES:
Purchase Price: $49,000
Buying Costs: $2,500
TOTAL OUTLAY: $51,500
RENTAL INCOME: $12,000 per annum
OUTGOINGS:
Taxes: $1,284
Insurance: $600
Management: $1,200
TOTAL OUTGOINGS: $3,084
NET INCOME: $8,916
THE NET YIELD IS THEREFORE A FANTASTIC 17.31%.
For further information or to reserve this property, please complete the enquiry form as soon as possible.
